People: Valmont Industries Inc (VMI)
VMI on New York Consolidated
152.48USD
24 May 2013
152.48USD
24 May 2013
Price Change (% chg)
$0.90 (+0.59%)
$0.90 (+0.59%)
Prev Close
$151.58
$151.58
Open
$150.17
$150.17
Day's High
$152.99
$152.99
Day's Low
$149.39
$149.39
Volume
156,944
156,944
Avg. Vol
181,670
181,670
52-wk High
$164.93
$164.93
52-wk Low
$106.52
$106.52
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Mogens Bay |
64 | 1997 | Chairman of the Board, Chief Executive Officer |
Richard Heyse |
50 | 2013 | Chief Financial Officer, Executive Vice President |
Todd Atkinson |
56 | 2011 | Executive Vice President |
Mark Jaksich |
55 | 2000 | Vice President, Controller |
Vanessa Brown |
60 | 2011 | Vice President - Human Resources |
Brian Desigio |
43 | 2008 | Vice President - Corporate Development |
Steven Kaniewski |
41 | 2011 | Vice President - Information Technology |
Walter Pasko |
62 | 2002 | Vice President - Procurement |
Kenneth Stinson |
70 | 2011 | Lead Independent Director |
Glen Barton |
73 | 2004 | Independent Director |
Kaj den Daas |
63 | 2004 | Independent Director |
James Milliken |
56 | 2011 | Independent Director |
Daniel Neary |
61 | 2005 | Independent Director |
Catherine Paglia |
61 | 2012 | Independent Director |
Clark Randt |
67 | 2009 | Independent Director |
Walter Scott |
81 | 1981 | Independent Director |
Jeff Laudin |
IR Contact Officer |
Biographies
| Name | Description |
|---|---|
Mogens Bay |
Mr. Mogens C. Bay is Chairman of the Board, Chief Executive Officer of Valmont Industries Inc., since January 1997. He was President and Chief Executive Officer of the Company from August 1993 through December 1996. Mr. Bay currently serves as a director of ConAgra Foods, Inc. and Peter Kiewit Sons', Inc. Mr. Bay is the only Valmont officer who serves on the Company's board of directors. Mr. Bay has served as a director of the Company since October 1993. |
Richard Heyse |
Mr. Richard P. Heyse is Chief Financial Officer, Executive Vice President of Valmont Industries, Inc. He was appointed as Chief Financial Officer of the Company on February 27, 2013. He has joined Valmont as Executive Vice President on January 8, 2013. Mr. Heyse has over 20 years of financial, engineering, and information technology management experience. He holds a Bachelor of Science in Engineering from Purdue University and a Masters degree in Industrial Administration from Carnegie Mellon University. He served as Vice President and CFO of WESCO International, Inc. from June 2009 to February 2012. From April 2005 to May 2009, he served as Vice President and CFO of Innophos Holdings. He served as Vice President and CFO of Polyconcept, Inc. from June 2012 to December 2012. |
Todd Atkinson |
Mr. Todd G. Atkinson is Executive Vice President of Valmont Industries Inc., since February 2011. He has been Chief Executive Officer of Delta plc from July 2003 until February 2011. |
Mark Jaksich |
Mr. Mark C. Jaksich is Vice President, Controller of Valmont Industries, Inc., since February 2000. |
Vanessa Brown |
Ms. Vanessa K. Brown is Vice President - Human Resources of Valmont Industries, Inc., since July 11, 2011. Ms. Brown was Director of Human Resources of North America Engineered Infrastructure Products division from 1997 until 2011. |
Brian Desigio |
Mr. Brian J. Desigio is Vice President - Corporate Development of Valmont Industries Inc., since April 28, 2008. He was Senior Vice President at Fairmount Food Group from January 2006 to April 2008. |
Steven Kaniewski |
Mr. Steven G. Kaniewski is Vice-President - Information Technology of Valmont Industries Inc. He was Vice President of Global IT Applications at Belden Inc. from September 2007 until August 2010. |
Walter Pasko |
Mr. Walter P. Pasko is Vice President - Procurement of Valmont Industries, Inc., since May 2002. |
Kenneth Stinson |
Mr. Kenneth E. Stinson is Lead Independent Director of Valmont Industries Inc. He is currently Chairman Emeritus of Peter Kiewit Sons', Inc. (construction and mining). Mr. Stinson was Chairman of Peter Kiewit Sons' Inc. from March 1998 to December 2012. He was Chief Executive Officer of Peter Kiewit Sons', Inc. from 1998 to 2004. He previously served as Chairman and CEO of Kiewit Construction Group, Inc. Peter Kiewit Sons', Inc. revenues were in excess of $10 billion in 2012. Mr. Stinson also serves as a director of ConAgra Foods, Inc. Mr. Stinson has a civil engineering degree and had management responsibility at Kiewit for the construction of highways, bridges, transit systems, power plants and refineries for commercial, industrial and governmental customers. Mr. Stinson has served as a director of the Company since December 1996. |
Glen Barton |
Mr. Glen A. Barton is an Independent Director of Valmont Industries Inc. He was Chairman and Chief Executive Officer of Caterpillar, Inc. (manufacturer of construction and mining equipment, engines and gas turbines) from 1999 to January 2004. He previously served as a director of Newmont Mining Corporation and Inco Limited. Mr. Barton held numerous management positions with Caterpillar from 1961 to 2004, including responsibilities for operations in North America, South America, Latin America and Japan. Mr. Barton was formerly a global advisor to The Conference Board and formerly served as a director of the U.S.-Japan Business Counsel. Mr. Barton has a degree in civil engineering. His background in manufacturing and experience in international business is an asset for Valmont's board of directors. Mr. Barton has served as a director of the Company since October 2004. |
Kaj den Daas |
Mr. Kaj den Daas is an Independent Director of Valmont Industries Inc. He is retired in 2009 as Executive Vice President of Philips Lighting B.V. of the Netherlands (manufacturer of lighting fixtures and related components) and Chairman of its North American Lighting Operations. Mr. den Daas was responsible for oversight of the manufacturing, distribution, sales and marketing of Philips products in the United States, Canada and Mexico, with prior Philips experience in the Asia Pacific area. He serves on the board of directors of Lighting Science Group Corp. Mr. den Daas, a native of the Netherlands, has more than 30 years of international experience in the lighting industry. Mr. den Daas has been a director of the Company since October 2004. |
James Milliken |
Mr. James B. Milliken is Independent Director of Valmont Industries, Inc. He has been President of the University of Nebraska since August 2004. The University of Nebraska is a public university. Mr. Milliken led the University of Nebraska education efforts in China, India, Brazil and other countries. Mr. Milliken has a law degree from New York University, has served on the American Council on Education's Blue Ribbon Panel on global engagement, the Council on Foreign Relations Higher Education Advisory Group, and chairs a national commission on Innovation, Competitiveness and Economic Prosperity. Mr. Milliken has served as a director of the Company since December 13, 2011. |
Daniel Neary |
Mr. Daniel P. Neary is an Independent Director of Valmont Industries Inc. He has been Chairman and Chief Executive Officer of Mutual of Omaha (full service and multi-line provider of insurance and financial services) since December 2004. Mutual of Omaha's revenues were in excess of $5 billion in 2012. He was previously President of the Group Insurance business unit of Mutual of Omaha. Mr. Neary's training as an actuary and knowledge of the financial services industry provides background for board oversight of the Company's accounting matters. Mr. Neary has been a director of the Company since December 19, 2005. |
Catherine Paglia |
Ms. Catherine James Paglia is Independent Director of Valmont Industries, Inc. Ms. Paglia has been a director of Enterprise Asset Management, Inc., a New York based privately-held real estate and asset management company since September 1998. Ms. Paglia previously spent eight years as a managing director at Morgan Stanley, ten years as a managing director of Interlaken Capital, and served as chief financial officer of two public corporations. Ms. Paglia serves on the board of directors of the Columbia Funds and is a member of the board of trustees of the Carnegie Endowment for International Peace. Ms. Paglia has served as a director of the Company since February 21, 2012. |
Clark Randt |
Ambassador Clark T. Randt is an Independent Director of Valmont Industries Inc. He is currently President of Randt & Co. LLC (business consulting) and has lived and worked in Asia for more than thirty years. Ambassador Randt served as the United States Ambassador to the Peoples Republic of China from July 2001 to January 2009. He currently serves as a director of United Parcel Service, Inc. Ambassador Randt was formerly a partner with the international law firm of Shearman & Sterling in Hong Kong where he headed the firm's China practice. Ambassador Randt is a member of the New York bar association and was admitted to the Hong Kong bar association and has over 25 years of experience in cross-border corporate and finance transactions. He is a member of the Council on Foreign Relations. His international experience and knowledge of Asian business operations and experience with U.S. investment in China serves the Company well as it expands its operations in Asia. Ambassador Randt has served as a director of the Company since February 2009. |
Walter Scott |
Mr. Walter Scott Jr. is an Independent Director of Valmont Industries Inc. He has been Chairman of Level 3 Communications, Inc. (communications and information services) since March 1998. Mr. Scott previously served as Chairman of the Board and President of Peter Kiewit Sons', Inc. Mr. Scott is a director of Berkshire Hathaway, Inc. and MidAmerican Energy Holdings Company. He previously served as a director of Commonwealth Telephone Enterprises and Burlington Resources. Mr. Scott is a civil engineer with management experience of infrastructure construction operations at Kiewit. He has served as a director of the Company since April 1981. |
Jeff Laudin |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Mogens Bay |
7,005,770 |
Richard Heyse |
-- |
Todd Atkinson |
1,774,530 |
Mark Jaksich |
758,277 |
Vanessa Brown |
743,630 |
Brian Desigio |
677,227 |
Steven Kaniewski |
-- |
Walter Pasko |
-- |
Kenneth Stinson |
-- |
Glen Barton |
-- |
Kaj den Daas |
-- |
James Milliken |
-- |
Daniel Neary |
-- |
Catherine Paglia |
-- |
Clark Randt |
-- |
Walter Scott |
-- |
Jeff Laudin |
-- |
As Of 28 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Mogens Bay |
754,515 | 13,032,412 |
Richard Heyse |
0 | 0 |
Todd Atkinson |
0 | 0 |
Mark Jaksich |
66,860 | 756,325 |
Vanessa Brown |
2,266 | 182,637 |
Brian Desigio |
2,467 | 109,029 |
Steven Kaniewski |
0 | 0 |
Walter Pasko |
0 | 0 |
Kenneth Stinson |
0 | 0 |
Glen Barton |
0 | 0 |
Kaj den Daas |
0 | 0 |
James Milliken |
0 | 0 |
Daniel Neary |
0 | 0 |
Catherine Paglia |
0 | 0 |
Clark Randt |
0 | 0 |
Walter Scott |
0 | 0 |
Jeff Laudin |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
DESIGIO BRIAN J |
6,700 | $151.76 |
DESIGIO BRIAN J |
7,700 | $99.13 |
DEN DAAS KAJ |
892 | $0.00 |
BARTON GLEN A |
892 | $0.00 |
RANDT CLARK T JR |
892 | $0.00 |
SCOTT WALTER JR |
892 | $0.00 |
LEWIS STEPHEN R JR |
638 | $145.73 |
MILLIKEN JAMES B |
892 | $0.00 |
NEARY DANIEL P |
892 | $0.00 |
STINSON KENNETH E |
892 | $0.00 |
PAGLIA-JAMES CATHERINE B |
892 | $0.00 |
DEN DAAS KAJ |
351 | $146.34 |
RANDT CLARK T JR |
58 | $146.34 |
SCOTT WALTER JR |
4,000 | $19.75 |
SCOTT WALTER JR |
4,000 | $53.01 |
BAY MOGENS C |
14,601 | $160.37 |
STINSON KENNETH E |
4,000 | $53.01 |
STINSON KENNETH E |
4,000 | $19.75 |
BAY MOGENS C |
16,649 | $160.40 |
NEARY DANIEL P |
4,000 | $53.01 |
KANIEWSKI STEPHEN G |
270 | $0.00 |
DESIGIO BRIAN J |
346 | $0.00 |
ATKINSON TODD G |
1,363 | $0.00 |
BAY MOGENS C |
19,229 | $83.94 |
BAY MOGENS C |
14,830 | $85.32 |

