Nucor Corporation announced the passing of Dave Aycock, its former CEO and Chairman, on Saturday, June 7, at the age of 94. Aycock was a pivotal figure in Nucor's history, having joined the company in 1954 and rising to President and Chief Operating Officer in 1984.
He played a crucial role alongside Ken Iverson and Sam Siegel in transforming Nucor into a leading steelmaker, particularly by championing the recycling-based electric arc furnace (EAF) production process. This method, initiated at Nucor's first minimill in Darlington, South Carolina, in 1969, now accounts for over 70% of U.S. steel production.
Aycock returned to executive management in 1998 as Chairman and served as President and CEO from 1999 to 2000 during a critical transition period. His leadership and commitment to Nucor's culture are remembered as foundational to the company's success and its position as one of the world's cleanest steel producers.
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