Nucor appoints Stephen D. Laxton as CFO; base salary set at $550,000

NUCOR CORP

Executive Employment Agreement signed March 4, 2022, effective March 6, 2022, for CFO role.
Base salary increased to $550,000 per year from prior position.
Non-compete benefit: 1 month base salary per year of service (min 6 months), paid in 24 monthly installments post-termination.
Change-in-control non-compete benefit: lump sum equal to 2.5x (base + avg performance award) plus forfeitable equity value.
Agreement includes non-competition, non-solicitation, and confidentiality covenants.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Stephen D. Laxton

Chief Financial Officer, Treasurer and Executive Vice President

NUE · NUCOR CORP

Effective: 2022-03-06
Filed: March 4, 2022, 6:59 PM ET

Stephen D. Laxton as Chief Financial Officer, Treasurer and Executive Vice President of the Company, effective March 6, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Stephen D. Laxton changed role as Chief Financial Officer, Treasurer and Executive Vice President at NUCOR CORP.

Action: promoted
Role: Chief Financial Officer, Treasurer and Executive Vice President

Exact text from the filing

Stephen D. Laxton as Chief Financial Officer, Treasurer and Executive Vice President of the Company, effective March 6, 2022.

View on SEC.gov

NUCOR CORP filing history →

Source: SEC EDGAR

accession 0001193125-22-066230

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.