Publications
Publications
- 1999
Nucor Corporation (B)
By: Vijay Govindarajan
Abstract
In January, 1999, Ken Iverson, the thirty-year leader of Nucor Corporation, was forced into retirement. Five months later, his successor, John Correnti, was asked to leave. The board of directors wanted fundamental shifts in Nucor's strategy and organization that Iverson and Correnti resisted. The board's considerations included pursuing acquisitions, expanding into global markets and adding new organizational layers.
Keywords
Citation
Govindarajan, Vijay. "Nucor Corporation (B)." 1999. (Case No. 2-0016.)