Nucor Elevates Jack Sullivan to CFO and EVP, Succeeding Laxton
Nucor will promote John L. “Jack” Sullivan to Chief Financial Officer, Treasurer and Executive Vice President effective March 1, 2026, succeeding Steve Laxton, who became President and Chief Operating Officer on January 1, 2026. Sullivan, 52, joined Nucor in 2022 and spent 13 years at Duke Energy plus nine years at Bank of America.
1. CFO Promotion Details
Nucor will promote John L. 'Jack' Sullivan to Chief Financial Officer, Treasurer and Executive Vice President effective March 1, 2026. He will succeed Steve Laxton, who transitioned to President and Chief Operating Officer on January 1, 2026.
2. Sullivan’s Career Path
Sullivan joined Nucor in 2022 as General Manager of Investor Relations and was promoted to Vice President and Treasurer in 2025. He previously spent 13 years at Duke Energy and nine years in various roles at Bank of America.
3. Strategic Impact
This leadership reshuffle bolsters Nucor’s executive team with Sullivan’s financial acumen and strategic insight while enabling Laxton to concentrate on operational growth and execution as President and COO.