UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On December 17, 2020, the Board of Directors (the “Board”) of Nucor Corporation (the “Company”) elected David A. Sumoski as Chief Operating Officer of the Company, effective January 1, 2021. Also on December 17, 2020, in connection with his promotion, the Compensation and Executive Development Committee of the Board increased Mr. Sumoski’s annual base salary to $605,000, effective January 1, 2021.
Mr. Sumoski, age 54, currently Executive Vice President of Bar, Rebar Fabrication and Construction Services, joined the Company in 1995 as an electrical supervisor at Nucor Steel Berkeley, later serving as Maintenance Manager. He served as General Manager of Nucor Steel Marion, Inc. from 2008 to 2012 and of Nucor Steel Memphis, Inc. from 2012 to 2014. He was named Vice President of the Company in 2010 and was promoted to Executive Vice President of the Company in 2014.
There are no arrangements or understandings between Mr. Sumoski and any other persons pursuant to which he was selected as an officer. Mr. Sumoski has no family relationships with any of the Company’s directors or executive officers. There are no transactions involving the Company and Mr. Sumoski that the Company would be required to report pursuant to Item 404(a) of Regulation S-K.
Additionally, on December 18, 2020, the Company announced that each of K. Rex Query, Douglas J. Jellison and Gregory J. Murphy will be promoted to Executive Vice President, and MaryEmily Slate, the Company’s Executive Vice President of Sheet and Tubular Products, has been appointed to the newly created position of Executive Vice President of Commercial, all effective January 1, 2021.
A copy of the news release announcing the events described above is filed as Exhibit 99.1 hereto and is incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
| 99.1 | News Release of Nucor Corporation dated December 18, 2020 | |
| 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: December 18, 2020 | By: | /s/ James D. Frias | ||||
| James D. Frias | ||||||
| Chief Financial Officer, Treasurer and Executive Vice President | ||||||