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SOURCE Valmont Industries, Inc.
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.
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