Valmont Chief Accounting Officer Eugene Padgett resigns; Interim CFO Francis assumes role

VALMONT INDUSTRIES INC

Eugene Padgett resigns as Chief Accounting Officer effective Dec. 8, 2023 to pursue other opportunities and relocate closer to family.
Interim CFO Timothy P. Francis will also serve as CAO until a permanent appointment is made.
Francis previously served as SVP, Controller and CAO from June 2014 to Nov. 2022 before Padgett.
Padgett’s resignation is unrelated to company operations, policies, or accounting practices.

item 5.02 item 9.01

Executive movements

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Role change (interim)

Timothy P. Francis

Chief Accounting Officer

VMI · VALMONT INDUSTRIES INC

Filed: November 22, 2023, 6:59 PM ET

Timothy P. Francis, current Interim Chief Financial Officer, will also serve as Chief Accounting Officer until the company makes a permanent appointment to the position.

Departed

Eugene Padgett

Chief Accounting Officer

VMI · VALMONT INDUSTRIES INC

Effective: 2023-12-08
Successor: Timothy P. Francis
Filed: November 22, 2023, 6:59 PM ET

On November 16, 2023, Eugene Padgett notified Valmont Industries, Inc. of his decision to resign as Chief Accounting Officer effective December 8, 2023 to pursue other opportunities and to relocate closer to family.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Timothy P. Francis was appointed as Chief Accounting Officer at VALMONT INDUSTRIES INC.

Action: appointed
Role: Chief Accounting Officer

Exact text from the filing

Timothy P. Francis, current Interim Chief Financial Officer, will also serve as Chief Accounting Officer until the company makes a permanent appointment to the position.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Eugene Padgett resigned as Chief Accounting Officer at VALMONT INDUSTRIES INC.

Action: resigned
Role: Chief Accounting Officer

Exact text from the filing

On November 16, 2023, Eugene Padgett notified Valmont Industries, Inc. of his decision to resign as Chief Accounting Officer effective December 8, 2023 to pursue other opportunities and to relocate closer to family.

View on SEC.gov

VALMONT INDUSTRIES INC filing history →

Source: SEC EDGAR

accession 0000102729-23-000062

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