Steel Dynamics Inc 8-K, filed May 25, 2021
Steel Dynamics Inc (STLD)
About this 8-K
Steel Dynamics Inc filed this 8-K on May 25, 2021, reporting on events of May 24, 2021.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported)
May 25, 2021 (
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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:
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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).
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Item 8.01. Other Events
On May 24, 2021, Steel Dynamics, Inc. issued a press release titled “Steel Dynamics Names Mark D. Millett as Chairman of the Board.” A copy of that press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
(d ) Exhibits.
The following exhibit is filed with this report:
| Exhibit Number | Description |
| 99.1 | A press release dated May 24, 2021, titled “Steel Dynamics Names Mark D. Millett as Chairman of the Board.” | |
| 104 | Cover Page Interactive Data File – the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. |
SIGNATURE
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 hereto duly authorized.
| STEEL DYNAMICS, INC. | ||
| /s/Theresa E. Wagler | ||
| Date: May 25, 2021 | By: | Theresa E. Wagler |
| Title: | Executive Vice President and Chief Financial Officer |
Exhibit 99.1
Press Release May 24, 2021 |
![]() 7575 W. Jefferson Blvd. Fort Wayne, IN 46804 |
Steel Dynamics Names Mark D. Millett as
Chairman of the Board
FORT WAYNE, INDIANA, May 24, 2021 / PRNewswire / Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that Mark D. Millett, a Company founder and its President and Chief Executive Officer, will also serve as the Chairman of the Board, effective immediately. Pursuant to the Company’s corporate governance policies, Keith E. Busse, also a Company founder, has stepped down as the Chairman of the Board to ensure an orderly transition of board leadership, and remains a director based on the results of the Company’s 2021 Annual Meeting of Shareholders held May 19, 2021. Mr. James C. Marcuccilli will remain the Company’s lead independent director.
“Mark has done a tremendous job leading the Company,” stated Mr. Busse. “He has a clear strategic vision for Steel Dynamics and has demonstrated effective execution of this strategy. I believe Mark and the Steel Dynamics team will propel the Company forward through the next stage of growth. I am pleased to remain a director of the Board and to continue to participate in the great strides and opportunities we expect for the future.”
“On behalf of the Board of Directors, we would like to sincerely thank Keith for his contributions and valuable insights while serving since inception as our Chairman of the Board,” added Mark D. Millett, President and Chief Executive Officer. “His expertise in the industry, multitude of business relationships and wise judgment have been instrumental in guiding Steel Dynamics through many business and developmental milestones. I look forward to continuing to work closely with Keith as a director of our Board.”
About Steel Dynamics, Inc.
Steel Dynamics is one of the largest domestic steel producers and metals recyclers in the United States based on estimated annual steelmaking and metals recycling capability, with facilities located throughout the United States, and in Mexico. Steel Dynamics produces steel products, including hot roll, cold roll, and coated sheet steel, structural steel beams and shapes, rail, engineered special-bar-quality steel, cold finished steel, merchant bar products, specialty steel sections and steel joists and deck. In addition, the company produces liquid pig iron and processes and sells ferrous and nonferrous scrap.
