Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(c) On March 30, 2020, the Board of Directors of Valmont Industries, Inc.
appointed Avner Applbaum as Executive Vice President and Chief Financial Officer
of Valmont Industries, Inc. Mr. Applbaum succeeds Mark C. Jaksich as Valmont's
CFO. Mr. Applbaum has over 20 years of financial and operational experience in
both publicly traded and private equity backed companies, including 15 years in
senior financial and operational roles in publicly traded manufacturing
companies.
Mr. Applbaum, age 48, joins Valmont after serving from 2017 to March 2020 in
executive positions, including Chief Financial Officer and Chief Operating
Officer, with Double E Company, an equipment manufacturer. From 2016 to 2017, he
served as Chief Financial Officer of Aerostar Aerospace, a manufacturer of
high-complexity parts, and from 2015 to 2016 he served as Chief Financial
Officer of Premier Store Fixtures, a retail manufacturer and logistics provider.
Information with respect to Mr. Applbaum's compensation is set forth on Exhibit
99.1, which is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Avner Applbaum Compensation Summary
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