Valmont Appoints Stephen G. Kaniewski as President and Chief Operating Officer, Effective October 1, 2016
September 02, 2016 at 09:12 am EDT
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Valmont Industries, Inc. announced that its board of directors has promoted Stephen G. Kaniewski to the position of President and Chief Operating Officer of Valmont. The appointment is effective October 1, 2016. Kaniewski will become responsible for the daily operations of Valmont and will be reporting to Mogens Bay, Valmont's Chairman and Chief Executive Officer. Kaniewski has been Group President of Valmont's Utility Support Structures Segment since August, 2015. Prior to that, he was the Utility group's Senior Vice President and Managing Director.
Valmont Industries, Inc. is a manufacturer of products and services for infrastructure and agricultural markets. The Company operates through two segments: Infrastructure and Agriculture. The Infrastructure segment consists of the manufacture and distribution of products and solutions to serve the infrastructure markets of utility, solar, lighting, transportation, and telecommunications, along with coatings services to protect metal products. Its Infrastructure segment is comprised of five primary product lines: Transmission, Distribution, and Substation (TD&S); Lighting and Transportation (L&T); Coatings; Telecommunications, and Solar. The Agriculture segment consists of the manufacture of center pivot components and linear irrigation equipment for agricultural markets, including parts and tubular products, and advanced technology solutions for precision agriculture. It manufactures and distributes mechanical irrigation equipment and related service parts under the Valley brand name.