---
schema_version: "secwatch.filing_event.v1"
accession: "0000102729-24-000043"
form_type: "8-K"
ticker: "VMI"
cik: "0000102729"
company_name: "VALMONT INDUSTRIES INC"
filed_at: "2024-08-22T23:59:59+00:00"
generated_at: "2026-05-31T07:57:32.324685+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000102729-24-000043
- form_type: 8-K
- ticker: VMI
- cik: 0000102729
- company_name: VALMONT INDUSTRIES INC
- filed_at: 2024-08-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102729/000010272924000043/0000102729-24-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102729/000010272924000043/vmi-20240822x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000102729-24-000043
- JSON: https://secwatch.observer/filing/0000102729-24-000043.json
- Plain text: https://secwatch.observer/filing/0000102729-24-000043.txt

## Source-grounded claims
- claim_id: 4e557c614b
  claim: Thomas Liguori was appointed as Executive Vice President and Chief Financial Officer at VALMONT INDUSTRIES INC.
  evidence_excerpt: On August 22, 2024, Valmont Industries, Inc. announced that Thomas Liguori has joined the Company as Executive Vice President and Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/102729/000010272924000043/0000102729-24-000043-index.htm
- claim_id: 933283aed0
  claim: Timothy P. Francis changed role as Chief Accounting Officer at VALMONT INDUSTRIES INC.
  evidence_excerpt: Timothy P. Francis who has served as Valmont’s Interim Chief Financial Officer since July 2023 continues as Chief Accounting Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/102729/000010272924000043/0000102729-24-000043-index.htm

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