In an announcement Tuesday, Nucor said Darsey, who serves as executive vice president of raw materials, will be succeeded by Craig A. Feldman, president of Nucor’s scrap business, The David J. Joseph Co. 

“Jim's retirement and Craig's promotion are the product of the thoughtful and orderly succession planning that has been a top strategic initiative throughout the Nucor organization in recent years,” Nucor chairman and chief executive John Ferriola said in a statement. 

Darsey began his Nucor career in 1979 as a design engineer at Vulcraft-Texas. He was promoted to engineering manager of Vulcraft-Utah in 1986, and he served in the same role at Vulcraft-Texas from 1987 to 1995, when he was named general manager.  

He was named a vice president in 1996 and became president of the Vulcraft/Verco Group in 2007. In 2010, he was promoted as an executive vice president, overseeing bar operations before taking on responsibility for raw materials.  

"Jim has been an exceptional leader throughout his career with Nucor over the past four decades. He has made outstanding contributions to Nucor's strong record of profitable growth and to our company's unique culture,” Ferriola said. 

“During Jim's tenure, he has been extremely successful in leading both the steel mill and downstream products sides of our business, and, most recently, the raw materials segment.”

As part of his new responsibilities, Feldman will be promoted as an executive vice president. He has been with David Joseph Co. since 1986, when he began as a brokerage representative. 

In 1996, he was named commercial vice president at the company’s Western Metals Recycling subsidiary and later served as the subsidiary’s president. 

In 2008, Nucor acquired the business, and Feldman became a Nucor vice president and general manager. He was named president of David Joseph Co. in 2013, a role he will retain through his latest promotion. 

“Craig is a proven Nucor leader whose 32 years of experience with David Joseph Co. have positioned him well to take on this new responsibility and allow for a smooth transition,” Ferriola said.