Age, Biography and Wiki
F. Kenneth Iverson was born on 25 September, 1925 in Downers Grove, Illinois, U.S., is a F. Kenneth Iverson was chairman and CEO of Nucor chairman and CEO of Nucor. Discover F. Kenneth Iverson's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 76 years old?
| Popular As |
N/A |
| Occupation |
Chairman and CEO of Nucor |
| Age |
76 years old |
| Zodiac Sign |
Libra |
| Born |
25 September 1925 |
| Birthday |
25 September |
| Birthplace |
Downers Grove, Illinois, U.S. |
| Date of death |
14 April, 2002 |
| Died Place |
Charlotte, North Carolina, U.S. |
| Nationality |
United States
|
We recommend you to check the complete list of Famous People born on 25 September.
He is a member of famous Businessman with the age 76 years old group.
F. Kenneth Iverson Height, Weight & Measurements
At 76 years old, F. Kenneth Iverson height not available right now. We will update F. Kenneth Iverson's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
| Family |
| Parents |
Not Available |
| Wife |
Not Available |
| Sibling |
Not Available |
| Children |
Not Available |
F. Kenneth Iverson Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is F. Kenneth Iverson worth at the age of 76 years old? F. Kenneth Iverson’s income source is mostly from being a successful Businessman. He is from United States. We have estimated F. Kenneth Iverson's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
$1 Million - $5 Million |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Businessman |
F. Kenneth Iverson Social Network
| Instagram |
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| Wikipedia |
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| Imdb |
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Timeline
F. Kenneth Iverson (September 18, 1925 – April 14, 2002) was the chairman and CEO of Nucor.
From 1943 to 1944, he attended Northwestern University, but left to serve in the United States Navy in World War II, where he achieved the rank of lieutenant.
In 1946, he graduated from Cornell University with a degree in aeronautical engineering.
He received a master's degree in mechanical engineering from Purdue University in 1947.
Iverson was a research physicist for International Harvester for five years.
In 1953, he joined Illium Corporation as chief engineer.
He took a temporary job with Indiana Steel Products to establish a spectographic laboratory.
He then joined Cannon Muskegon as chief metallurgist and eventually, sales manager.
He is credited with transforming Nucor from a nearly bankrupt company in the 1960s into the largest and most successful steelmaker in the United States.
Iverson was born in Downers Grove, Illinois.
In 1960, he became executive vice president for Coast Metals Company.
In 1961, Nuclear Corporation of American hired Iverson as general manager.
In March 1965, the company filed for bankruptcy.
Iverson, head of the only profitable division, took over as head of the company due to lack of interest in the job from others.
One of his first initiatives was to racially integrate the company.
The company changed its name to Nucor in 1972.
Iverson resigned as CEO of Nucor in 1996 and retired as chairman in 1998.
Iverson vigorously advocated a lean management staff, decentralized decision-making structure, and egalitarian work environment.
At Nucor, he brought the number of levels of management down to four - a janitor was four promotions away from the CEO's job.
He located the corporate headquarters in suburban Charlotte, North Carolina, away from any production facilities, and gave each mill great leeway in its own marketing and production decisions.
Under his leadership, Nucor eliminated executive perks such as company cars, and reserved parking spaces.
A staff of 50 in the corporate office was sufficient for managing the entire corporation, one of the smallest corporate staffs of any Fortune 500 company.
Iverson's management philosophy was featured in Good to Great by James C. Collins.
Iverson was married to his wife, Martha, for 56 years.
They had a daughter, Claudia Sturges and a son, Marc Miller; both lived in Charlotte.
He died in Charlotte due to complications from emphysema and heart trouble.
