John Schwietz
Valmont Industries Inc. previously reported the appointment of John Schwietz as Valmont’s Executive Vice President and Chief Financial Officer and Corporate Secretary, effective April 8, 2026, to succeed Thomas Liguori.
Highest-materiality recent filing
Valmont holds Investor Day; strategic presentation garbled in filing, key figures unclear
Valmont Industries hosted an Investor Day on June 16, 2026, as previously announced.
Former CFO Thomas Liguori enters separation agreement; $4.9M retirement benefits
Liguori retired as EVP & CFO on April 8, 2026; John Schwietz succeeded him.
Valmont Q1 EPS $5.51 (+27.5% YoY); raises FY2026 EPS guidance to $21.50-$23.50
Net sales $1.03B (+6.2% YoY); operating income $155.6M (+21.3%); diluted EPS $5.51 vs $4.32.
Valmont appoints John Schwietz as CFO; base salary $525K, target bonus 80%
Base salary $525,000 annually for John Schwietz, EVP & CFO.
Valmont appoints John Schwietz as CFO effective April 8, 2026
John Schwietz named EVP, CFO and Corporate Secretary, succeeding Thomas Liguori.
Valmont dismisses Deloitte, appoints KPMG as auditor for FY2026
Deloitte & Touche dismissed as independent auditor effective March 3, 2026.
Valmont appoints Paul T. Maass to board; board expands to 11 members
Paul T. Maass appointed to Valmont board effective Feb 22, 2026.
Valmont Q4 adj EPS $4.92 (+28% YoY); FY2026 EPS guide $20.50-$23.50
Q4 GAAP EPS $9.05 includes $3.98 tax benefit from Prospera wind-down; adjusted EPS $4.92 vs $3.84.
Valmont Industries appoints William E. Johnson as CAO; Francis moves to Infrastructure
William E. Johnson named Chief Accounting Officer, effective October 20, 2025.
Valmont Q3 EPS $4.98 (+21%); raises FY2025 adjusted EPS outlook to $18.70-$19.50
Q3 net sales $1.05B (+2.5% YoY); operating income $141.5M (+12.5%); diluted EPS $4.98 (+21.2%).
Valmont Q2 GAAP loss ($1.53)/share on $112.1M charges; raises FY2025 adj. EPS outlook
GAAP net loss of $30.3M ($1.53 loss/share) due to $112.1M one-time charges including $91.3M impairment.
Valmont amends credit facility: $800M revolver, maturity extended to 2030, improved pricing
New $800M unsecured revolving credit facility matures July 10, 2030 (previously Oct 18, 2026).
Valmont presents at William Blair conference; no material new disclosures
Valmont participated in the William Blair 45th Annual Growth Stock Conference on June 4, 2025.
Valmont enters separation agreements with two executives; Donahue and Larkin to depart Dec 27, 2025
John T. Donahue receives cash severance of $333,727.97 (27 weeks base salary) and continues salary/benefits through Dec 27, 2025.
Valmont Q1 net sales down 0.9% to $969.3M; EPS flat at $4.32; FY outlook reaffirmed
Net sales $969.3M (-0.9% YoY); operating income $128.3M (-2.5%); diluted EPS $4.32 unchanged.
Valmont Q4 revenue $1.04B (+2.1%), adj EPS $3.84; FY EPS $17.19; FY25 outlook $17.20-18.80
Q4 GAAP diluted EPS $3.84 vs $1.38 prior; adjusted EPS $3.84 vs $3.18.
Valmont Industries appoints Deborah Caplan to board, increasing size to 11
Deborah Caplan appointed to Valmont board effective Oct 27, 2024; board increases from 10 to 11 members.
Valmont Q3 2024: EPS $4.11 vs prior year loss; operating margin expands to 12.3%; revenues down 2.9%
Net sales of $1.02B (-2.9% YoY); GAAP diluted EPS $4.11 vs ($2.34) loss; adjusted EPS $4.11 vs $4.12.
Valmont appoints Thomas Liguori (formerly Avnet CFO) as EVP and CFO effective August 22, 2024
Thomas Liguori, 66, joins as EVP and CFO; previously CFO of Avnet (2018-2022) and Fortna LLC.
Valmont Q2 diluted EPS $4.91 (+16.6% YoY); raises FY 2024 EPS guidance to $16.50-$17.30
Q2 net sales $1.04B (flat YoY); operating income $147.3M (+10.2%); diluted EPS $4.91 vs $4.21, incl $0.15 tax benefit.
Valmont finalizes separation with Group President Agriculture; $475K severance
Aaron Schapper's last day as Group President, Agriculture & CSO was May 10, 2024; advisory role through Dec. 28, 2024.
Valmont's Group President Agriculture & CSO Aaron Schapper to depart
Aaron M. Schapper steps down as Group President, Agriculture and Chief Strategy Officer effective May 10, 2024.
Valmont beats Q1 EPS estimates, raises full-year guidance on strong Infrastructure margins
Q1 diluted EPS $4.32 vs $3.47 YoY (+24.5%); revenue $977.8M, down 8% YoY.
Fourth quarter net sales $1.02B (-10.3%); GAAP EPS $1.38, adjusted EPS $3.18; operating cash flow $115.9M.
Valmont posts presentation for CJS New Ideas conference; no specific figures disclosed
Presentation posted January 10, 2024 for CJS New Ideas conference; no financial figures in filing.
Valmont enters $120M accelerated share repurchase; initial delivery ~0.4M shares
Entered ASR with Citibank to repurchase $120M of common stock under existing program.
Valmont Chief Accounting Officer Eugene Padgett resigns; Interim CFO Francis assumes role
Eugene Padgett resigns as Chief Accounting Officer effective Dec. 8, 2023 to pursue other opportunities and relocate closer to family.
Valmont Q3 GAAP EPS -$2.34; adj. EPS $4.12; $137M impairment; cuts workforce 360; lowers FY outlook
Net sales $1.05B, down 4.3% YoY; Infrastructure flat, Agriculture down 8.8%.
Valmont elects Avner Applbaum as CEO; base salary $950K, bonus 110% of base
Avner Applbaum appointed President & CEO effective July 10, 2023; also joined Board on July 31, 2023.
Valmont finalizes CEO Kaniewski separation; cash severance $648,937, benefits through Dec 2023
Former CEO Stephen Kaniewski to provide consulting services until Dec 30, 2023; receives base salary and health benefits during transition.
Valmont Q2 diluted EPS $4.21 (record), up 19.3% YoY; FY net sales growth view lowered to 0-2%
Net sales $1.046B, down 7.9% YoY (down 5.7% adjusted for wind energy divestiture); operating income +12.6% to $133.7M.
Avner Applbaum, former EVP and CFO since March 2020, appointed President and CEO effective July 11, 2023.
Valmont posts investor day presentation; no material new financial data disclosed
Filed a Form 8-K announcing investor day presentation posted on May 23, 2023.
Valmont Q1 2023: Record EPS $3.47, raises FY guidance, hikes dividend 9%
Record Q1 net sales $1.06B (+8.3% YoY); GAAP EPS $3.47 (+19.7%); adjusted EPS $3.61.
Valmont increases quarterly dividend 9% to $0.60, authorizes $400M share repurchase
Dividend increased to $0.60/share quarterly ($2.40 annualized), up 9% from $0.55; payable April 14, 2023 to holders of record March 31, 2023.
Valmont Q4 adj EPS $3.57 beats; FY22 record sales $4.35B; FY23 guidance $15.35-$15.90
Q4 net sales $1.13B (+17.5% YoY); GAAP EPS $1.86, adjusted EPS $3.57 (+30.8%).
Valmont posts January 2023 investor presentation on website
Presentation furnished as Exhibit 99.1 under Item 7.01 Regulation FD.
Board adopted amendments on December 13, 2022.
Valmont appoints Eugene Padgett as Chief Accounting Officer, effective Nov 1, 2022
Eugene Padgett named CAO, succeeding Tim P. Francis who becomes SVP & Finance Business Partner - Global Operations.
Valmont reports record Q3 sales $1.1B, EPS $3.34; raises FY22 outlook, guides FY23 growth
Record Q3 net sales $1.097B (+26.3% YoY); diluted EPS $3.34 GAAP ($3.49 adjusted) vs $2.40 ($2.57).
Valmont Q2 record sales $1.14B (+27% YoY); EPS $3.53; raises FY2022 guidance
Record diluted EPS of $3.53 ($3.70 adjusted) vs $2.89 ($3.06 adjusted) in Q2 2021.
Valmont Q1 sales +26.6% to $980.8M; record adjusted EPS $3.07; raises FY guidance
Record Q1 sales $980.8M (+26.6% YoY); adjusted diluted EPS $3.07 vs $2.57.
Valmont realigns reporting segments to Infrastructure and Agriculture, effective Q1 2022
New Infrastructure segment combines Utility Support Structures, Engineered Support Structures and Coatings.
Valmont board approves 2022 Stock Plan authorizing 2M shares
Plan subject to shareholder vote at annual meeting on April 26, 2022.
Valmont Q4 adj EPS $2.73 beats; record FY sales $3.5B; FY22 guidance raised
Q4 net sales $963.3M (+20.7% YoY); record backlog >$1.6B (+40% since FY20).
Valmont Q3 net sales record $868.8M (+18.4%); raises FY21 EPS guidance to $10.10-$10.60
GAAP diluted EPS $2.40 vs $1.84 YoY; adjusted EPS $2.57 vs $1.99.
Valmont Industries amends credit facility to $800M, extends maturity to Oct 2026
Commitments increased from $600M to $800M; accordion expanded from $200M to $300M.
Valmont Q2 record sales $894.6M (+29.9% YoY); raises FY guidance, EPS $2.89/$3.06 adj.
Record Q2 net sales $894.6M (+29.9% YoY); GAAP diluted EPS $2.89, adjusted $3.06.
Valmont Industries Inc. previously reported the appointment of John Schwietz as Valmont’s Executive Vice President and Chief Financial Officer and Corporate Secretary, effective April 8, 2026, to succeed Thomas Liguori.
Valmont Industries Inc. previously reported the appointment of John Schwietz as Valmont’s Executive Vice President and Chief Financial Officer and Corporate Secretary, effective April 8, 2026, to succeed Thomas Liguori.
On May 14, 2025, Valmont Industries, Inc. (“Valmont”) entered into a separation agreement with John T. Donahue specifying the terms of his separation, and the orderly transition of his duties and responsibilities.
On May 14, 2025, Valmont entered into a separation agreement with Diane M. Larkin specifying the terms of her separation, and the orderly transition of her duties and responsibilities.
On October 27, 2024, the board of directors of Valmont Industries, Inc. appointed Deborah Caplan to the board and to the Human Resource Committee of the board.
On August 22, 2024, Valmont Industries, Inc. announced that Thomas Liguori has joined the Company as Executive Vice President and Chief Financial Officer.
Timothy P. Francis who has served as Valmont’s Interim Chief Financial Officer since July 2023 continues as Chief Accounting Officer.
As reported by Valmont Industries, Inc. (the “Company”) in its Current Report on Form 8-K dated May 10, 2024, the Company and Aaron M. Schapper agreed that Mr. Schapper would transition out of his role as Group President, Agriculture and Chief Strategy Officer.
Effective May 10, 2024, Valmont Industries, Inc. (the “Company”) and Aaron M. Schapper agreed that Mr. Schapper would transition out of his role as Group President, Agriculture and Chief Strategy Officer to pursue new opportunities that align more closely with his professional goals.
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.
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.
On July 31, 2023, the Board of Directors designated Mr. Applbaum as a member of the Board of Directors.
Max materiality 0.85 · Median 0.62 · Most common event earnings