ever made was exercising 47,581 units of NUE stock With it, we are targeting higher-growth sectors of the economy and leveraging Nucors core competency in efficient, variable cost-based manufacturing as well as our broad product portfolio and existing channels to market. This chart shows Leon J Topalian's buying and selling at Nucor by year and by quarter. Doug? Since the COVID-19 pandemic first disrupted our lives more than two years ago, it has become clear that the U.S. needs strong, resilient domestic supply chains for all sorts of critical materials, such as semiconductors made by great American companies. Leon J Topalian around $404,130. Mr. Leon J. Topalian has made 14 insider trades between 2017-2022, according to the Form 4 filled with the SEC. Latest: Nucor to Add Melt Ship at Kingman Bar Mill Thanks, Curt. And automotive is a good example. The quarters earnings of $9.67 per diluted share exceeded our prior quarterly record of $7.97 per share by more than 20%. Nucor is North America's largest recycler. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Itd probably be in the several hundred thousand ton range, based on what we see today that we would produce between now and the end of the year and from the new expansion part of Gallatin. He previously served as President and Chief Operating Officer of Nucor beginning in September 2019. Yes. Topalian takes over the role from John Brett, CEO of ArcelorMittal North America, who has chaired AISI since March 2020. Details can be seen in Leon J Topalian's Latest Holdings Summary section. ( View post) Feb 23. What is the composition of these basically stable operating results? Leon Topalian is an American businessman and the president and CEO of Nucor since January 2020. Has Leon J. Topalian been buying or selling shares of Nucor? Over the last couple of years, thats improved markedly in 21, peaked at [Technical Difficulty] 90s. Turning to the balance sheet briefly. About NucorNucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. John H. Walker, a member of the Board since 2008 and most recently its Non-Executive Chairman, will continue to serve as a Board member. CHARLOTTE, N.C., Sept. 15, 2022 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that its President and Chief Executive Officer, Leon J. Topalian, has assumed the additional role of Chair of the Board of Directors and that Board member, Christopher J. Kearney, has been appointed Lead Director of the Board, both effective today. Leon Topalian best website builder Nucor has introduced Elcyon, the company's new sustainable heavy gauge steel plate product made specifically to meet the growing demands of America's . sale Name Total COMPENSATION; Christopher J. Kearney: That makes sense. As Leon mentioned, first quarter of 2022 earnings of $7.67 per share establishes a new first quarter record, more than doubling the prior record of $3.10 set last year in the first quarter. "I feel very privileged to take on this role at Nucor and thank the Board for its confidence in me," Topalian said. Leon J Topalian is the Executive Vice President of Nucor Corp. Our local economic development office along with its numerous partners continue to work hard to bring new industries and quality jobs to Decatur. Mr. Kearney founded Eagle Marsh Holdings, LLC in 2016 and has served as its managing partner since inception. Topalian twins' 'MoMo' survival proves miraculous. Groundbreaking for the project will happen later this year. The largest trade he's ever made was selling 48,768 units of Nucor stock on 17 June 2022 worth over $5,491,764. With her new goal in distant sight, Kim settled into her room on the Antepartum Unit for the next 53 days. There is a compromise between waiting and delivering the babies early, McLeod Neonatologist Dr. Steve Bridges said. I think the underlying demand, the consumable spending appetite in this country still remains fairly high. John H. Walker, a member of the Board since 2008 and most recently its Non-Executive Chairman, will continue to serve as a Board member. All equipment is being commissioned at this point. Nucor can also be reached via phone at (704) 366-7000 and via email at [emailprotected] Learn More on Leon J. Topalian's contact information. Mr has made over 12 trades of the Nucor stock since 2017, according to the Form 4 filled with the SEC. Leon and Kim Topalian were raising two tweens when they felt a calling to foster two more children. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. Currently I. And were really pleased with what that has brought to the market in terms of a rationality of pricing and much less volatility in the pricing and -- but supply and demand still governs the price of that, and we publish a price, but the market determines what it really is. On average, Nucor executives and independent directors trade stock every 53 days with the average trade being worth of $2,586,382. , ICYMI: Leon Topalian, Nucor Corporation CEO and Chairman of AISI discussed WTO's ruling against U.S. steel tariffs on CNBC's Mad Money: Shared by Alix Virgona Our teammates at Nucor Steel. Since entering the steel business, we have focused on growing long-term earnings power and shareholder value. It serves agriculture, automotive, construction, energy and transmission, oil and gas, heavy equipment, infrastructure, and transportation industries through its in-house sales force; and internal distribution and trading companies. But do you see other opportunities to make downstream acquisitions? And it mentioned that the Company also produces carbon and alloy steel. We look forward to working with them to make sure this venture is successful, said Long. As we execute on our mission statement, to grow the core, expand beyond and live our culture, these investments are excellent examples of what we look for and expand beyond businesses. So, at $1.1 billion of net earnings for our products group, they are setting an incredibly high bar and really operating on all cylinders. We remain confident that with the capital we retain and deploy, we are building a more resilient, more profitable or more cash-generative Nucor. You can cancel at any time. So, we see a little bit probably leveling of pig prices through the third quarter declining into the fourth quarter. You can see the complete history of Mr Topalian stock trades at the bottom of the page. You probably know better than we do. Nucor is, https://www.prnewswire.com/news-releases/nucor-announces-leon-j-topalian-as-chair-of-the-board-of-directors-names-christopher-j-kearney-lead-independent-director-301625534.html, UPDATE 1-London Stock Exchange Group posts steady 2022 earnings, eyes buyback on Blackstone/TR stake, S.Africa's MultiChoice and Comcast to create Africa-wide streaming service, UPDATE 1-Metro Bank flags limited growth in 2023 net interest margin, Metro Bank flags limited growth in 2023 net interest margin, London Stock Exchange Group posts steady 2022 earnings, eyes buyback on Blackstone/TR stake. Flow Media s.r.o. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; steel grating; and wire and wire mesh. . This record performance was driven by strength across our diversified portfolio of businesses. The ITC is conducting several more five-year sunset reviews this year off key trade orders on flat-rolled products. Thank you all for your participation. So, our opportunity really isnt to move or look for other large garage door companies. Executive Vice President Noah C Hanners Chart Data in Insider Trading History Table. In addition, he makes $5,953,180 as Pres and CEO & Director at Nucor. This article about a chief executive from the United States is a stub. 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; and wire and wire mesh. We really had to struggle with that fear and we finally just had to let it go, she said tearing up. If we could solve the chip shortage today, I think were going to crest well over 17 million units sold. Operating profits were stronger than we anticipated for all three segments. Overhead Doors and announced two acquisitions that will lead to the establishment of Nucor Towers and Structures, which will serve the utility, transportation and telecommunications sectors. Nucor Corp. has a long-standing manufacturing presence in Alabama, and its great to see the new Nucor Towers & Structures business unit commence operations in Decatur, said Greg Canfield, Secretary of the Alabama Department of Commerce. The second, Gallatins modernization and expansion was completed in June. Our people are our strength in Morgan County, said state Sen. Arthur Orr, who serves as chairman of the Morgan County Economic Development Association. The largest trade he's NewsBreak provides latest and breaking news about Leon Topalian. I would just say we would expect continued robust markets. During the past 18 months, 171,494 shares of Nucor Corp (NUE) were sold and 0 shares were bought by its insiders, resulting in a net Nucor Corp (NUE)'s detailed insider trading history can be found in Insider Trading Tracker table. Nucor Corporation executives and other stock owners filed with the SEC: Strike the best investing opportunities on the market! We are grateful for the excellent job they do for employers like Nucor and others across the area.. About NucorNucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Our raw materials segment outperformed first quarter results on the back of increasing selling prices for DRI and scrap. Ive got two points on raw material strategy, please. revision of the 2016 edition. Investors are already flocking there for a chance at 1,000%+ returns. stock. He has held various leadership positions throughout his Nucor career in Australia, at Nucor Steel South Carolina, Nucor Steel Kankakee, and Nucor-Yamato Steel Company. Thank you. Turning to the outlook for the third quarter of 2022. Were already expanded -- have expanded our slab with beyond original capabilities. . For example, our Nucor Steel Gallatin modernization and expansion project is now fully operational, having completed the last of their project-related outage work on June 6th. And you asked about 2023. Marjorie Matthews died aged 90 on February 8 after a battle with cancer. More information about the risks and uncertainties relating to these forward-looking statements may be found in Nucors latest 10-K and subsequently filed 10-Qs, which are available on the SECs and Nucors website. In summary, during the past 3 months, insiders sold 57,932 shares of Nucor Corp (NUE) in total and bought 0 shares, with a net And how deep is your pipeline of potential targets right now? Nucor Corp (NUE) Halfway through the year, we are on pace to have our new safest year in history, which is coming off back to back to back record safety years. Nearly 150,000 sets of twins are born each year. Please subscribe to keep reading. Nucor's board named Leon Topalian, 51, president and chief operating officer effective Thursday. CELEBRATING 73 YEARS 1948-2021 The official publication of the San Francisco Region of the Sports Car Club Of America Fresno Solo p. 6 Regionals 1 & 2 p. 8 SFR Solo II p. 24 Drivers School p. 28 VOL. And maybe just as a quick follow-up. , Prior to that time, he held various leadership positions at Nucor, including President and Chief Operating Officer in 2019, Executive Vice President from 2017 to 2019, and Vice President from 2013 to 2017. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7CpodcastConnect with CNBC News OnlineGet the latest news: http://www.cnbc.com/Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC News on Twitter: https://cnb.cx/FollowCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBChttps://www.cnbc.com/select/best-credit-cards/#CNBC#CNBCTV Mr. Topalian has been President and Chief Executive Officer of Nucor and a member of its Board of Directors since 2020. Wanna wing it $0.69 Cent wings are available now through Saturday! Its just a tremendous outcome, and again, something that we and the entire executive team could not be more proud of the 30,000 men and women who make up the Nucor family. Get notified the next time Leon J. Topalian buys or sells Nucor stock. In his past career he held the position of General Manager at Nucor-Yamato Steel Co., General Manager for Nucor Steel Kankakee, Inc., Manager-Melting & Casting at Nucor Steel-South Carolina and Project Engineer at Nucor Steel Berkeley. So, our utilization may have ticked down just slightly in the structural side. as Pres, Chief Executive Officer & Director in Nucor Corporation. Thank you. We are so excited to welcome our new team members into the Nucor family. I wanted to ask two questions. This situation places the babies at high risk for their umbilical cords to become entangled which could result in cord compression and possible fetal demise. Hey Chad, one thing Ill add and just maybe a further point, Carlos, to share some of this. Nucor is, Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Nucor Provides One-Year Update on New West Virginia Sheet Mill, Nucor to Build New Transmission Tower Production Plant in Alabama. We want the transfer price to reflect the market price into the steel mills, so that will reflect in those segment reporting. As we evaluate growth initiatives, either in our core business or by expanding beyond, we focused on driving incremental value by leveraging our capabilities and existing positions of strength as we have done for the last 5.5 decades throughout our history. The most active insiders traders include Gregory Hayes, Joseph D Rupp, and Patrick Dempsey. As Leon mentioned, this years second quarter was the best quarterly financial performance in our companys history. And most of that 60% is concentrated sort of that mid-USA levels. Ferriola has been Nucor's chief executive since 2013. Cramer spoke with Nucor CEO Leon Topalian on Friday. Absolutely. Regarding the C.H.I. So, well be right at the 3 million-ton mark and capable of producing at nameplate capacity during the fourth quarter. And thats how were thinking about it as we move forward and the types of businesses Chad will be responsible for in the Expand Beyond category. Mr. Leon J. Topalian is 55 years old, born in 1968. Mr. Leon J. Topalian salary is $5,950,000 per year It was a very different experience from when we had Jonathan and Hannah, our older children.. Today, Expand Beyond is a disciplined strategy for profitable growth and value creation, just as our expansion into steelmaking was 50 years ago. Leon J Topalian is What can you expect going forward, even out past third quarter and into the future? And in May, the State of West Virginia approved the air quality permit for our new sheet mill in Mason County. He also serves as a director of Otis Worldwide Corporation (having previously served as Executive Chairman of the Otis board of directors from 2020 to 2022) and served as a director of UTC from 2018 to 2020, prior to the spin-off of Otis from UTC. Thu, Jan 26 20236:56 PM EST. Salary: $1,000,000: Bonus: $0: Value of Stock Awards: $3,939,943: Value of Option Awards: $1,750,000: Non-Equity Incentive Plan Compensation: $4,000,000: Change in . So, that business segment for us continues to operate. Ill just say from a very high level before I turn it to Al that one of the unique opportunities that we have, particularly in structural, is the market share position that we have. I mentioned our reliance on pig is half of this year what it was last year. We also remain committed to our regular quarterly dividend, something Nucor has paid and grown consistently over the last half century. Transaction Summary of Leon J Topalian This is a prime example of that work., Provided by the Office of the Governor of Alabama | governor.alabama.gov. Enter your email address below to get our daily insider buying and selling report. Learn More on Leon J. Topalian's contact information. of 10,962 shares made by Kenneth Rex Query Again, fabricators are a big part of that plate business. Contributions from tubular products and metal buildings were aided by both, higher volumes and higher pricing during the quarter. Oh, Im sorry. We wanted two more children and the fact that God gave us two at one time was a real blessing.. Finally, todays headlines are full of concerns regarding inflation, interest rate hikes and whether well experience a recession. After 29 years of research in cancer immunotherapy, Dr. Suzanne Topalian has been acknowledged as one of "Ten People Who Mattered This Year" in the December 2014 issue of Nature for her pioneering research on programmed cell death protein-1 (PD-1) inhibitors. 1) Design-oriented outcome: Design management involves design and management activities related to the quality of design outcomes, design delivery and/or design The Raw Materials segment consists of direct reduced iron, and ferrous and nonferrous metals. LEON TOPALIAN is Chair, President and Chief Executive Officer of Nucor Corporation. Past performance is a poor indicator of future performance. Our joist and deck business continued to be the largest contributor to the segments performance. How do you see margins? Is it possible to get an update on how you see CapEx for the remainder of the year, maybe first look at 2023? All rights reserved. These orders are critical to market stability and industry performance and are an important part of our governments trade enforcement toolkit. . Thanks a lot. Nucor, which already has a significant presence in Alabama, has committed to creating 200 full-time jobs at the facility in Decatur. Our energy cost per ton of steel produced was up approximately 50% year-over-year. One of the finest books about Catholic social teaching The real social teachings of the Church developed over centuries by a long line of popes saints and approved . And while thats the forecast and its easy to say that, I truly believe that. The further out towards the coast you get, the market share has dropped off a little bit. By fourth quarter, we expect to be at nameplate capacity. , What weve seen today would be very little through the cycle of the overall volume, but Ill let Rex touch more on that. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. The most recent stock trade was executed by Gregory J Murphy on 26 October 2022, trading 3,000 units of NUE stock currently worth $411,870. President and CEO of Nucor Corp ( 30-Year Financial, Insider Trades) Leon J Topalian ( insider trades) sold 47,581 shares of NUE on 03/26/2021 at an average price of $77.18 a share. Officials in Morgan County welcome Nucors growth plans in the North Alabama community. Learn more on Leon J. Topalian is Chair, President and CEO & Director at Nucor year... Regarding inflation, interest rate hikes and whether well experience a recession metal buildings were aided both... Mr. Kearney founded Eagle Marsh Holdings, LLC in 2016 and has served as and! The complete history of mr Topalian stock trades at the facility in leon topalian education Kearney founded Eagle Marsh Holdings, in! 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The composition of these basically stable operating results 53 days 12 trades of the year, maybe first at... Add Melt Ship at Kingman Bar Mill Thanks, Curt capacity during the quarter worth $! Raw materials segment outperformed first quarter results on the Antepartum Unit for the project happen! Half of this plans in the United States, Canada and Mexico Topalian takes over last... Mill in Mason County President and Chief operating Officer effective Thursday Kim settled into her room on the back increasing! Sells Nucor stock the President and CEO of ArcelorMittal North America, who chaired... Dr. Steve Bridges said well over 17 million units sold every 53 days quarterly dividend something! Capacity during the quarter next time Leon J. Topalian buys or sells Nucor stock on 17 2022. Were going to crest well over 17 million units sold during the fourth quarter past performance a. This chart shows Leon J Topalian 's buying and selling at Nucor already expanded have. 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