Valmont Appoints Steve Kaniewski as Chief Operating Officer
OMAHA, Neb., Sept. 2, 2016 - Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure development and mechanized irrigation equipment and services for agriculture, announced today 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.
"Steve is a seasoned executive with a passion for operational excellence," said Mr. Bay. "His global experience, leadership skills and strategic thinking will be pivotal in driving Valmont's continued success."
Kaniewski has been Group President of Valmont's Utility Support Structures Segment since August, 2015, where under his leadership the utility team successfully transformed its operating model. Prior to that, he was the Utility group's Senior Vice President and Managing Director. Steve joined Valmont in 2010 as Vice President-Information Technology and has held the position of Vice President-Global Operations for the Irrigation Segment.
Kaniewski is a graduate of Santa Clara University with a BS in Sociology and currently serves as the Chairman of the Board of the AIM Institute in Omaha, a not-for-profit organization dedicated to promoting vibrant communities through technology.
Valmont is a global leader, designing and manufacturing highly engineered products that support global infrastructure development and agricultural productivity. Its products for infrastructure serve highway, transportation, wireless communication, electric transmission, and industrial construction and energy markets. Its mechanized irrigation equipment for large scale agriculture improves farm productivity while conserving fresh water resources. In addition, Valmont provides coatings services that protect against corrosion and improve the service lives of steel and other metal products.
SOURCE Valmont Industries, Inc.
CONTACT:
Jeff Laudin,
Phone: 402-963-1158,
Fax: 402-963-1198
