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Nucor's Keith Grass plans to retire

Keywords: Tags  David J. Joseph Co., DJJ, Keith Grass, Joe Stratman, Craig Feldman, Nucor, John J. Ferriola, retirement executive appointment

PITTSBURGH — Nucor Corp.’s Keith Grass, executive vice president of raw materials and chief executive officer of David J. Joseph Co. (DJJ), is retiring effective Sept. 12.

Joe Stratman, who has been with the company since 1989, will assume responsibilities for the steelmaker’s raw materials group, which includes DJJ and Nucor’s natural gas investments and logistics.

Craig Feldman will continue to serve as president of Cincinnati-based DJJ, Nucor’s scrap division.

"I would like to thank Keith for his leadership at DJJ and Nucor over the last 36 years. His guidance and expertise as both the (chief executive officer) of DJJ and as (executive vice president) of Nucor have been instrumental to our combined success," Nucor chairman, chief executive officer and president John J. Ferriola said in a statement. "Our company and our stockholders have greatly benefited from Keith’s innumerable contributions to our raw materials strategy and our continued focus on reducing our cost structure."

Grass joined DJJ in 1978 and served as president from 2000 to 2012. He has been chief executive officer of DJJ since 2000 and was appointed executive vice president of Nucor in 2008 following the Charlotte, N.C.-based steelmaker’s acquisition of the company.

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