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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 This material may not be published, broadcast, rewritten or redistributed.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 35 250 5,016
MORTGAGES 60 382 6,608
FORECLOSURE NOTICES 0 38 1,517
BUILDING PERMITS 179 720 11,979
BANKRUPTCIES 54 257 5,216
BUSINESS LICENSES 24 89 2,025
UTILITY CONNECTIONS 92 443 6,907
MARRIAGE LICENSES 16 81 1,422

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