He was a member of donald trumps presidential transition team, a group of advisors tasked with recommending presidential appointments for the incoming administration. Trumps transition team is full of washington insiders. Dan dimicco was its chief executive from 2000 through 20. Nue chairman and ceo dan dimicco received a lifetime achievement award from the.
Dan dimicco, former ceo of charlottebased nucor corp. The 61 year old executive ranks 14 within materials. Ceo dan dimicco stoutly defended the trump administration s aggressive foreign trade policy and tariffs at. May 31, 2017 if the person who sits in the ceos office at nucor doesnt tell you that the toughest decisions they make every day involve their teammates here at nucor, that person doesnt belong in the ceos office, ferriola said simply. Dimicco has announced that he is retiring from the board of directors of nucor nue. I believe if you asked dan dimicco that question, he would answer the same way. Dan dimicco is the chairman emeritus and former ceo of nucor corporation, a manufacturer of steel and related products. Facebook gives people the power to share and makes the. Mar 02, 2018 dan dimicco, former nucor ceo, says president trumps trade message to the world is the u. In september 2000, dimicco, formerly the general manager of the companys highly profitable nucor yamato steel joint venture, was appointed ceo. John ferriola appointed ceo at nucor as dimicco steps down. Dan dimicco says he and donald trump had never met in person when the presidential candidates campaign approached the former ceo of.
For 2009, the ceo s total compensation at nucor reported in our proxy statement. For the last 30 years, writes dimicco, the united states has followed a course whereby jobs have fled the country for cheaper labor markets while our own economy has been converted from. Former nucor president and ceo dan dimicco answers a question during an interview at the companys headquarters in charlotte, n. 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. For dimicco was the ceo of nucor and hes calling for trade protection for the american steel industry. View dan dimiccos profile on linkedin, the worlds largest professional community.
Ferriola to be named nucor ceo effective january 1. From september 2000 through the end of 2012, nucor completed over 50 acquisitions for a total. Craftingandexecutingbusi 170 10 what recommendations. As the largest steel producer in the united states, nucor steel produces over 23 million tons of steel each year across 200 locations. That american steel industry which has suffered so grievously from the competition from nucor. Perhaps, according to this list 11102016 retired nucor corp. Nucor corporation is a successful minimill steel company with a reputation for cost efficiency and streamlined management. President and ceo of nucor, dan dimicco, gives his take on the steel industry and the state of american manufacturing.
How former nucor ceo dan dimicco became senior trade. Forging the ferriola years american metal market fastmarkets amm. 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. Well, you can make burgers, or you can make thingsand making burgers, warns the former ceo of steel giant nucor, is a fast track to immiseration. 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. Jul 09, 2004 nucor is americas largest steel producer, as well as one of the largest recyclers of steel. Find dan dimiccos phone number, address, and email on spokeo, the leading online directory for contact information. Check out my recommendation, then keep reading here to see how you can get involved in our upcoming live chat with nucor ceo dan dimicco. An interview with nucor ceo dan dimicco nucor ceo dan dimicco shares his economic perspective. In the years that followed, the company made several acquisitions.
The conference brings together metals and mining industry leaders and institutional investors from around the world. Its never been a secret that charlotte businessman dan dimicco, former ceo of steel manufacturer nucor, has close ties to president donald trump. Join facebook to connect with dan dimicco and others you may know. Trumps transition team is full of dc lobbyists and insiders. Nucor, one of the worlds most profitable steel companies, hasnt laid off. 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. The actions that students recommend should probably involve the following. Donald trumps developing trade agenda business insider. Dimicco has announced that he is retiring from the board of directors of nucor nue, 0. Nucors origins are with auto manufacturer ransom e. Daniel ralph dimicco born 1950 is an american businessman who is the former ceo and chairman of nucor steel company.
Former nucor ceo dimicco will release book on manufacturing. We talk to nucor ceo dan dimico about the state of the steel business and about the companys stock. Di speaker series features nucor steel vp the daniel island. Nucor corps dan dimicco will step down as ceo on january 1, to be succeeded by president and chief operating officer john ferriola.
Prior to that, he held the position of president and coo in the company from 2011 to 20. Dan dimicco retired ceo,chairman, chairman emeritus nucor. Nov 16, 2016 multiple media outlets have pegged former nucor ceo dan dimicco in the running for the role of commerce secretary, which is responsible for promoting job creation, economic growth and sustainable. The steel magnate helping trump assail pollution regulations. Exnucor ceo dimicco leading trumps transition team for ustr daniel dimicco, the senior trade adviser to us presidentelect donald trump, is leading the administrations transition team for the office of the us trade representative ustr, he confirmed to metal bulletin sister title amm on thursday november 10. Ferriola will take over as head of the charlotte, north carolinabased us steelmaker on new years day, while dimicco will stay on as executive chairman, nucor announced on friday november 16. Dan dimicco, the former ceo of nucor, the largest steel producer in the us, was listed as trumps trade representative on the. Under dans leadership, nucor delivered dramatic growth in profits and shareholder returns. North carolinas dan dimicco meets with trump mcclatchy. Dan dimicco, former ceo and chairman of charlottebased nucor. Dan was elected vice chairman of the board of directors in june 2001, and chairman of the board in 2006. How former nucor ceo dan dimicco became senior trade adviser. Nucors dan dimicco and the road to american prosperity. Exnucor ceo dimicco leading trumps transition team for ustr.
What will the transition be like as he prepares to step down as chairman and a director at nucor after years of running the. Earlier this week, he was inducted into the north carolina business hall of fame. Ceo dan dimicco stoutly defended the trump administration s aggressive foreign trade policy and tariffs at a metals convention thursday in charlotte. See the complete profile on linkedin and discover dans connections. A year later he was elected to the companys board as chairman.
Jun 27, 2016 dan dimicco, former ceo of charlottebased nucor corp. Dimicco, 62, who served as nucor s ceo longer than anyone since founder ken iverson, took over as nucor s leader in september 2000, near the start of an economic slump that radically restructured. Nucors charlestonarea steel mill was doing fine without. Nov 15, 2006 dan dimicco is chairman, president, and ceo of nucor corporation, the worlds largest recycler and the largest u. Nucor chairman dan dimicco, is retiring at the end of the year. Dan was elected vice chairman of the board of directors in june 2001, and chairman of the board in. Fourandahalf years into his tenure as nucors chief executive officer. He will go on to be elected vice chairman of the board of directors in june 2001, and chairman of the board in 2006. 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. Dan served as nucor s ceo longer than anyone since company founder, ken iverson.
The leadership he has provided for his company during this protracted economic downturn typified by. How former nucor ceo dan dimicco could factor into trump. What recommendations would you make to dan dimicco. Dan dimicco, coalition for a prosperous american chair and former nucor ceo, discusses the trump administrations plans for imposed tariffs. Former nucor ceo and chairman dan dimicco, an adviser to donald trumps campaign, gave more insight into his support of trump in a. Somea worldwide steel capacity glutare frustratingly familiar and seem intractable. Dan dimicco retired ceo,chairman, chairman emeritus. He not only revived a major us manufacturing firm during a.
Feb 15, 2009 by mid2008 nucor had hit an alltime high. A source told business insider that dimicco was under consideration to be the next us trade. He uses the philosophy of putting daily decision making into the hands of his operating people. As we refer to it as share the pain and share the gain, it works for us throughout the business cycle.
Dan became executive vice president of nucor corporation in september 1999, and in september 2000 he was elected president and chief executive officer. Dan dimicco is named the president and ceo of nucor, succeeding prior ceos david aycock 19992000 and john correnti 19961999. Dimicco joined nucor in 1982 as plant metallurgist and manager of quality control for nucor steel in plymouth, utah. 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.
Dimicco retired from charlottebased nucor in early 20 after having served as ceo since 2000. In september 2000, dimicco, formerly the general manager of the companys highly profitable nucoryamato steel joint venture, was appointed ceo. Continue to aggressively pursue a lowcost leadership strategyit is clearly the best strategy for nucor and is wellsuited for competing in the steel industry. John ferriola succeeded dan dimicco becoming ceo of arguably the largest american steel producer nucor corporation in 20. The company says leon topalian, currently the youngest member of nucors executive team, will take the chief executive. Today, the motley fool will conduct an exclusive live chat session with nucor nyse. Oct 17, 2016 former nucor ceo and chairman dan dimicco, an adviser to donald trumps campaign, gave more insight into his support of trump in a phone interview with cbj monday afternoon. Simply make your way to our home page to participate. An interview with nucor ceo dan dimicco the motley fool.
Find dan dimicco s phone number, address, and email on spokeo, the leading online directory for contact information. Charlotte steelmaker nucor expands mill and thanks trump. From january 20january 2014 he served as executive chairman. About dan dan joined nucor corporation in november 1982 as plant metallurgist and manager of quality control for nucor steel in plymouth, utah.
Remember where you came from hasnt moved from the bookshelf. Nucor grating is a manufacturer of bar grating products. Nue announced today that management will participate in the 2020 global metals, mining and steel conference hosted by bank of america securities to be held may 1214, 2020. See if increased steel demand could make you industrialsized profits when jim cramer sits down with nucor s ceo. Mar 03, 2015 not so, says dan dimicco, chairman and former ceo of nucor, americas largest steel company. Dan dimicco, former nucor ceo, says president trumps trade message to the world is the u. And approximately three million tons of that output is created at nucor steel berkeley, the companys largest plant, explained vice president and general manager giff daughtridge at the daniel island speaker series event on april 4. He has emerged as a national leader in the movement to create a comprehensive agenda to restore strength and growth to american manufacturing.
Dan dimiccos phone number, email, address, public records. Former nucor ceo talks trump, trade and drinking the kool. Trumps traderelated transition is being led by senior trade adviser and former nucor ceo dan dimicco. Under dan s leadership, nucor delivered dramatic growth in profits and shareholder returns.
Nov 26, 20 nucor chairman dan dimicco, is retiring at the end of the year. Dimicco served as nucors ceo longer than anyone since company founder, ken iverson. Not so, says dan dimicco, chairman and former ceo of nucor, americas largest steel company. Mar 09, 2017 the hard thing about hard things while much of the advice is aimed squarely at founder ceos, theres plenty of value for nonfounder ceos and leaders, with much of it about managing the mental and emotional challenges that come with the responsibility of running a company of any size. Mar 24, 2017 that nucor which dan dimicco used to be the ceo of. Daniel r dimicco has been ceo of nucor for 12 years. Former nucor ceo went out with record 2019 compensation. In march 1991, dan became general manager of the nucor yamato joint venture in blytheville, arkansas and became vice president in january 1992. Ceo, dan dimicco operates the firm with a minimum of staff. Former nucor ceo and chairman emeritus dan dimicco, an outspoken supporter of u. Dimicco was nucor s ceo from 2000 to 2012, when allegations were made regarding hostile work conditions, along with denials of promotions based on race, at the huger, s.