Valmont Industries Management
Management criteria checks 2/4
Valmont Industries' CEO is Avner Applbaum, appointed in Jul 2023, has a tenure of less than a year. total yearly compensation is $5.96M, comprised of 13% salary and 87% bonuses, including company stock and options. directly owns 0.052% of the company’s shares, worth €2.42M. The average tenure of the management team and the board of directors is 4.1 years and 12.3 years respectively.
Key information
Avner Applbaum
Chief executive officer
US$6.0m
Total compensation
| CEO salary percentage | 13.0% |
| CEO tenure | less than a year |
| CEO ownership | 0.05% |
| Management average tenure | 4.1yrs |
| Board average tenure | 12.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 30 2024 | n/a | n/a | US$157m |
| Dec 30 2023 | n/a | n/a | US$143m |
| Sep 30 2023 | n/a | n/a | US$155m |
| Jul 01 2023 | n/a | n/a | US$276m |
| Apr 01 2023 | n/a | n/a | US$263m |
| Dec 31 2022 | US$3m | US$643k | US$251m |
| Sep 24 2022 | n/a | n/a | US$237m |
| Jun 25 2022 | n/a | n/a | US$217m |
| Mar 26 2022 | n/a | n/a | US$203m |
| Dec 25 2021 | US$2m | US$536k | US$196m |
| Sep 25 2021 | n/a | n/a | US$205m |
| Jun 26 2021 | n/a | n/a | US$192m |
| Mar 27 2021 | n/a | n/a | US$153m |
Compensation vs Market: Avner's total compensation ($USD5.96M) is above average for companies of similar size in the German market ($USD3.29M).
Compensation vs Earnings: Avner's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Avner Applbaum (51 yo)
less than a year
Tenure
US$5,956,400
Compensation
Mr. Avner M. Applbaum, C.P.A, serves as President and Chief Executive Officer at Valmont Industries, Inc. since July 11, 2023 and serves as its Director and was its Executive Vice President and Chief Finan...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | US$5.96m | 0.052% $ 2.4m | |
| Chief Accounting Officer & Interim CFO | less than a year | US$1.21m | 0.039% $ 1.8m | |
| Executive Vice President of Global Operations | 3.9yrs | US$1.38m | 0.032% $ 1.5m | |
| Group President of Agriculture & Chief Strategy Officer | 7.6yrs | US$5.64m | 0.078% $ 3.6m | |
| Group President of Infrastructure | less than a year | US$2.06m | 0.057% $ 2.6m | |
| Senior VP of Investor Relations & Treasurer | 2.3yrs | no data | 0.024% $ 1.1m | |
| VP, Chief Legal Officer & Corporate Secretary | 17.8yrs | no data | 0.042% $ 1.9m | |
| VP of Sales & Marketing | no data | no data | no data | |
| Executive VP & Chief Human Resource Officer | 5.3yrs | US$1.49m | 0.031% $ 1.4m | |
| Group President of Global Irrigation | 19.1yrs | no data | no data | |
| Group President of Coatings | no data | no data | no data | |
| President of Utility Transportation & Lighting Segment | 4.3yrs | no data | no data |
4.1yrs
Average Tenure
53yo
Average Age
Experienced Management: VI1's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | no data | US$5.96m | 0.052% $ 2.4m | |
| Non-Executive Chairman | 30.6yrs | US$365.00k | 0.94% $ 43.3m | |
| Independent Lead Director | 12.3yrs | US$280.00k | 0.046% $ 2.1m | |
| Independent Director | 18.4yrs | US$265.00k | 0.10% $ 4.6m | |
| Independent Director | 19.6yrs | US$260.00k | 0.045% $ 2.1m | |
| Independent Director | 8.9yrs | US$240.00k | 0.028% $ 1.3m | |
| Independent Director | 12.4yrs | US$265.00k | 0.037% $ 1.7m | |
| Independent Director | 3.7yrs | US$255.00k | 0.0074% $ 344.0k | |
| Independent Director | 3.7yrs | US$240.00k | 0.0077% $ 357.9k | |
| Independent Director | 4.6yrs | US$240.00k | 0.011% $ 496.6k |
12.3yrs
Average Tenure
68.5yo
Average Age
Experienced Board: VI1's board of directors are seasoned and experienced ( 12.3 years average tenure).