He will go on to be elected vice chairman of the board of directors in june 2001, and chairman of the board in 2006. We talk to nucor ceo dan dimico about the state of the steel business and about the companys stock. Similar views appear in books dimicco has written, including last. Dan dimicco retired ceo,chairman, chairman emeritus. Dan dimicco, who led charlottebased steelmaker nucor corp. Mar 04, 2018 watching the talking heads twisting themselves into pretzels trying to make the tariffs evil was something to behold. He not only revived a major us manufacturing firm during a recession, but helped galvanize the flagging domestic steel industry when many of his competitors were in. Former nucor president and ceo dan dimicco answers a question during an interview at the companys headquarters in charlotte, n. Not so, says dan dimicco, chairman and former ceo of nucor, americas largest steel company.
North carolinas dan dimicco meets with trump mcclatchy. Nucors ceo is stepping aside, but its culture likely wont. President trump announced that he would take advantage of this historic. If you want to know what is going on just follow dan dimicco on twitter. In the years that followed, the company made several acquisitions. Prominent industrialist tries to convince america of its. I hope everybody who is watching makes him a follow. Former nucor ceo dimicco will release book on manufacturing. How former nucor ceo dan dimicco became senior trade adviser. Print subscribers receive the printed book of lists when published. Nucor and dan dimicco made three additional appearances on the businessweek.
As chairman and ceo, dan has lead nucor through a period of transformative. An interview with nucor ceo dan dimicco the motley fool. He served as a trade advisor to donald trump during trumps 2016 presidential campaign. North carolinas dan dimicco meets with trump bellingham herald. Author dan dimicco is the ceo of nucor, a company with headquarters in charlotte, north. Guided by clear rules, nucor people learn constantly how to run a steel business the nucor way. Prominent industrialist tries to convince america of its economic folly. Jul 09, 2004 nucor is americas largest steel producer, as well as one of the largest recyclers of steel. He has emerged as a national leader in the movement to create a comprehensive agenda to restore strength and growth to american manufacturing. He was appointed to the department of commerce us manufacturing council in 2008 and served until 2011. In september 2000, dimicco, formerly the general manager of the companys highly profitable nucor yamato steel joint venture, was appointed ceo. As chairman and ceo, dan has lead nucor through a period. Dan dimicco retired ceo,chairman, chairman emeritus nucor. Dan dimicco an adviser to president donald trump on trade issues is a former ceo at nucor whose tenure with the company overlapped with the years when the alleged abusive treatment of.
Dec 15, 2016 former nucor president and ceo dan dimicco answers a question during an interview at the companys headquarters in charlotte, n. View dan dimiccos profile on linkedin, the worlds largest professional community. Mar 03, 2015 dan dimicco is the former ceo and chairman emeritus of nucor, the largest and most profitable u. The ceo of nucor steel, dan dimicco, has an 18word theory on company management. Ferriola to be named nucor ceo effective january 1.
Dan dimicco, the former ceo of nucor steel, served as trumps head trade adviser and transition head. Testimony of dan dimicco chairman, ceo and president, nucor corporation and member of the american iron and steel institute and the steel manufacturers association i am dan dimicco, chairman, ceo, and president of nucor corporation. In this book, he outlines a roadmap for the future of manufacturing and job creation that just might change some minds. In september 2000, dimicco, formerly the general manager of the companys highly profitable nucoryamato steel joint venture, was appointed ceo. In march 1991, dan became general manager of the nucoryamato joint venture in blytheville, arkansas and became vice president in january 1992.
Daniel ralph dimicco born 1950 is an american businessman who is the former ceo and chairman of nucor steel company. It is the largest steel producer in the united states, and is the largest minimill steelmaker i. Former nucor ceo dan dimicco on his secret to success charlotte. The former chairman and ceo of nucor starts his book. Peter navarro and the quest to demonize china for economic woes. Nucor chairman dan dimicco, is retiring at the end of the year. In fact, recalls former ceo dan dimicco in his new book american made. He not only revived a major us manufacturing firm during a recession, but helped galvanize the flagging domestic steel industry when many of his competitors were in bankruptcy or headed overseas. Mar 27, 2015 dan dimicco is the former ceo and chairman emeritus of nucor, the largest and most profitable u.
Thank you for the opportunity to appear before you today. The biggest fan of trumps steel tariffs is suing over them. What will the transition be like as he prepares to step down as chairman and a director at nucor after years of running the. Dan dimicco is named the president and ceo of nucor, succeeding prior ceos david aycock 19992000 and john correnti 19961999. Follow dan dimicco because holy cow does he ever have the story right. Feb 24, 2015 author dan dimicco is the ceo of nucor, a company with headquarters in charlotte, north carolina that has risen to become americas largest and most successful steel company. Iverson distilled his business philosophy into a book. Nucors charlestonarea steel mill was doing fine without. Dimicco gave testimony on chinese currency policy in the congress.
Mar 01, 2018 dan dimicco, coalition for a prosperous american chair and former nucor ceo, discusses the trump administrations plans for imposed tariffs on imported steel and aluminum as early as next week. Nucors ceo is stepping aside, but its culture likely won. Jun 27, 2016 dan dimicco, former ceo of charlottebased nucor corp. Former nucor ceo went out with record 2019 compensation. It follows other books on the subject from ceos trying to shake life into a moribund establishment. Mar 24, 2017 that nucor which dan dimicco used to be the ceo of. Why american made is the answer forget the economic bubbles, says the former nucor ceo in a new book. The company began pushing back against unfair trade practices under former ceo dan dimicco, who was a trade adviser to trump during his 2016 presidential campaign. From september 2000 through the end of 2012, nucor. Nucor ceo dan dimicco shares his economic perspective. What will the transition be like as he prepares to step down as chairman and a director at nucor. Chairman emeritus chairman, coalition for a prosperous america. Dimiccos message in the book is that manufacturing is alive and well and shouldnt be ignored for its ability to create wellpaying jobs. Discover delightful childrens books with prime book box, a subscription that.
Nucor corporation is an american producer of steel and related products headquartered in charlotte, north carolina. Former nucor ceo and chairman emeritus dan dimicco, an outspoken supporter of u. See the complete profile on linkedin and discover dans connections. Nov 15, 2006 dan dimicco is chairman, president, and ceo of nucor corporation, the worlds largest recycler and the largest u. Nucor is one of the worlds most profitable steel companies and the only north american steel company to have an investmentgrade bond rating. Nov 20, 2012 nucors ceo is stepping aside, but its culture likely wont. Hire the right people, give them the resources and tools, and get the hell out of the way. Dan served as nucor s ceo longer than anyone since company founder, ken iverson. Dimicco, nucor s chief executive, declined to disclose a specific cause but said mr. Author dan dimicco is the ceo of nucor, a company with headquarters in charlotte, north carolina that has risen to become americas largest and most successful steel company.
That american steel industry which has suffered more from the competition of dan dimicco s nucor than it has from anything the chinese have done. The tariffs announced by president donald trump on thursday most likely wont be the last from the administration, according to former trump trade advisor dan dimicco. Charlestonarea steel mill owner nucor names new ceo. Why making things will return us to greatness, when ken iverson brought the former nuclear technology company into the steel business in the 1960s, the corporation was fighting for its very survival. Showing unequivocally that many of americas past presidents and.
Dimicco joined nucor corporation in november 1982 as plant metallurgist and manager of quality control for nucor steel in plymouth, utah. Under dan s leadership, nucor delivered dramatic growth in profits and shareholder returns. Why making things will return us to greatness, when ken iverson brought the former nuclear technology company into the steel business in the 1960s, the corporation was fighting for its. Dimicco s contributions and influence extend beyond nucor to his efforts to restore americas manufacturing base and to his work in washington. Milchovich, nucor s lead independent director, said, on behalf of the nucor board, i would like to recognize dan s remarkable career. Through his 2015 book the patriotic businessman details his passionate stance declaring it is essential for america to regain its manufacturing base if our nation is to. Its time to focus on creating jobs and real wealth by rebuilding u. Nov 26, 20 nucor chairman dan dimicco, is retiring at the end of the year. Ferriola, 67, became ceo in 20, replacing dan dimicco, who retired after 12 years as the head of the company at the end of 2012.
Dimicco joined nucor in 1982 as plant metallurgist and manager of quality control for nucor steel in plymouth, utah. He has emerged as a national leader in the movement to create a comprehensive agenda to restore strength and. In his book, unconstitutional, roger simmermaker advocates a brand of economic protectionism that dates back to the american forefathers. Forget the economic bubbles, says the former nucor ceo in a new book. Dan dimicco, coalition for a prosperous american chair and former nucor ceo, discusses the trump administrations plans for imposed tariffs on imported steel and aluminum as early as next week. The 61 year old executive ranks 14 within materials. Dimicco delivers a broadside against the not so, says dan dimicco, chairman and former ceo of nucor, americas largest steel company. Ferriola to be named nucor ceo effective january 1, 20, daniel r. The exodus of jobs to china and other foreign markets is irreversible, and anything that is built here requires specialized skills the average worker couldnt hope to gain. Indeed, navarro and former nucor ceo dan dimicco, who has been considered for trumps us trade representative, represent not just trade protectionism but a longstanding effort to mainstream antichina bias in america.
Dan dimicco is the former ceo and chairman emeritus of nucor, the largest and most profitable u. Dont know whether to give them an aspirin or an oscar came to mind. Dan dimicco, a titan of american industry, has a new book. Dan dimicco, the former nucor ceo and board member of the coalition for a prosperous america, said right now the global organization does not work for us. Dan dimicco, former ceo of charlottebased nucor corp. Dan dimicco was its chief executive from 2000 through 20. How former nucor ceo dan dimicco became senior trade. Through his 2015 book the patriotic businessman details his passionate stance declaring it is essential for america to regain its manufacturing base if our nation is to become. Dan dimicco is chairman, president, and ceo of nucor corporation, the worlds largest recycler and the largest u.
Dimicco, who is credited with increasing sales fivefold at nucor and overseeing a total shareholder return of 464 percent during his tenure. Dimicco landed some very strategic punches and i found myself thinking oh thats gonna leave a mark. For 2009, the ceo s total compensation at nucor reported in our proxy statement. To see what your friends thought of this book, please sign up. Nucors steely resolve for longterm success industryweek. Nucor is americas largest steel producer, as well as one of the largest recyclers of steel. As we refer to it as share the pain and share the gain, it works for us throughout the business cycle. Mar 02, 2018 dan dimicco, former nucor ceo, says president trumps trade message to the world is the u. The company says leon topalian, currently the youngest member of nucor s executive team, will take the chief executive. Award honoree in the cbjs 2019 most admired ceo awards program.