공고 • 12h
Apogee Enterprises, Inc. Announces Board Appointments, Effective August 5, 2026 Apogee Enterprises, Inc. announced that its Board of Directors had elected Joseph B. Hayek, President and Chief Executive Officer of Worthington Enterprises, Inc., and Suresh Krishna, President and Chief Executive Officer of Proto Labs, Inc., as independent directors, effective August 5, 2026. The appointments expanded the Board from six to eight directors. Mr. Hayek has served as President and Chief Executive Officer of Worthington Enterprises, Inc. since November 2024. Previously, he served as Chief Financial and Operating Officer of Worthington Enterprises following the December 2023 separation of Worthington Industries into Worthington Enterprises and Worthington Steel. From 2018 through 2023, Mr. Hayek served as Vice President and Chief Financial Officer of Worthington Industries, where he helped lead the development and execution of the company’s strategic separation and other growth initiatives. Earlier in his career at Worthington, Mr. Hayek served as Vice President and General Manager of the company’s oil and gas equipment business and as Vice President of Mergers & Acquisitions and Corporate Development. Before joining Worthington, he was President of PCM/Sarcom and held executive leadership positions in corporate development and investor relations. Prior to PCM, he worked in investment banking with Raymond James and Wachovia. Mr. Hayek is a member of the board of Catholic Social Services. He previously served on the board of trustees of the Community Shelter Board. Mr. Hayek earned a bachelor’s degree from Miami University and an MBA from Duke University, where he was named a Rollins Scholar. Mr. Krishna has served as President and Chief Executive Officer of Proto Labs, Inc. since May 2025. Prior to joining Proto Labs, he served as President and Chief Executive Officer of Northern Tool + Equipment from 2020 through 2024. From 2016 through 2020, he served as Senior Vice President and Chief Operations and Supply Chain Officer of Sleep Number Corporation. Earlier in his career, Mr. Krishna held various leadership positions with Polaris Industries, including Vice President, Europe, Middle East & Africa and Vice President, Global Operations & Integration. Mr. Krishna currently serves on the Boards of Directors of Oppidan Investment Company and the National Association of Manufacturers and on the Global Advisory Board of the Kellogg School of Management at Northwestern University and the Board of Advisors of the Carlson School of Management at the University of Minnesota. Mr. Krishna earned a bachelor's degree in mechanical engineering from the National Institute of Technology in India and an MBA from the Kellogg School of Management at Northwestern University. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €34.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 17x in the Building industry in Europe. Total loss to shareholders of 17% over the past three years. 공고 • Jul 06
Apogee Enterprises, Inc. Announces Appointment of Christopher W. Ede to President, Architectural Glass Segment Apogee Enterprises, Inc. announced that Christopher W. Ede had been appointed President of the Company's Architectural Glass segment. Prior to his appointment, Ede served as Vice President, Business Development, a position he held since joining the Company in 2022. Chris brings more than 20 years of leadership experience spanning strategy, global P&L management, mergers and acquisitions, finance, and portfolio transformation. Since joining Apogee in 2022, he has played a key role in advancing the Company's growth strategy, leading M&A efforts across the enterprise, developing a robust acquisition pipeline, and overseeing the successful acquisitions of UW Solutions and Kalwall. 공고 • Jul 02
Apogee Enterprises, Inc. (NasdaqGS:APOG) acquired Kalwall Corporation from the Keller family. Apogee Enterprises, Inc. (NasdaqGS:APOG) agreed to acquire Kalwall Corporation from the Keller family for approximately $120 million on May 28, 2026. The purchase price consists of $105 million in cash at close and up to $10 million of cash earnout subject to financial performance. The acquisition will be financed using cash on hand and the Company’s existing credit facility. Following the acquisition, Apogee plans to integrate Kalwall into its Architectural Glass segment.
The acquisition is expected to contribute $85 million of revenue with an adjusted EBITDA margin of approximately 15% within the first 12 months of ownership. Apogee expects to realize operational and cost synergy opportunities of $4 million by the end of fiscal 2029.
The transaction is subject to customary closing conditions and is expected to close during Apogee's fiscal 2027 second quarter. The transaction is expected to be accretive to Apogee’s adjusted diluted EPS in the first year of ownership. Assuming the pending Kalwall Corporation acquisition closes in early July 2026.
Dorsey & Whitney LLP acted as legal advisor for Apogee Enterprises, Inc.
Apogee Enterprises, Inc. (NasdaqGS:APOG) completed the acquisition of Kalwall Corporation from the Keller family on July 1, 2026. The transaction was completed following satisfaction of customary closing conditions. 공고 • Jun 29
Apogee Enterprises, Inc.(NasdaqGS:APOG) dropped from Russell 2000 Dynamic Index Apogee Enterprises, Inc.(NasdaqGS:APOG) dropped from Russell 2000 Dynamic Index Declared Dividend • Jun 29
First quarter dividend of US$0.27 announced Shareholders will receive a dividend of US$0.27. Ex-date: 14th July 2026 Payment date: 29th July 2026 Dividend yield will be 2.5%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 9.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 6.6% over the next year, which should provide support to the dividend and adequate earnings cover. 
