10 Things You Didn’t Know about Nucor CEO John Ferriola

The President and CEO of Nucor is John Ferriola. The high ranking executive is well-known for his business savvy and his ability to successfully lead a large corporation and achieve growth. Much of Mr. Ferriola’s financial information and his business achievements are made transparent to the public, but there are things that most people who are not closely associated with him are unaware of. We find people who have made significant contributions to and achievements in business fascinating. Most have some unique stories, although they usually keep their personal lives private. John is one of those private individuals who keeps work and home life separate, but we discovered ten things about him that you probably didn’t know.

1. He has a bachelors degree

John attended the Maritime Academy of the State University of New York. While at college, he studied in the Electrical Engineering program. He graduated from the University and received his bachelor’s degree.

2. He belongs to an elite class of highly-talented executives

We’re seeing a trend in high-powered CEOs of major companies in that many of them do not go beyond their bachelor’s degree. While it used to be that a Masters or above was preferred, John fits into the category of talented professionals who had proven his abilities without the need for further academic studies. You might say that he’s a very savvy road warrior with some keen natural abilities.

3. He didn’t start out at the top with Nucor

John J. Ferriola has been with Nucor Corporation since 1991. When he first began his career with them, it wasn’t as an executive. He actually began as a manager of the Jewett, Texas bar mill in the Maintenance and Engineering department.

4. His first promotion came within 4 years

It’s fairly remarkable that after just four years with the massive corporation, John received his first promotion. His work at the Jewett, Texas location was recognized and he was promoted to the general manager of Nucor’s joist fabrication division in Grapeland, Texas. It was not even a full year in that position, that he was promoted to the position of vice president and general manager of the Norfolk, Nebraska bar mill.

5. John climbed the ladder from management into executive positions quickly

John was moved from the Norfolk, Nebraska bar mill to the Crawfordsville, Indiana sheet mill in 1998 and was named as vice president and general manager of this division. Looking at the number of moves that John had made, we see a pattern emerging and it’s obvious that Nucor was moving him around to different divisions of the operation to give him the experience needed in all phases of the business to one day assume a higher level position within the company. It appears that they were grooming him to become one of their homegrown executives. He served in these positions until the end of 2001.

6. 2002 was the year he joined the executive team at a higher level

After serving in a variety of management positions and as president over several divisions of Nucor operations plants, John was appointed as executive vice president. Five and a half years later, in September of 2007, Ferriola was named as the chief operating officer for Nucor’s Steel Making Operations. In January of 2011, he became a member of the board of directors.

7. He was announced as chief executive officer and president in November of 2012

Nucor made the announcement to their Board of Directors near the end of 2012 that John Ferriola was to become the chief executive officer and president of the company. His new position would be effective as of January 1, 2013. It was a long journey to the top, but John, who started out as the manager of several different areas of operation had worked his way up to the top level of management and leadership within the Nucor company, a grand feat by anyone’s standards.

8. He’s on the World Steel Association Board

John is actively involved with the World Steel Association (AIAI) and is currently serving in the position of Vice Chairman. He has served on the board of the Association for Iron and Steel Technology (AIST) for more than twenty years and he’s also served on the board of directors.

9. President Trump appointed him to an executive committee

In January of 2017, President Donald J. Trump appointed John J. Ferriola to the Executive Committee of the National Association of Manufacturers. It’s not just anyone who is requested to serve on this advisory committee. This shows the confidence that important decision makers have on his talents and abilities.

10. His annual salary is in the millions

John J. Ferriola is an executive within the Nucor Corporation who receives a high annual compensation package. When we checked into the amount that the 65-year-old executive who is in his business prime is making, we were shocked. For the 2017 Fiscal year, he earned a total compensation package of $12,090,470.


Add Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Terry Booth
20 Things You Didn’t Know About Terry Booth
Fred Wilson
20 Things You Didn’t Know About Fred Wilson
joel greenblatt
20 Things You Didn’t Know about Joel Greenblatt
Katie Nixon
20 Things You Didn’t Know About Northern Trust’s Katie Nixon
Identity Theft
10 Identity Theft Techniques to Watch Out for in 2020
Bank of America
Choosing The Right Bank Account for Your Child: 5 Suggestions
Debt
The Document That Protects You Against Debt Collectors
10 Ways Millionaires Manage Their Money that You Don’t
The 20 Best Places to Live in South Dakota
The 20 Best Places to Live in Ireland
Jacksonville Beach
The 20 Best Places to Live in Jacksonville
The 20 Best Places to Live in Dallas
The 10 Best Hotels in Maui, Hawaii
The 10 Best Seafood Restaurants in Pensacola, FL
The 20 Best Things to do in Asheville, NC For First Timers
Destin Beach
The 20 Best Hotels in Destin, Florida
Best Large Hybrid SUVs
20 Best Large Hybrid SUVs for 2020
Best Cadillac CTS Models
The 10 Best Cadillac CTS Models of All-Time
2020 Chrysler Pacifica Hybrid
The 20 Best Affordable Plug-In Hybrid Cars for 2020
2020 Toyota Tundra
The 20 Best Pickup Trucks Heading into 2020
The 20 Best Bulova Watches of All-Time
The 20 Best Ball Watches of All-Time
The 20 Best Victorinox Watches of All-Time
Samsung Galaxy Watch Active
The 20 Best Samsung Watches of All-Time