Nucor finalizes employment agreement with new CFO Jack Sullivan; base salary $680,000

NUCOR CORP

Base salary of $680,000/year effective March 1, 2026; prior role was VP & Treasurer.
Non-compete benefit: one month base salary per year of service (min 6 months), paid in 24 monthly installments.
Change-in-control non-compete: lump sum equal to 2.5x base amount plus equity value, plus 30 months insurance.
Restrictive covenants extend 24-42 months post-termination depending on age; Restricted Territory includes Western Europe, Americas.
Supersedes prior Dec 20, 2024 agreement; promotion conditioned on executing this agreement.

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