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Nucor (NUE) Executive Vice President Daniel Needham plans June 2026 retirement

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(High)
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(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Nucor Corporation announced that Daniel R. Needham, Executive Vice President of Commercial, plans to retire from the company effective June 20, 2026. He informed Nucor’s Board of Directors of his decision on February 27, 2026, and the company states that his retirement is voluntary and aligned with its succession planning.

Needham joined Nucor in 2000 and has held a series of leadership roles across multiple steel operations before being promoted to Vice President in 2016 and Executive Vice President in 2021. Chair and CEO Leon Topalian highlighted his nearly 26 years of service and contributions to Nucor’s position in the North American steel industry.

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NUCOR CORP false 0000073309 0000073309 2026-02-27 2026-02-27
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 27, 2026

 

 

NUCOR CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   1-4119   13-1860817

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

1915 Rexford Road,

Charlotte, North Carolina

  28211
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s Telephone Number, Including Area Code: (704) 366-7000

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange

on which registered

Common Stock, par value $0.40 per share   NUE   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On February 27, 2026, Daniel R. Needham, Executive Vice President of Commercial at Nucor Corporation (the Company), notified the Company’s Board of Directors that he will be retiring from the Company effective June 20, 2026. Mr. Needham, 60, joined the Company in 2000 and has been an Executive Vice President since 2021. His decision to retire is voluntary and in accordance with the Company’s succession planning.

A copy of the news release announcing Mr. Needham’s retirement is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01.

Financial Statements and Exhibits.

 

(d)

Exhibits

 

99.1    News Release of Nucor Corporation dated March 3, 2026.
104    Cover Page from this Current Report on Form 8-K, formatted in Inline XBRL


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: March 3, 2026     By:  

/s/ John L. Sullivan

      John L. Sullivan
      Chief Financial Officer, Treasurer and Executive Vice President

Exhibit 99.1

 

News Release    LOGO

Nucor Executive Vice President Dan Needham to Retire

CHARLOTTE, N.C., March 3, 2026 – Nucor Corporation (NYSE: NUE) announced today that Daniel R. Needham, Executive Vice President of Commercial, plans to retire effective June 20, 2026.

Mr. Needham joined Nucor in 2000 as Controller at Nucor Steel Hertford County and subsequently served as Controller of Nucor Steel Decatur, LLC and Nucor Steel Utah. He later served as General Manager of Nucor Steel Connecticut, Inc., Nucor Steel Utah and Nucor Steel Indiana. He was promoted to Vice President in 2016 and to Executive Vice President in 2021.

“Over nearly 26 years with Nucor, Dan brought exceptional leadership and a deep commitment to our culture and teammates. His experience across multiple operations and communities strengthened our position in the North American steel industry and helped position the company for continued success. We are grateful for Dan’s many contributions and wish him and his family all the best in the next chapter,” said Leon Topalian, Chair and Chief Executive Officer of Nucor.

About Nucor

Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel — in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. Nucor, through The David J. Joseph Company and its affiliates, 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 is North America’s largest recycler.

Contact Information

For Investor/Analyst Inquiries –

Chris Jacobi, chris.jacobi@nucor.com, or Paul Donnelly, paul.donnelly@nucor.com

For Media Inquiries –

Katherine Miller, katherine.miller@nucor.com

Nucor Executive Offices: 1915 Rexford Road, Charlotte, North Carolina 28211

Phone 704-366-7000 Fax 704-362-4208 www.nucor.com

FAQ

What executive leadership change did Nucor (NUE) announce?

Nucor announced that Executive Vice President of Commercial Daniel R. Needham plans to retire effective June 20, 2026. He has been with the company since 2000 and has served in multiple operational leadership roles across several Nucor steel facilities.

When will Nucor executive Daniel R. Needham retire?

Daniel R. Needham is scheduled to retire from Nucor on June 20, 2026. He notified the Board of Directors on February 27, 2026, and the company describes the decision as voluntary and consistent with its established succession planning process.

What roles has Dan Needham held during his career at Nucor (NUE)?

Dan Needham joined Nucor in 2000 as a Controller and later served as General Manager at several Nucor steel divisions. He was promoted to Vice President in 2016 and to Executive Vice President in 2021, overseeing commercial operations across the company.

How long has Daniel R. Needham worked at Nucor before retirement?

Daniel R. Needham has worked at Nucor for nearly 26 years before his planned retirement. During that time, he advanced from Controller roles to General Manager positions and ultimately Executive Vice President of Commercial, contributing to Nucor’s North American steel operations.

How did Nucor’s CEO describe Dan Needham’s contributions?

Chair and CEO Leon Topalian praised Dan Needham for exceptional leadership and commitment to Nucor’s culture and teammates. He emphasized that Needham’s broad operational experience strengthened Nucor’s position in the North American steel industry and helped position the company for continued success.

Is Dan Needham’s retirement part of Nucor’s succession planning?

Yes, Nucor states that Dan Needham’s decision to retire is voluntary and in accordance with the company’s succession planning. This indicates the transition is planned rather than abrupt, allowing Nucor to manage leadership continuity in its commercial organization.

Filing Exhibits & Attachments

4 documents
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40.48B
220.63M
Steel
Steel Works, Blast Furnaces & Rolling Mills (coke Ovens)
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United States
CHARLOTTE