Nucor Management

Management criteria checks 3/4

Nucor's CEO is Leon Topalian, appointed in Sep 2019, has a tenure of 5.17 years. total yearly compensation is $22.50M, comprised of 6.7% salary and 93.3% bonuses, including company stock and options. directly owns 0.07% of the company’s shares, worth €22.47M. The average tenure of the management team and the board of directors is 3.8 years and 4.8 years respectively.

Key information

Leon Topalian

Chief executive officer

US$22.5m

Total compensation

CEO salary percentage	6.7%
CEO tenure	5.2yrs
CEO ownership	0.07%
Management average tenure	3.8yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Leon Topalian's remuneration changed compared to Nucor's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 28 2024	n/a	n/a	US$3b
Jun 29 2024	n/a	n/a	US$3b
Mar 30 2024	n/a	n/a	US$4b
Dec 31 2023	US$23m	US$2m	US$5b
Sep 30 2023	n/a	n/a	US$5b
Jul 01 2023	n/a	n/a	US$6b
Apr 01 2023	n/a	n/a	US$7b
Dec 31 2022	US$23m	US$1m	US$8b
Oct 01 2022	n/a	n/a	US$9b
Jul 02 2022	n/a	n/a	US$9b
Apr 02 2022	n/a	n/a	US$8b
Dec 31 2021	US$12m	US$1m	US$7b
Oct 02 2021	n/a	n/a	US$5b
Jul 03 2021	n/a	n/a	US$3b
Apr 03 2021	n/a	n/a	US$2b
Dec 31 2020	US$11m	US$1m	US$717m
Oct 03 2020	n/a	n/a	US$428m
Jul 04 2020	n/a	n/a	US$508m
Apr 04 2020	n/a	n/a	US$784m
Dec 31 2019	US$5m	US$532k	US$1b

Compensation vs Market: Leon's total compensation ($USD22.50M) is above average for companies of similar size in the German market ($USD4.87M).

Compensation vs Earnings: Leon's compensation has been consistent with company performance over the past year.

CEO

Leon Topalian (56 yo)

5.2yrs

Tenure

US$22,500,626

Compensation

Mr. Leon J. Topalian has been Chairman of the Board of Directors at American Iron & Steel Institute since May 2021. Mr. Topalian has been President of Nucor Corporation since September 5, 2019 and has been...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Leon Topalian	President	5.2yrs	US$22.50m	0.070% € 22.5m
Stephen Laxton	CFO, Treasurer & Executive VP	2.7yrs	US$7.31m	0.035% € 11.2m
David Sumoski	Chief Operating Officer	3.8yrs	US$7.44m	0.097% € 31.1m
K. Query	Executive Vice President of Sheet	3.8yrs	US$7.46m	0.042% € 13.5m
Daniel Needham	Executive Vice President of Commercial	3.8yrs	US$7.53m	0.042% € 13.5m
Jack Sullivan	General Manager of Investor Relations	no data	no data	no data
Gregory Murphy	Executive Vice President of Business Services & General Counsel	9.8yrs	no data	0.036% € 11.4m
Benjamin Pickett	General Manager of Public Affairs & Government Relations	no data	no data	no data
Nicole Theophilus	Executive Vice President of Talent and Human Resources	less than a year	no data	no data
D. Utermark	Executive Vice President of New Markets & Innovation	10.8yrs	US$7.12m	0.090% € 29.0m
Allen Behr	Executive Vice President of Plate & Structural Products	4.5yrs	no data	0.036% € 11.7m
John Hollatz	Executive Vice President of Bar	2.5yrs	no data	0.041% € 13.2m

3.8yrs

Average Tenure

55.5yo

Average Age

Experienced Management: NUO's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Leon Topalian	President	4.8yrs	US$22.50m	0.070% € 22.5m
Christopher Kearney	Lead Independent Director	16.1yrs	US$355.00k	0.0026% € 821.4k
Joseph Rupp	Independent Director	4.8yrs	US$300.00k	0% € 0
Laurette Koellner	Independent Director	9.2yrs	US$325.00k	0% € 0
Patrick Dempsey	Independent Director	7.9yrs	US$312.80k	0% € 0
Michael Lamach	Independent Director	2.2yrs	US$300.00k	0.000050% € 16.0k
Nicholas Gangestad	Independent Director	1.2yrs	US$67.50k	0.00043% € 138.0k
Nadja West	Independent Director	5.2yrs	US$300.00k	0% € 0
Norma Clayton	Independent Director	3.2yrs	US$300.00k	0.0015% € 481.3k

4.8yrs

Average Tenure

63yo

Average Age

Experienced Board: NUO's board of directors are considered experienced (4.8 years average tenure).

Nucor Management

Management criteria checks 3/4

Key information

Recent management updates

Insider recently sold €745k worth of stock

President recently sold €1.7m worth of stock

Executive Vice President of Sheet recently sold €1.2m worth of stock

Executive Vice President of Commercial recently sold €1.3m worth of stock

Nucor Corporation Announces Executive Changes

Nucor Corporation Appoints Nicole B. Theophilus as Executive Vice President of Talent and Human Resources, Effective April 29, 2024

Recent updates

Insider recently sold €745k worth of stock

President recently sold €1.7m worth of stock

New minor risk - Share price stability

Investor sentiment improves as stock rises 17%

Executive Vice President of Sheet recently sold €1.2m worth of stock

Third quarter 2024 earnings released: EPS: US$1.06 (vs US$4.58 in 3Q 2023)

New major risk - Revenue and earnings growth

Nucor Corporation Provides Earnings Guidance for the Third Quarter of 2024

Nucor Corporation to Report Q3, 2024 Results on Oct 21, 2024

Second quarter dividend of US$0.54 announced

Nucor Corporation Declares the Regular Quarterly Cash Dividend, Payable on November 8, 2024

New major risk - Revenue and earnings growth

Executive Vice President of Commercial recently sold €1.3m worth of stock

New major risk - Revenue and earnings growth

Second quarter 2024 earnings released: EPS: US$2.69 (vs US$5.82 in 2Q 2023)

Nucor Corporation to Report Q2, 2024 Results on Jul 22, 2024

First quarter dividend of US$0.54 announced

Nucor Corporation Declares Regular Quarterly Cash Dividend, Payable on August 9, 2024

Nucor Corporation (NYSE:NUE) has entered into an agreement to acquire Rytec Corporation in a transaction valued at approximately $570 million.

Nucor Corporation Announces Executive Changes

Nucor Corporation Provides Earnings Guidance for the Second Quarter 2024

First quarter 2024 earnings released: EPS: US$3.48 (vs US$4.47 in 1Q 2023)

Nucor Corporation Appoints Nicole B. Theophilus as Executive Vice President of Talent and Human Resources, Effective April 29, 2024

Now 20% overvalued after recent price rise

Nucor Corporation (NYSE:NUE) acquired Southwest Data Products for $115 million.

Nucor Corporation, Annual General Meeting, May 09, 2024

Insider recently sold €1.8m worth of stock

Upcoming dividend of US$0.54 per share

Nucor Corporation to Report Q1, 2024 Results on Apr 22, 2024

Full year 2023 earnings released: EPS: US$18.05 (vs US$28.88 in FY 2022)

Fourth quarter dividend of US$0.54 announced

Nucor Corporation Declares the Regular Quarterly Cash Dividend, Payable on May 10, 2024

President recently sold €2.8m worth of stock

Full year 2023 earnings released: EPS: US$18.12 (vs US$28.88 in FY 2022)

President recently sold €2.4m worth of stock

Upcoming dividend of US$0.54 per share at 1.2% yield

Nucor Corporation to Report Q4, 2023 Results on Jan 29, 2024

New minor risk - Profit margin trend

Third quarter 2023 earnings released: EPS: US$4.59 (vs US$6.51 in 3Q 2022)

New minor risk - Profit margin trend

Upcoming dividend of US$0.51 per share at 1.3% yield

Nucor Corporation to Report Q3, 2023 Results on Oct 24, 2023

Nucor Corporation Announces the Addition of Nicholas C. Gangestad to the Its Board of Directors, Effective September 1, 2023

President recently sold €3.0m worth of stock

Second quarter 2023 earnings released: EPS: US$5.84 (vs US$9.69 in 2Q 2022)

Nucor Corporation Provides Earnings Guidance for the Third Quarter of 2023

Upcoming dividend of US$0.51 per share at 1.3% yield

Nucor Corporation to Report Q2, 2023 Results on Jul 25, 2023

Nucor Corporation Declares Regular Quarterly Cash Dividend on Nucor's Common Stock, Payable on August 11, 2023

Nucor Corporation Announces Promotion of Brad Ford to Executive Vice President

First quarter 2023 earnings released: EPS: US$4.48 (vs US$7.69 in 1Q 2022)

Upcoming dividend of US$0.51 per share at 1.4% yield

Full year 2022 earnings released: EPS: US$28.88 (vs US$23.23 in FY 2021)

Executive Vice President of Commercial recently sold €775k worth of stock

Full year 2022 earnings released: EPS: US$29.00 (vs US$23.23 in FY 2021)

Now 22% undervalued

Nucor Corporation Introduces Elcyon(Tm), First Sustainable Steel Product Engineered Specifically for Offshore Wind Energy Applications

Nucor Corporation to Report Q4, 2022 Results on Jan 26, 2023

President recently sold €380k worth of stock

Upcoming dividend of US$0.51 per share

Nucor Corporation Provides Earnings Guidance for the Fourth Quarter and Full Year Ending December 31, 2022

Nucor Announces Provides Regular Quarterly Cash Dividend, Payable on February 10, 2023

Nucor Corporation Promotes Noah Hanners to Executive Vice President, Effective January 1, 2023

Insider recently sold €333k worth of stock

Nucor Corporation Provides Earnings Guidance for the Fourth Quarter of 2022

Third quarter 2022 earnings released: EPS: US$6.54 (vs US$7.29 in 3Q 2021)

Nucor Corporation Provides Earnings Guidance for the Fourth Quarter of 2022

Upcoming dividend of US$0.50 per share

Nucor Corporation Announces New Steel Plate Mill Being Built in Brandenburg, Kentucky Has Publicly Registered to Pursue Leed v4 for Building and Design Certification