Nucor Corporation Elevates Jack Sullivan as CFO and Executive Vice President

In a significant leadership transition, Nucor Corporation has announced the elevation of Jack Sullivan to the position of Chief Financial Officer (CFO), Treasurer, and Executive Vice President. Effective March 1, 2026, Sullivan will take over the CFO role from Steve Laxton, who has been appointed President and Chief Operating Officer of the company earlier this year.

Sullivan's journey with Nucor began in 2022 when he joined as the General Manager of Investor Relations. He demonstrated exceptional capabilities that soon led to his promotion to his current role as Vice President, Treasurer, and General Manager of Investor Relations in 2025. With a career spanning over two decades in finance and corporate management, Sullivan brings invaluable experience to his new role at Nucor.

Before his tenure at Nucor, Sullivan served at Duke Energy for 13 years, where he undertook various essential roles that honed his skills in treasury operations, corporate development, and investor relations. His foundation in finance was further solidified during a nine-year span in corporate and investment banking with Bank of America. Sullivan earned his Bachelor of Arts degree from the University of North Carolina at Chapel Hill and holds an MBA from Wake Forest University.

Leon Topalian, Chairman and Chief Executive Officer of Nucor, expressed confidence in Sullivan’s capabilities, stating, "Jack will be a great addition to the executive leadership team. He is an accomplished leader whose strong financial acumen and strategic insight position him well to advance Nucor's mission of creating sustainable long‑term value for our shareholders, customers, teammates, and the communities we serve." Topalian also acknowledged the leadership of Steve Laxton, noting his contributions during this transitional period.

As North America's largest recycler, Nucor Corporation and its affiliates are at the forefront of steel manufacturing, with operations across the United States, Canada, and Mexico. The company offers a wide range of steel products including carbon and alloy steel in various forms such as bars, beams, sheets, and plates. Additionally, Nucor is involved in metal recycling and trading, showcasing its commitment to sustainability.

The promotion of Sullivan marks a pivotal moment for Nucor as it aims to continue its growth and maintain its leadership position in the steel industry. Stakeholders await the strategic direction that Sullivan will bring in his new role, especially with the increasing emphasis on environmental responsibility and sustainability in manufacturing.

In summary, Jack Sullivan's promotion to CFO and Executive VP is not just a personal milestone but a strategic move for Nucor as it reshapes its leadership team to navigate the challenges and opportunities ahead in the dynamic steel market. His extensive background and proven track record provide a solid foundation as Nucor looks toward a promising future.

Topics General Business)

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