Welcome to the 2025 Annual Meeting of Stockholders of Nucor Corporation. I'd like to introduce Jack Sullivan, Vice President, Treasurer, and General Manager of Investor Relations. Mr. Sullivan.
Thank you, Luca, and good morning, everyone. Pleased you're joining us for Nucor's 2025 Annual Meeting of Stockholders. Today's meeting may include forward-looking information within the meaning of securities laws. Actual results may be different than forward-looking statements and involve risks outlined in this Safe Harbor Statement and disclosed in Nucor's SEC filings. If you have not already done so, you may vote your shares online during this meeting and prior to the closing of the polls by following the instructions on your screen. While this meeting is virtual, we want to hear from our stockholders, and we invite you to submit questions electronically during any portion of today's meeting. We look forward to hearing from you, and we'll address your questions during the Q&A session. With that, let's turn the meeting over to Leon Topalian, Nucor's Chair, President, and Chief Executive Officer, to call the meeting to order. Leon?
Thanks, Jack, and good morning, everyone. I'd like to welcome all of you to Nucor's stockholders and our Nucor teammates and guests who are here with us in this room or listening remotely. We appreciate your attendance, your interest, and most importantly, your support of Nucor. As the Chair of the Board of Directors, I now call the 2025 Annual Meeting of Stockholders of Nucor Corporation to order. Rae Eagle, Nucor's Vice President and Corporate Secretary, will act as Secretary of this meeting.
Joining me today are members of Nucor's leadership team, who I'm pleased to introduce: Steve Laxton, our Chief Financial Officer and Executive Vice President, Greg Murphy, our EVP and Special Advisor to the Chief Executive Officer, Ben Pickett, Executive Vice President of Business Services, Sustainability, and Legal, Dave Sumoski, our Chief Operating Officer, and Doug Wilner, our General Counsel, as well as the rest of the executive team who are listening in. We also have with us today the following current directors and nominees for election as directors: Chris Kearney, our Lead Director, Norma Clayton, Patrick Dempsey, Nick Gangestad, Laurette Koellner, Michael Lamach, and Nadja West. Several of Nucor's advisors are also joining us from the law firm of Wyrick Robbins Yates and Ponton, Todd Eveson, and Hallie Bacani, and from the accounting firm of PricewaterhouseCoopers, we have Bobby Bono.
I'd also like to thank and recognize our retired CEOs: Dave Aycock, Dan DiMicco, John Ferriola, who may be listening in today. Gentlemen, thank you for your leadership over the years and your help shaping Nucor into who we are today. Now on to some business. The Secretary, please report the stockholders present or represented by proxy.
Of the 230,746,135 shares issued, outstanding, and entitled to vote at this meeting, there are present or represented by proxy more than 202 million shares.
Since the holders of a majority of the shares issued and outstanding and entitled to vote at this meeting are present or represented by proxy, a quorum is present for the transaction of all items of business. I will ask that the Secretary to file the proxies with Nucor's records. Rae, will you please report on the notice of meeting sent to stockholders of record as of the close of business on March 10, 2025? These are the holders entitled to vote at this meeting.
I present to this meeting my affidavit showing the mailing commencing on March 24, 2025, to each stockholder of record as of the close of business on March 10, 2025, the following: the Notice of the 2025 Annual Meeting of Stockholders and related proxy materials, or the Notice of Internet Availability of Proxy Materials. Our counsel has advised us that the mailing was made in accordance with all applicable requirements of law, including the regulations of the United States Securities and Exchange Commission and the rules of the New York Stock Exchange.
Thank you, Rae. Please annex your affidavit to the minutes of this meeting. Victor Latessa with Broadridge Financial Solutions has been appointed Inspector of Elections as required by Delaware law. He has submitted his oath of office, and I ask that his oath be attached to the minutes of this meeting. The next order of business is to consider the four proposals for this meeting as set forth in the notice of annual meeting and proxy statement. Proposal number one is the election of eight directors. The terms of Norma Clayton, Patrick Dempsey, Nicholas Gangestad, Chris Kearney, Laurette Koellner, Michael Lamach, Nadja West, and myself will expire at this meeting. The board's Governance and Nominating Committee has recommended, and the board of directors has nominated these eight nominees for reelection for one-year terms ending at Nucor's annual meeting of stockholders in 2026. There are no other nominees.
Nucor's board of directors unanimously recommends a vote for each of the eight nominees. Proposal number two is the ratification of the appointment of PricewaterhouseCoopers to serve as Nucor's independent registered public accounting firm for 2025. The Audit Committee of the board of directors has appointed PricewaterhouseCoopers to serve as Nucor's independent registered public accounting firm for 2025. Nucor's board of directors unanimously recommends a vote for this proposal. Proposal number three is an advisory vote to approve Nucor's named executive officer compensation in 2024. Nucor's board of directors unanimously recommends a vote for this proposal, and proposal number four is the approval of the Nucor Corporation 2025 Omnibus Incentive Compensation Plan. Nucor's board of directors unanimously recommends a vote for this proposal.
If you are a stockholder entitled to vote and have not yet voted, or if you want to change your previously cast vote, please do so via the website used to access this meeting. Please remember that if you have already voted by proxy, it is not necessary to vote again. The polls are about to close, so if you have not yet voted, please do so at this time.
I see a certificate of Inspector of Elections certifying the vote. Proposal number one: all eight director nominees have been reelected as directors of the company. Proposal number two: the appointment of PricewaterhouseCoopers to serve as Nucor's independent registered public accounting firm for 2025 has been ratified by the stockholders. Proposal number three: Nucor's named executive officer compensation in 2024 has been approved on an advisory basis by the stockholders. And proposal number four: the Nucor Corporation 2025 Omnibus Incentive Compensation Plan has been approved by the stockholders.
Thank you, Victor. If there are no further business to come before this meeting, a motion to adjourn is in order.
So moved.
I second the motion. A motion has been made and seconded. Without objection, I declare that this meeting is adjourned. We'd like to hear from you now. You may submit your questions by following the instructions on your screen. Okay. It appears that there are no questions at this time. I'd like to close our meeting by thanking our team members for your continued focus in delivering on our most important value: the health, safety, and well-being of all Nucor team members who make up the Nucor family, to our customers. Thank you for the trust you place in the Nucor team with each and every order. And finally, I'd like to thank our stockholders for attending the meeting today.
We take seriously the trust you place in our team, and we will continue to be disciplined in our approach toward capital allocation and our primary objective: generating attractive returns for our stockholders. Thank you and have a great day.
The meeting has now concluded. Thank you for joining. You may now disconnect.