8-K
Nucor Corp (NUE)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 14, 2021
NUCOR CORPORATION
(Exact name of registrant as specified in its charter)
| Delaware | 1-4119 | 13-1860817 |
|---|---|---|
| (State or other jurisdiction<br>of incorporation) | (Commission<br>File Number) | (IRS Employer<br>Identification No.) |
| 1915 Rexford Road<br>Charlotte, North Carolina | 28211 | |
| --- | --- | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (704) 366-7000
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| --- | --- |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| --- | --- |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| --- | --- |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading<br>Symbol(s) | Name of each exchange<br>on which registered |
|---|---|---|
| Common Stock, par value $0.40 per share | NUE | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
|---|
(b) On April 14, 2021, Nucor Corporation (the “Company”) announced that Raymond S. Napolitan, Jr. will retire from his position as Executive Vice President of Engineered Bar Products and Digital of the Company, effective June 5, 2021. Mr. Napolitan, age 63, joined the Company in 1996 and has been an Executive Vice President since 2013. His decision to retire is voluntary and in accordance with the Company’s succession planning.
A copy of the news release announcing Mr. Napolitan’s retirement is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits. |
|---|---|
| (d) | Exhibits |
| --- | --- |
| 99.1 | News Release of Nucor Corporation dated April 14, 2021 |
| --- | --- |
| 104 | Cover Page from this Current Report on Form 8-K, formatted in Inline XBRL (included in Exhibit 101) |
| --- | --- |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| NUCOR CORPORATION | ||
|---|---|---|
| Date: April 14, 2021 | By: | /s/ James D. Frias |
| James D. Frias | ||
| Chief Financial Officer, Treasurer and Executive Vice President |
EX-99.1
Exhibit 99.1
| News Release |
|---|
Nucor Executive Vice President Ray Napolitan to Retire
CHARLOTTE, NORTH CAROLINA, April 14, 2021 – Nucor Corporation (NYSE: NUE) announced today that Raymond S. Napolitan, Jr., Executive Vice President of Engineered Bar Products and Digital, plans to retire on June 5, 2021 after 25 years of service with Nucor. A succession plan will be announced at a later date.
Mr. Napolitan began his Nucor career in 1996 as Engineering Manager of Nucor Building Systems-Indiana. He became Operations Manager of Nucor Building Systems-Texas in 1999 and was promoted to General Manager later that year. Mr. Napolitan became President of American Buildings Company and Vice President of Nucor in 2007. He then served as President of Nucor’s Vulcraft/Verco Group from 2010 until his promotion to Executive Vice President in 2013.
“For 25 years, Ray’s dedication and exceptional leadership have contributed greatly to the growth and profitability of Nucor,” said Leon Topalian, President and CEO of Nucor. “From his leadership at divisions, to his service as Executive Vice President of Fabricated Construction Products and Engineered Bar Products, to his leadership of our digital initiatives, Ray has been an invaluable member of the Nucor team. I am especially grateful to Ray for his unwavering commitment to safety. On behalf of all Nucor teammates, I want to extend our deep appreciation to Ray for his leadership and the countless contributions he has made to Nucor over the years. We wish Ray and his family every happiness as they begin this next chapter.”
About Nucor
Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel – in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; steel grating; and wire and wire mesh. Nucor, through The David J. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America’s largest recycler.
Contact Information
For Investor/Analyst Inquiries - Paul Donnelly, 704-264-8807, or Gregg Lucas, 704-972-1841
For Media Inquiries - Katherine Miller, 704-353-9015
Nucor Executive Offices: 1915 Rexford Road, Charlotte, North Carolina 28211
Phone 704.366.7000 Fax 704.362.4208 www.nucor.com