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Nucor Executive Vice President Chad Utermark to Retire

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Nucor (NYSE: NUE) announced that Chad Utermark, Executive Vice President of New Markets and Innovation, will retire effective June 7, 2025. Utermark's 33-year career at Nucor began in 1992 as a utility operator, progressing through various leadership positions before his promotion to Executive Vice President in 2014.

During his tenure, Utermark played a important role in implementing Nucor's Expand Beyond vision, leading strategic acquisitions that established several key divisions including Nucor Data Systems, Door Technologies, Insulated Panel Group, Towers & Structures, and Warehouse Systems. The company, recognized as North America's largest recycler, operates facilities across the United States, Canada, and Mexico, manufacturing a diverse range of steel and steel products.

Nucor (NYSE: NUE) ha annunciato che Chad Utermark, Vicepresidente Esecutivo dei Nuovi Mercati e Innovazione, si ritirerà con effetto dal 7 giugno 2025. La carriera di Utermark in Nucor è iniziata nel 1992 come operatore di utility, progredendo attraverso varie posizioni di leadership prima della sua promozione a Vicepresidente Esecutivo nel 2014.

Durante il suo mandato, Utermark ha svolto un ruolo importante nell'implementazione della visione Expand Beyond di Nucor, guidando acquisizioni strategiche che hanno portato alla creazione di diverse divisioni chiave, tra cui Nucor Data Systems, Door Technologies, Insulated Panel Group, Towers & Structures e Warehouse Systems. L'azienda, riconosciuta come il più grande riciclatore del Nord America, gestisce strutture negli Stati Uniti, in Canada e in Messico, producendo una vasta gamma di acciaio e prodotti in acciaio.

Nucor (NYSE: NUE) anunció que Chad Utermark, Vicepresidente Ejecutivo de Nuevos Mercados e Innovación, se retirará a partir del 7 de junio de 2025. La carrera de Utermark en Nucor comenzó en 1992 como operador de servicios públicos, avanzando a través de varias posiciones de liderazgo antes de su promoción a Vicepresidente Ejecutivo en 2014.

Durante su mandato, Utermark desempeñó un papel importante en la implementación de la visión Expand Beyond de Nucor, liderando adquisiciones estratégicas que establecieron varias divisiones clave, incluidas Nucor Data Systems, Door Technologies, Insulated Panel Group, Towers & Structures y Warehouse Systems. La compañía, reconocida como el mayor reciclador de América del Norte, opera instalaciones en los Estados Unidos, Canadá y México, fabricando una amplia gama de acero y productos de acero.

Nucor (NYSE: NUE)는 Chad Utermark, 신시장 및 혁신의 부사장이 2025년 6월 7일부로 은퇴한다고 발표했습니다. Utermark의 Nucor에서의 33년 경력은 1992년 유틸리티 운영자로 시작되어 여러 리더십 직책을 거쳐 2014년에 부사장으로 승진했습니다.

그의 재임 기간 동안 Utermark는 Nucor의 Expand Beyond 비전을 구현하는 데 중요한 역할을 했으며, Nucor Data Systems, Door Technologies, Insulated Panel Group, Towers & Structures 및 Warehouse Systems를 포함한 여러 주요 부서를 설립하는 전략적 인수에 주도적 역할을 했습니다. 북미 최대 재활용업체로 인정받는 이 회사는 미국, 캐나다 및 멕시코 전역에서 시설을 운영하며 다양한 철강 및 철강 제품을 제조합니다.

Nucor (NYSE: NUE) a annoncé que Chad Utermark, Vice-Président Exécutif des Nouveaux Marchés et de l'Innovation, prendra sa retraite à compter du 7 juin 2025. La carrière de Utermark chez Nucor a commencé en 1992 en tant qu'opérateur de services publics, progressant à travers divers postes de direction avant sa promotion au poste de Vice-Président Exécutif en 2014.

Au cours de son mandat, Utermark a joué un rôle important dans la mise en œuvre de la vision Expand Beyond de Nucor, dirigeant des acquisitions stratégiques qui ont établi plusieurs divisions clés, notamment Nucor Data Systems, Door Technologies, Insulated Panel Group, Towers & Structures et Warehouse Systems. L'entreprise, reconnue comme le plus grand recycleur d'Amérique du Nord, exploite des installations aux États-Unis, au Canada et au Mexique, fabriquant une large gamme d'acier et de produits en acier.

Nucor (NYSE: NUE) gab bekannt, dass Chad Utermark, Executive Vice President für Neue Märkte und Innovation, zum 7. Juni 2025 in den Ruhestand gehen wird. Utermarks 33-jährige Karriere bei Nucor begann 1992 als Versorgungsoperator und entwickelte sich über verschiedene Führungspositionen bis zu seiner Ernennung zum Executive Vice President im Jahr 2014.

Während seiner Amtszeit spielte Utermark eine wichtige Rolle bei der Umsetzung von Nucors Expand Beyond-Vision und leitete strategische Akquisitionen, die mehrere Schlüsseldivisionen wie Nucor Data Systems, Door Technologies, Insulated Panel Group, Towers & Structures und Warehouse Systems etablierten. Das Unternehmen, das als Nordamerikas größter Recycler anerkannt ist, betreibt Einrichtungen in den Vereinigten Staaten, Kanada und Mexiko und produziert eine Vielzahl von Stahl und Stahlprodukten.

Positive
  • Strategic expansion through multiple successful acquisitions under Utermark's leadership
  • Demonstrated strong succession planning with internal career progression
  • Diversified product portfolio across multiple steel segments
Negative
  • Loss of experienced executive leadership in innovation and new markets division

CHARLOTTE, N.C., April 4, 2025 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that Chad Utermark, Executive Vice President of New Markets and Innovation, plans to retire effective June 7, 2025.

Mr. Utermark began his Nucor career in 1992 as a utility operator at Nucor Steel Arkansas and has worked in various positions and businesses, including as Hot Mill Manager at Nucor Steel Arkansas; Roll Mill Manager at Nucor Steel Texas; Vice President and General Manager of Nucor Steel Texas and Vice President and General Manager of Nucor-Yamato Steel Company. He was promoted to Executive Vice President in 2014.

Leon Topalian, Nucor's Chair, President and Chief Executive Officer commented, "On behalf of the entire Nucor team, I wish to thank Chad for his dedication and leadership over the last three decades. Chad's unwavering commitment to Nucor's culture and his genuine care for others has impacted the lives of thousands of Nucor team members, customers and communities. In recent years, he brought our Expand Beyond vision to life, leading acquisitions that established our Nucor Data Systems, Nucor Door Technologies, Nucor Insulated Panel Group LLC, Nucor Towers & Structures Inc. and Nucor Warehouse Systems Inc. businesses. He leaves behind an incredible foundation for Nucor's future, but also a lasting legacy as a consummate team player and a living example of our culture. I wish him, his wife Tamisha and their family a long and happy retirement."

About Nucor

Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel — in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.

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SOURCE Nucor Corporation

FAQ

When is Nucor EVP Chad Utermark retiring and who will replace him?

Chad Utermark will retire as Nucor's EVP of New Markets and Innovation on June 7, 2025. No successor has been announced in the press release.

What major acquisitions did Chad Utermark lead at Nucor (NUE)?

Utermark led acquisitions establishing Nucor Data Systems, Door Technologies, Insulated Panel Group, Towers & Structures, and Warehouse Systems as part of the company's Expand Beyond vision.

How long did Chad Utermark work at Nucor (NUE)?

Chad Utermark worked at Nucor for 33 years, starting in 1992 as a utility operator and progressing to Executive Vice President in 2014.

What are Nucor's (NUE) main products and operations?

Nucor manufactures steel products including bars, beams, sheet, plate, tubing, electrical conduit, racking, piling, joists, and metal building systems across facilities in the US, Canada, and Mexico.
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