---
schema_version: "secwatch.filing_event.v1"
accession: "0000102729-23-000062"
form_type: "8-K"
ticker: "VMI"
cik: "0000102729"
company_name: "VALMONT INDUSTRIES INC"
filed_at: "2023-11-22T23:59:59+00:00"
generated_at: "2026-06-07T22:03:30.784747+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000102729-23-000062
- form_type: 8-K
- ticker: VMI
- cik: 0000102729
- company_name: VALMONT INDUSTRIES INC
- filed_at: 2023-11-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102729/000010272923000062/0000102729-23-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102729/000010272923000062/vmi-20231122x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000102729-23-000062
- JSON: https://secwatch.observer/filing/0000102729-23-000062.json
- Plain text: https://secwatch.observer/filing/0000102729-23-000062.txt

## Key facts
- Executive change
  Timothy P. Francis was appointed as Chief Accounting Officer at VALMONT INDUSTRIES INC.
  - Action: appointed
  - Role: Chief Accounting Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/102729/000010272923000062/0000102729-23-000062-index.htm
- Executive change
  Eugene Padgett resigned as Chief Accounting Officer at VALMONT INDUSTRIES INC.
  - Action: resigned
  - Role: Chief Accounting Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/102729/000010272923000062/0000102729-23-000062-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.