Chad Utermark, a Nucor Executive VP, Set to Retire in June 2025

Farewell to a Leader: Chad Utermark's Legacy at Nucor

Chad Utermark, the Executive Vice President of New Markets and Innovation at Nucor Corporation, has declared his intention to retire effective June 7, 2025. This marks a significant turn in the company's leadership as Utermark concludes an impressive career that began in 1992. Initially, he took on the role of a utility operator at Nucor Steel Arkansas, where he swiftly demonstrated his operational skills and leadership potential.

Throughout his extensive career spanning over three decades, Utermark has held numerous pivotal roles within Nucor. His journey includes critical positions such as Hot Mill Manager at Nucor Steel Arkansas and Roll Mill Manager at Nucor Steel Texas. His skills and leadership led to him being appointed Vice President and General Manager of both Nucor Steel Texas and Nucor-Yamato Steel Company before advancing to his current position as Executive Vice President in 2014.

Leon Topalian, Nucor's Chair, President, and CEO, expressed gratitude for Utermark's dedication and contributions, noting the immense impact he has had on the company and its culture. "Chad's unwavering commitment to Nucor's principles and his genuine concern for his colleagues have positively influenced the lives of countless team members, customers, and communities."

Utermark's leadership paved the way for significant strategic initiatives, particularly in recent years when he spearheaded the company's Expand Beyond vision. This ambitious strategy led to vital acquisitions that fostered the growth of several new business units within Nucor, including Nucor Data Systems, Nucor Door Technologies, Nucor Insulated Panel Group LLC, Nucor Towers Structures Inc., and Nucor Warehouse Systems Inc. Each of these ventures has strengthened Nucor's market position and expanded its product offerings.

As he prepares for retirement, Utermark leaves behind a strong legacy characterized by his team-player mentality and embodiment of Nucor's corporate culture. His work ethic and leadership style will undoubtedly continue influencing Nucor's operational dynamics and strategic direction long after his departure.

Looking ahead, Utermark is set to enjoy a well-deserved retirement alongside his wife Tamisha and their family. Nucor’s commitment to nurturing a robust corporate culture and its focus on continuous improvement will surely carry his ideals forward.

Nucor Corporation itself is a leading manufacturer in the steel industry with a diverse product portfolio. Operating various facilities in the United States, Canada, and Mexico, their offerings include a range of steel products such as carbon and alloy steel in bars, beams, sheets, and plates, as well as a variety of metal components and structures. This commitment to innovation and quality is part of what Utermark has fostered during his tenure.

In conclusion, Chad Utermark's decision to retire introduces a new chapter for both him and Nucor Corporation. His dedication over the years has laid a strong foundation for future leaders at Nucor and ensured the company's continued evolution in the steel market. As Nucor moves forward, the company will strive to build upon the solid framework he established, continuing to thrive in a challenging industry while remaining true to its core values.