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Valmont Appoints Thomas Liguori as Chief Financial Officer

OMAHA, Neb. — Valmont Industries, Inc., a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, announced Aug. 22, 2024 that Thomas Liguori will join the Company as Executive Vice President and Chief Financial Officer, effective immediately. Mr. Liguori will lead the global finance and accounting organization, reporting to Avner M. Applbaum, President and Chief Executive Officer.

Mr. Liguori has more than 30 years of finance experience with a proven track record of creating value, including significant experience as the CFO for multiple public companies. Most recently, he was CFO of Fortna LLC, a private-equity-backed designer and builder of advanced distribution centers for ecommerce and omnichannel distribution. Before joining Fortna, Mr. Liguori was the CFO of Avnet, a Fortune 200 global semiconductor distributor, where he played a key role in transforming the company to achieve higher growth and profitability, including initiatives to improve working capital and enhance operating efficiencies. He has experience across a diverse range of industries, including manufacturing, distribution and technology.

“I am excited to have Tom join our executive leadership team and partner with me as we move our strategy forward,” Mr. Applbaum commented. “His extensive public-company experience leading global finance organizations, with demonstrated success creating value for shareholders and developing talent across the finance function, will be a great addition to Valmont. Tom has a proven track record of executing strategy and deploying a sound capital allocation framework while driving growth and margin expansion. I look forward to his contribution to our success.”

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