2023-07-11 08:16:47 ET
- Valmont Industries ( NYSE: VMI ) has named Avner M. Applbaum, current Executive Vice President and CFO, as President and CEO, effective immediately .
- Mr. Applbaum succeeds Stephen G. Kaniewski, CEO since December 31, 2017, who is stepping down to pursue other opportunities.
- Mr. Kaniewski will serve in an advisory capacity as needed to ensure a seamless transition.
- The company also announced the appointment of Timothy P. Francis, Senior Vice President and Finance Business Partner, Global Operations, and former SVP, Corporate Controller as Interim CFO.
For further details see:
Valmont CEO Stephen Kaniewski to step down, Avner Applbaum to succeed