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    February 23, 2022

    Nucor Names New CFO as Frias Retires

    Written by David Schollaert

    Jim Frias, Nucor’s long-time Chief Financial Officer, will retire on June 11. Steve Laxton, Nucor’s Vice President of Business Development and Strategic Planning, has been named to succeed him. The two will work together for the next few months on a seamless transition of the CFO responsibilities.

    NucorFrias joined Nucor in 1991 as controller of Nucor Building Systems-Indiana. Over the years, he took on roles with increasing levels of responsibility. He was promoted to Vice President in 2006 and has served as Chief Financial Officer, Treasurer and Executive Vice President since January 2010.

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

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