Mark C. Jaksich Appointed Valmont's Chief Financial Officer
OMAHA, Neb., Feb. 26, 2014
OMAHA, Neb., Feb. 26, 2014 /PRNewswire/ -- Valmont Industries, Inc. (NYSE:
VMI), a leading global manufacturer of engineered products for infrastructure,
mechanized irrigation equipment for agriculture, and a provider of coating
services, announced today that Mark C. Jaksich has been appointed Valmont's
Executive Vice President and Chief Financial Officer. Mr. Jaksich will succeed
Terry J. McClain as Valmont's CFO.
Mark's career with Valmont spans 30 years including positions as controller
for the international division, director of internal audit and a number of
other accounting positions. For the past 14 years, Mark has served as the
Company's Chief Accounting Officer in the role of Vice President and Corporate
Controller. Mark is a Certified Public Accountant and holds Bachelor of
Science in Accounting and Masters in Business Administration degrees from the
University of Nebraska at Omaha.
Commenting on the appointment, Mogens C. Bay, Valmont's Chairman and Chief
Executive Officer said, "Mark's 30-year career at Valmont has prepared him to
assume the role of CFO. We have worked closely together over the past 14 years
and I have always been impressed with Mark's intimate knowledge of the
Company, his knowledge of accounting and finance, leadership abilities and
intellect. After looking at numerous external candidates, it became evident
that the best candidate was already here."
Valmont is the global leader in designing and manufacturing poles, towers and
structures for lighting and traffic, wireless communication and utility
markets, industrial access systems, highway safety barriers and a provider of
protective coating services. Valmont also leads the world in mechanized
irrigation equipment for agriculture, enhancing food production while
conserving and protecting natural water resources. In addition, Valmont
produces a wide variety of tubing for commercial and industrial applications.
SOURCE Valmont Industries, Inc.
Contact: Jeff Laudin, Phone, 402-963-1158, Fax 402-963-1198
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