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VOL. 127 | NO. 226 | Monday, November 19, 2012

Nucor Says Chief Operating Officer Ferriola to Take Over as CEO

AP

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CHARLOTTE, N.C. (AP) – Steel producer Nucor Corp. said Friday that President and Chief Operating Officer John Ferriola will be promoted to CEO on Jan. 1.

Daniel DiMicco will remain executive chairman of the company.

Ferriola has worked at Nucor since 1992. He became the head of its steelmaking operations in 2007 and was made president and COO in January 2011.

DiMicco, 62, has led the company since September 2000.

Nucor shares slipped 46 cents to $38.90 in morning trading as the broader markets narrowly declined.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 66 378 15,444
MORTGAGES 67 456 20,235
FORECLOSURE NOTICES 0 109 3,995
BUILDING PERMITS 175 1,046 36,888
BANKRUPTCIES 58 290 14,633
BUSINESS LICENSES 16 80 5,209
UTILITY CONNECTIONS 76 388 22,205
MARRIAGE LICENSES 28 111 4,774

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