NUCOR CORPORATION (NYSE:NUE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
(d)On September 14, 2017, the Board of Directors of Nucor Corporation (the “Corporation”) elected retired U.S. Army General Lloyd J. Austin III to the Corporation’s Board of Directors, effective September 18, 2017, with a term expiring at the Corporation’s 2018 annual meeting of stockholders. Concurrent with his election as a director, General Austin was appointed to the Audit Committee, the Compensation and Executive Development Committee and the Governance and Nominating Committee of the Board of Directors. There are no arrangements or understandings between General Austin and any other persons to which he was selected as a director. There are no transactions involving the Corporation and General Austin that the Corporation would be required to report to Item404(a) of Regulation S-K. General Austin has never served as one of the Corporation’s officers or employees.
General Austin will receive compensation in accordance with the Corporation’s standard compensation arrangements for non-employee directors, which are described under the caption “Director Compensation” in the Corporation’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on March23, 2017, as adjusted by the Board of Directors from time to time.
A copy of the news release announcing General Austin’s election is furnished as Exhibit 99.1 and incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits |
| 99.1 | News Release of Nucor Corporation issued September 14, 2017 |
NUCOR CORP ExhibitEX-99.1 2 v475211_ex99-1.htm EXHIBIT 99.1 Nucor Announces the Addition of General Lloyd J. Austin III to the Nucor Board of DirectorsCHARLOTTE,…To view the full exhibit click here
About NUCOR CORPORATION (NYSE:NUE)
Nucor Corporation (Nucor) manufactures steel and steel products. The Company also produces direct reduced iron (DRI) for use in the Company’s steel mills. It also processes ferrous and nonferrous metals and brokers ferrous and nonferrous metals, pig iron, hot briquetted iron (HBI) and DRI. Nucor operates in three segments: steel mills, steel products and raw materials. Its steel mills segment produces and distributes sheet steel (hot-rolled, cold-rolled and galvanized), plate steel, structural steel (wide-flange beams, beam blanks, H-piling and sheet piling) and bar steel (blooms, billets, concrete reinforcing bar, merchant bar, wire rod and special bar quality). Its steel products segment produces steel joists and joist girders, steel deck, fabricated concrete reinforcing steel and cold finished steel. Its raw materials segment produces DRI; brokers ferrous and nonferrous metals, pig iron, HBI and DRI; supplies ferro-alloys, and processes ferrous and nonferrous scrap metal.