The most recent insider tranaction occured on February, 3rd when EVP Kenneth Rex Query sold 1,962 shares worth more than $349,216.38. John H. Walker, a member of the Board since 2008 and most recently its Non-Executive Chairman, will continue to serve as a Board member. Cornerstone and the insulated metal panel building business is doing that. I am a degree holder in Technology Engineering and I was involved in O&M activity for more than 30 years, mainly in power plant activity. sale The "King Of Quants" sees 10X potential Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. And how deep is your pipeline of potential targets right now? This is a game-changing mill in the U.S. plate market that will firmly establish us as the market leader in plate. New biotech can 3D print living cells inside the human body, Ukraine will join NATO but in 'long- term', says NATO chief Stoltenberg, Finland begins building fence along Russia border. Were proud to call them Nucor team members, and the growth that theyre going to bring in the coming years is something incredibly exciting for us. the Chair, President and CEO of Nucor Corp and owns about 128,107 shares of Nucor Corp (NUE) stock worth over $22 Million. This chart shows Leon J Topalian's buying and selling at Nucor by year and by quarter. Now, there may be some things that were looking at that I cant get into that would be very, very small that might be complementary, but we -- our eggs are in the C.H.I. I want to thank each and every member of the Nucor family for your focus and dedication in ensuring every team member is safe. Some of the changes in the energy commodity pricing seen in the marketplace overall over the past year were mitigated by Nucors fiscal and financial hedges that we had in place. Having joined Nucor in 1996, Mr. Topalian also has served as General Manager at two of Nucor's facilities, in Arkansas and Illinois, as well as Melting and Casting Manager, an Operations Manager, a cold mill production supervisor and a project manager. Mr. Topalian has been President and Chief Executive Officer of Nucor and a member of its Board of Directors since 2020. But do you see other opportunities to make downstream acquisitions? Leon J. Topalian Chair, President & CEO Join to edit Mr. Topalian was named President and Chief Operating Officer on September 5, 2019. We spent about $1 billion so far. My No. Salary: $1,000,000: Bonus: $0: Value of Stock Awards: $3,939,943: Value of Option Awards: $1,750,000: Non-Equity Incentive Plan Compensation: $4,000,000: Change in . Following the completion of the sale, the chief executive officer now directly owns 126,809 shares of the company's stock, valued at $17,082,440.39. Leon Topalian best website builder Nucor has introduced Elcyon, the company's new sustainable heavy gauge steel plate product made specifically to meet the growing demands of America's . John H. Walker, a member of the Board since 2008 and most recently its Non-Executive Chairman, will continue to serve as a Board member. Our mission, to become the worlds safest steel company, is the greatest measure of our culture and our most important value. Prior to that time, he held various leadership positions at Nucor, including President and Chief Operating Officer in 2019, Executive Vice President from 2017 to 2019, and Vice President from 2013 to 2017. In summary, during the past 3 months, insiders sold 57,932 shares of Nucor Corp (NUE) in total and bought 0 shares, with a net You can help Wikipedia by expanding it. Again, fabricators are a big part of that plate business. And we remain really excited about the opportunities in structural as we talk to fabricators and we talk to the what I call the consumptive demand part of the market, the folks that are buying our steel and making something out of it is still really strong. where Nucor has a long history and presence throughout the state," said Leon Topalian, Chair, President and CEO of Nucor Corp. "As America's most diverse industrial manufacturer of steel products, we will be able to . Mr Topalian owns over 3,000 units of Nucor stock worth over $20,706,642 and over the last 6 years he sold NUE stock worth over $9,685,670. 62 | March 2021 And then, the C.H.I. "I feel very privileged to take on this role at Nucor and thank the Board for its confidence in me," Topalian said. of 76,357. Nucor, through The David J. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor can also be reached via phone at (704) 366-7000 and via email at paul.donnelly@nucor.com. CHARLOTTE, N.C., Sept. 15, 2022 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that its President and Chief Executive Officer, Leon J. Topalian, has assumed the additional role of Chair of the Board of Directors and that Board member, Christopher J. Kearney, has been appointed Lead Director of the Board, both effective today. Chad, why dont you just kind of break through a little bit of that split and how thats looking, whats our forecasting into Q3 and Q4? John Hollatz was promoted to Executive Vice President of Bar, Engineered Bar and Rebar Fabrication. CELEBRATING 73 YEARS 1948-2021 The official publication of the San Francisco Region of the Sports Car Club Of America Fresno Solo p. 6 Regionals 1 & 2 p. 8 SFR Solo II p. 24 Drivers School p. 28 VOL. Her parents moved into the Topalians home in Florence to take care of the household while Leon was in Charlotte for work during the weekdays. We are not atrading platform and do not offer tobuy stock or sell any security. Our joist and deck business continued to be the largest contributor to the segments performance. That -- the new equipment, were capable of 73.5 inches. So, at $1.1 billion of net earnings for our products group, they are setting an incredibly high bar and really operating on all cylinders. 2004-2023 GuruFocus.com, LLC. Click here to see the complete history of Leon J Topalians form 4 insider trades. We want the transfer price to reflect the market price into the steel mills, so that will reflect in those segment reporting. So, we see a little bit probably leveling of pig prices through the third quarter declining into the fourth quarter. He died Wednesday. While we are all aware of these factors, Nucors sustainable and flexible business model gives me great confidence in our ability to continue to grow and create value for our shareholders. You noticed somewhat soft utilization rates for those verticals this year, yet pricing is holding up extremely well and basically close to record metal spread today. Good afternoon and welcome to our second quarter earnings call. Chad Utermark, who was over our EVP of our Products Group and now moving into New Markets. As Leon mentioned, this years second quarter was the best quarterly financial performance in our companys history. Nucor is, https://www.prnewswire.com/news-releases/nucor-announces-leon-j-topalian-as-chair-of-the-board-of-directors-names-christopher-j-kearney-lead-independent-director-301625534.html, UPDATE 1-London Stock Exchange Group posts steady 2022 earnings, eyes buyback on Blackstone/TR stake, S.Africa's MultiChoice and Comcast to create Africa-wide streaming service, UPDATE 1-Metro Bank flags limited growth in 2023 net interest margin, Metro Bank flags limited growth in 2023 net interest margin, London Stock Exchange Group posts steady 2022 earnings, eyes buyback on Blackstone/TR stake. As part of this reorganization, Chad Utermark has been appointed to the newly created role of Executive Vice President of New Markets and Innovation. Thanks, Emily. It is very difficult to know when to deliver these type twins. We typically run at utilization 60%, 70% and hold that leadership position. Good day, everyone, and welcome to the Nucor Corporation Second Quarter of 2022 Earnings Call. The result is that today, we are the leading North American manufacturer of a diverse array of steels and steel products providing essential solutions for construction, infrastructure, energy, transportation, automotive, capital goods and consumer-durable market applications. Other key executives at Nucor Corp include And its held quite strong. Having joined Nucor in 1996, Mr. Topalian also has served as General Manager at two of Nucor's facilities, in Arkansas and Illinois, as well as Melting and Casting Manager, an Operations Manager, a cold mill production supervisor and a project manager. Leon J. Topalian is President, Chief Executive Officer & Director at Nucor Corp. The ITC is conducting several more five-year sunset reviews this year off key trade orders on flat-rolled products. Were seeing some -- again, the word resiliency is the right word across the nonres construction businesses and you know well now in Nucor that 50% of our overall mix is into the construction sector. These state-of-the-art features will increase Nucor Towers & Structures capabilities to provide engineered solutions for utility infrastructure and construction projects. And the third, our new state-of-the-art plate mill in Brandenburg, Kentucky is anticipated to start at the end of the year. Prior to that time, he held various leadership positions at Nucor, including President and Chief Operating Officer in 2019, Executive Vice President from 2017 to 2019, and Vice President from 2013 to 2017. That will happen during the third quarter. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. So I do want to state that, and well gauge that by the demand in the marketplace. Il s'agit d'un socit dont la forme juridique est Le code d'activit . And with the acquisition of Summit Utility Structures and Sovereign Steel Manufacturing, weve established Nucor Towers and Structures. Turning to our financial performance. Mr. Topalian began his career with Nucor as a project engineer at Nucor Steel-Berkeley in 1996 and was promoted to Cold Mill Production Supervisor in 1998. Nucor CEO Leon Topalian says the American steel industry can handle any increased demand rising from passage of an infrastructure bill in Congress. And Steve, do you want to touch on sort of our CapEx for the balance of the year and how were looking? Please. Transaction Summary of Leon J Topalian But how are market participants acting now? In his past career he held the position of General Manager at Nucor-Yamato Steel Co., General Manager for Nucor Steel Kankakee, Inc., Manager-Melting & Casting at Nucor Steel-South Carolina and Project Engineer at Nucor Steel Berkeley. MONTGOMERY - Governor Kay Ivey today announced that Nucor Corp. plans to invest approximately $125 million to open an advanced manufacturing facility in Alabama where a new business unit, Nucor Towers & Structures, will produce transmission towers. The estimated Net Worth of Leon J Topalian is at least $36.3 Million dollars as of 20 December 2022. Topalian takes over the role from John Brett, CEO of ArcelorMittal North America, who has chaired AISI since March 2020. Executive Vice President Engineered Bar Products and Fabricated Construction Products, Chief Financial Officer, Treasurer & Executive Vice President. As the Pres and CEO & Director of Nucor, the total compensation of Mr Topalian at Nucor is $5,953,180. This situation places the babies at high risk for their umbilical cords to become entangled which could result in cord compression and possible fetal demise. 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