Nucor Announces Executive Transition with Retirement of COO and Promotion of CFO

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Sumoski, Chief Operating Officer, will retire on June 13, 2026, after more than 30 years of service. Effective January 1, 2026, Stephen D. Laxton, the current Chief Financial Officer, will be promoted to President and Chief Operating Officer. Laxton will continue as CFO until a successor is appointed. The transition reflects Nucor's ongoing succession planning process.

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About Nucor Corporation

Nucor Corporation is a leading American steel producer recognized for its innovative approach to steel production and commitment to sustainability. As one of the largest producers of steel and related products in North America, Nucor operates through its diverse network of mini-mills, providing a comprehensive range of steel products such as bars, beams, sheets, and plates. The company primarily serves sectors like construction, automotive, appliances, and energy, offering essential materials that form the backbone of these industries. Notably, Nucor is renowned for its pioneering use of recycled scrap metal, underscoring its role in promoting sustainable manufacturing practices. Headquartered in Charlotte, North Carolina, Nucor has a significant influence on the steel market, leveraging its flexible production processes and robust supply chain to meet customer demands efficiently. Its emphasis on employee safety, corporate responsibility, and environmental stewardship makes it a key player in advancing eco-friendly manufacturing and reducing industrial carbon footprints.