Valmont appoints Thomas Liguori (formerly Avnet CFO) as EVP and CFO effective August 22, 2024

VALMONT INDUSTRIES INC

Thomas Liguori, 66, joins as EVP and CFO; previously CFO of Avnet (2018-2022) and Fortna LLC.
Base salary $650,000 per year; target annual bonus 80% of base salary (capped at 2x).
LTIP target 80% of base salary; stock grant eligibility Dec 2024 with target value 160% of base salary.
New hire equity grant of $160,000 in RSUs vesting 1/3 per year over three years.
Timothy P. Francis, interim CFO since July 2023, continues as Chief Accounting Officer.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Thomas Liguori

Executive Vice President and Chief Financial Officer

VMI · VALMONT INDUSTRIES INC

Effective: 2024-08-22
Filed: August 22, 2024, 7:59 PM ET

On August 22, 2024, Valmont Industries, Inc. announced that Thomas Liguori has joined the Company as Executive Vice President and Chief Financial Officer.

Role change

Timothy P. Francis

Chief Accounting Officer

VMI · VALMONT INDUSTRIES INC

Effective: 2024-08-22
Successor: Thomas Liguori
Filed: August 22, 2024, 7:59 PM ET

Timothy P. Francis who has served as Valmont’s Interim Chief Financial Officer since July 2023 continues as Chief Accounting Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas Liguori was appointed as Executive Vice President and Chief Financial Officer at VALMONT INDUSTRIES INC.

Action: joined
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On August 22, 2024, Valmont Industries, Inc. announced that Thomas Liguori has joined the Company as Executive Vice President and Chief Financial Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.9

Timothy P. Francis changed role as Chief Accounting Officer at VALMONT INDUSTRIES INC.

Action: continues as
Role: Chief Accounting Officer

Exact text from the filing

Timothy P. Francis who has served as Valmont’s Interim Chief Financial Officer since July 2023 continues as Chief Accounting Officer.

View on SEC.gov

VALMONT INDUSTRIES INC filing history →

Source: SEC EDGAR

accession 0000102729-24-000043

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.