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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 This material may not be published, broadcast, rewritten or redistributed.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 106 418 11,538
MORTGAGES 135 521 14,424
FORECLOSURE NOTICES 0 0 2,278
BUILDING PERMITS 220 913 24,947
BANKRUPTCIES 53 297 8,729
BUSINESS LICENSES 26 119 3,890
UTILITY CONNECTIONS 71 524 13,980
MARRIAGE LICENSES 13 83 3,114

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