OMAHA, Neb. - Valmont Industries, Inc. (NYSE:VMI) announced today the appointment of Paul Maass to its board of directors, effective today. The appointment increases the board to eleven members.
Maass has served as Chief Executive Officer of The Scoular Company since 2016. Scoular is a privately held global company with over $7 billion in annual sales, providing supply chain solutions across agricultural and biofuels markets through more than 100 offices and facilities worldwide. He also serves on Scoular's board of directors.
Before joining Scoular, Maass served as President of the Commercial Foods and Private Brands segments for Conagra Brands. He played a role in the creation of Ardent Mills, ConAgra's milling joint venture with Cargill and CHS Inc., and served as Chairman of its board of directors.
Maass currently serves on the board of directors of the Federal Reserve Bank of Kansas City and Lamb Weston Holdings, Inc.
"We are pleased to welcome Paul to Valmont's Board of Directors," said Mogens C. Bay, Valmont Chairman of the Board. "His deep understanding of agricultural markets, global supply chains and disciplined growth strategies, combined with his experience leading large, complex global organizations, will be a valuable asset to Valmont's Board."
Valmont provides products and solutions for infrastructure and agricultural productivity. The company has operations globally.The board expansion comes as Valmont trades at $456 with a market capitalization of $8.98 billion, though InvestingPro analysis suggests the stock is currently overvalued relative to its Fair Value. The company has demonstrated strong momentum with a 36% return over the past year and maintains a 47-year track record of consecutive dividend payments. InvestingPro offers deeper insights into VMI's financial health, which currently scores as "GOOD," along with access to comprehensive Pro Research Reports covering over 1,400 US equities.
This article is based on a press release statement from Valmont Industries.
In other recent news, Valmont Industries reported its fourth-quarter 2025 earnings, which slightly missed analyst expectations for earnings per share (EPS). The company posted an EPS of $4.92, falling short of the forecasted $4.96, resulting in a 0.81% negative surprise. However, Valmont's revenue for the quarter was $1.04 billion, which met market expectations. Additionally, DA Davidson raised its price target for Valmont Industries to $450 from $415, maintaining a Neutral rating. The firm highlighted strong momentum in Valmont's Infrastructure segment, particularly in the Utility division, as a positive factor. This strength in Infrastructure is helping to counterbalance ongoing challenges in the Agricultural segment. These recent developments provide investors with insights into Valmont Industries' current financial performance and market position.
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