(Nucor, 13.May.2022) — Nucor Corporation (NYSE: NUE) announced that MaryEmily Slate, Executive Vice President of Commercial, plans to retire due to health issues on 11 June 2022 after more than 21 years of service with Nucor.
Ms. Slate began her career with Nucor in 2000 as District Sales Manager at Nucor Steel Arkansas. She later served as Sales Manager at Nucor Steel Decatur, LLC and then as Cold Mill Manager. In 2010, Ms. Slate was promoted to General Manager of Nucor Steel Auburn, Inc. and was elected Vice President in 2012. She was promoted to Vice President of Nucor Steel Arkansas in 2015 and to Executive Vice President in 2019.
Leon Topalian, Nucor’s President and CEO, commented, “For more than 21 years, MaryEmily’s dedication, exceptional leadership and commitment to excellence have contributed greatly to the growth and profitability of Nucor. More importantly, her passion for encouraging and developing teammates will be one of her lasting legacies. On behalf of the Board of Directors and all Nucor teammates, I want to extend our deep appreciation to MaryEmily for her leadership and commitment to making Nucor a better company. We wish the very best for MaryEmily and her family.”
Nucor also announced the following additional executive-level changes:
Effective May 15, 2022, Dan Needham, Nucor’s Executive Vice President of Bar, Engineered Bar and Rebar Fabrication Products, will become Executive Vice President of Commercial. In his new role, Mr. Needham will focus on Nucor’s comprehensive enterprise commercial strategy.
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. Mr. Needham 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 February 2021.
Also effective May 15, 2022, John Hollatz will be promoted to Executive Vice President of Bar, Engineered Bar and Rebar Fabrication Products. Mr. Hollatz began his career with Nucor in 1999 as Design Engineer at Vulcraft Indiana and then served as Sales Engineer and Sales Manager at Vulcraft Nebraska. Mr. Hollatz later served as General Manager of Nucor Building Systems South Carolina, General Manager of Vulcraft Indiana and President of the Vulcraft/Verco Group. He was promoted to Vice President in 2016 and currently serves as Vice President and General Manager of Nucor Steel Decatur, LLC.
Chad Utermark, Nucor’s Executive Vice President of Fabricated Construction Products, has been appointed to the newly created position of Executive Vice President of New Markets and Innovation effective 15 May 2022. In his new role, Mr. Utermark will focus on Nucor’s continued growth into new markets and the integration of new businesses into the core operations of the Company.
Mr. Utermark began his career as a utility operator at Nucor Steel Arkansas in 1992, subsequently serving as shift supervisor and Hot Mill Manager at that division and then Roll Mill Manager at Nucor Steel Texas. He later served as General Manager of Nucor Steel Texas and Nucor-Yamato Steel Company. He was promoted to Vice President in 2009 and to Executive Vice President in 2014.
Mr. Utermark’s successor will be named at a later date.
“I am very pleased to announce these executive management team changes,” said Mr. Topalian. “John is a talented leader who will be a strong addition to our executive team. These changes, including the addition of Chad’s new role, will enable our team to focus on the significant strategic investments we have made and will continue to make into new markets while also continuing to grow our core steelmaking business.”