Dan DiMicco, chairman emeritus and former president and chief executive officer of Charlotte-based Nucor Corp., was inducted into the North Carolina Business Hall of Fame this week in Charlotte.
DiMicco led Nucor from September 2000 through 2012, the longest CEO tenure since the company’s founder, Ken Iverson. During his time, the steelmaker completed over 50 acquisitions for a total investment of $6.5 billion.
Also during his CEO tenure, BusinessWeek magazine ranked Nucor the No. 1 company in the U.S. based on sales growth and return on investment in 2005. The Harvard Business Review included DiMicco in its 2010 top 100 list of “Best Performing CEOs in the World.”
DiMicco has long been an outspoken supporter of domestic manufacturing and earlier this year published a book on the topic called “American Made.”
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“The growth that Nucor sustained over the dozen years of his leadership at a time of unprecedented global challenges is remarkable in every sense of the word,” John Ferriola, Nucor’s current chairman, president and CEO, said in a statement.
DiMicco retired from the Charlotte steel company in early 2013. He serves on Duke Energy’s board of directors and lives in Charlotte.
Also inducted into the Hall of Fame by the Junior Achievement of Central Carolinas and the North Carolina Chamber of Commerce Tuesday was Robert Barnhill, founder of Rockingham-based Barnhill Contracting Co., and Susan Cameron, president and CEO of Winston-Salem-based Reynolds American Inc.