F. Kenneth Iverson

F. Kenneth Iverson ( born September 18, 1925 in Downers Grove, Illinois; † 14 April 2002) was an American manager.

F. Kenneth Iverson was born on 1925 in Downers Grove, a small town in the west of Chicago. Iverson attended Northwestern University from 1943 to 1944 but left this to do his military service in World War II in the Navy. He left the Navy with the rank of lieutenant.

In 1946 he finished his studies at Cornell University with a degree in aerospace engineering. In 1947, he earned a master 's degree in mechanical engineering at Purdue University.

After some engineering activities Iverson came to Vulcraft area of ​​the Nuclear Corporation of America, which was based in Phoenix, Arizona and steel products manufactured. Within three years, he has made ​​this area an economic success, while the rest of the group went bust. 1965 Ivesron was then CEO of the bankrupt parent company Nuclear. Iverson sold or liquidated the loss-maker, moved its headquarters to Charlotte, North Carolina and focused on the production of steel. He began as one of the first electric steel technology.

In 1972 the company was renamed in Nucor, as they had nothing to do with nuclear technology.

The special thing about Ken Iverson was his management philosophy and his way of leading the company. He has recorded in a slightly autobiographical book (" Plain Talk "), which (steel ) entrepreneur Juergen Grossmann under the title was the German " Honestly ... " translate this philosophy. This book is Großmanns her company on the Georgsmarienhuette.