UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 8-K

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CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): November 30, 2016

 

NUCOR CORPORATION

(Exact Name of Registrant as Specified in its Charter)

 

Delaware

(State or Other Jurisdiction of Incorporation)

 

1-4119   13-1860817
     

(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

 

N/A

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

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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:

 

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 

Item 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

(d)       On November 30, 2016, the Board of Directors of Nucor Corporation (the “Corporation”) elected Patrick J. Dempsey to the Corporation’s Board of Directors, effective December 1, 2016, with a term expiring at the Corporation’s 2017 annual meeting of stockholders. Mr. Dempsey is the President and Chief Executive Officer of Barnes Group Inc. Concurrent with his election as a director, Mr. Dempsey 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 Mr. Dempsey and any other persons pursuant to which he was selected as a director. There are no transactions involving the Corporation and Mr. Dempsey that the Corporation would be required to report pursuant to Item 404(a) of Regulation S-K. Mr. Dempsey has never served as one of the Corporation’s officers or employees.

 

Mr. Dempsey 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 March 17, 2016, as adjusted by the Board of Directors from time to time.

 

A copy of the news release announcing Mr. Dempsey’s election is furnished as Exhibit 99.1 and incorporated herein by reference.

 

 

Item 9.01.Financial Statements and Exhibits.

 

(d)Exhibits.

 

99.1News Release of Nucor Corporation issued December 1, 2016

 

 

 

 

SIGNATURE

 

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: December 1, 2016 By:  /s/ James D. Frias
    James D. Frias
Chief Financial Officer, Treasurer and Executive Vice President

 

 

 

 

INDEX TO EXHIBITS

 

 

Exhibit No. Description
   
99.1 News Release of Nucor Corporation, issued December 1, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

Exhibit 99.1

Nucor Announces the Addition of Patrick Dempsey to the Nucor Board of Directors

CHARLOTTE, N.C., Dec. 1, 2016 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that its board of directors has elected Patrick J. Dempsey as a director effective immediately. Mr. Dempsey, 52, is President and Chief Executive Officer of Barnes Group Inc. ("Barnes"), an international industrial and aerospace manufacturer and services provider.

Prior to being appointed CEO of Barnes, Mr. Dempsey served as Barnes's Senior Vice President and Chief Operating Officer, and was responsible for oversight and direction of its global business segments, as well as working closely on the development and execution of Barnes's strategic plan. Mr. Dempsey joined Barnes in October 2000 and has held a series of roles, including President, Windsor Airmotive; Vice President, Barnes; President, Barnes Aerospace; President, Barnes Distribution; and President, Logistics and Manufacturing Services. Prior to joining Barnes, Mr. Dempsey held leadership positions at United Technologies' Pratt and Whitney Division and the Interturbine Group of Companies. Mr. Dempsey currently serves as a Director of Barnes and also serves on the Board of Trustees of the Manufacturers Alliance for Productivity and Innovation (MAPI).

Mr. Dempsey holds a Bachelor of Technology (Education) in Metal and Engineering Technology from the University of Limerick, Ireland, and a Masters of Business Administration degree from the University of Michigan.

"Patrick brings extensive experience in the areas of business management, technology leadership, corporate strategy and development, and international business," said John Ferriola, Nucor's Chairman, Chief Executive Officer and President. "He will be an excellent addition to our board and we are pleased to welcome him to the Nucor team."

Nucor and its affiliates are manufacturers of steel products, with operating facilities primarily in the U.S. and Canada. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; steel fasteners; metal building systems; steel grating; and wire and wire mesh. Nucor, through The David J. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and HBI/DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.



CONTACT: Nucor Executive Offices, +1-704-366-7000, or fax, +1-704-362-4208