OMAHA, Neb., Oct. 28, 2019 /PRNewswire/ -- Valmont Industries,
Inc. (NYSE: VMI) today announced the
appointment of Richard "Rick" Lanoha to its Board of Directors,
effective October 28, 2019.
Mr. Lanoha is currently President and Chief Operating Officer of
Kiewit Corporation, a Fortune 500 company headquartered in
Omaha, NE and one of the largest
construction and engineering organizations in North America. Since joining Kiewit in 1986,
Mr. Lanoha has held several progressive leadership roles, including
executive vice president of Kiewit Industrial Group, with
responsibilities for the Kiewit Energy, Cherne Contracting
Corporation, Kiewit Power and The Industrial Company (TIC)
divisions. He became president of Kiewit Energy Group in 2012, and
was promoted to his current role in 2016. Mr. Lanoha will assume
the role of Kiewit's chief executive officer in January 2020.
Commenting on the appointment, Mogens C.
Bay, Valmont Chairman of the Board said, "We welcome
Rick Lanoha to Valmont's Board. His
decades of knowledge and experience leading engineering and
infrastructure development, specifically in the transportation and
energy markets, make him an important Board addition as we execute
on our global growth strategies."
Added Mr. Lanoha, "I am pleased to have the opportunity to join
the Valmont Board at a very exciting time for the Company. Valmont
is a recognized leader in infrastructure and agriculture markets,
with an impressive vision and strategy around global market
expansion, sensible capital allocation, and a culture supported by
strong core values. I look forward to actively contributing to the
Board."
About Valmont
Valmont is a global leader, designing and manufacturing
engineered products that support global infrastructure development
and agricultural productivity. Its products for infrastructure
serve highway, transportation, wireless communication, electric
transmission, and industrial construction and energy markets. Its
irrigation equipment for large scale agriculture improves farm
productivity while conserving fresh water resources. In addition,
Valmont provides coatings services that protect against corrosion
and improve the service lives of steel and other metal
products.
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SOURCE Valmont Industries, Inc.