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Governance PrinciplesGovernance Principles
Management Succession Plan
The Compensation and Executive Development Committee is responsible for reviewing and maintaining a succession plan for the CEO and senior executives, including succession in the case of an emergency.
Communications with Third Parties
Management and, specifically, the CEO and his or her designees, speak for Nucor Corporation. It is expected that directors would not speak for the Company except in unusual circumstances.
Ratification of Independent Auditors
The Board of Directors will submit the selection of independent auditors to the stockholders for ratification at the annual meeting of stockholders each year. If the stockholders fail to ratify the Audit Committee's selection, the Audit Committee will reconsider its selection of the independent auditors at such time and in such manner as the Audit Committee may determine in its sole discretion. The Audit Committee may in its discretion appoint a different independent accounting firm at any time during the year if the Audit Committee determines that a change is in the best interests of Nucor.