Valmont Industries Announces Board Chair Retirement; Successor Named

What Happened

• Valmont Industries, Inc. filed an 8-K reporting that long-time Board member Mogens C. Bay informed the Board on July 27, 2026 that he will retire from the Board at the end of the Company’s fiscal year, December 26, 2026.
• Upon Mr. Bay’s retirement, Catherine J. Paglia, currently Vice Chair of the Board and Lead Independent Director, will succeed him as Board Chair.

Key Details

• Filing: Form 8-K (Item 5.02) filed July 28, 2026 (signature dated July 27, 2026).
• Retirement effective date: December 26, 2026 (end of Valmont’s fiscal year).
• Successor: Catherine J. Paglia (Vice Chair and Lead Independent Director) to become Board Chair.
• Filing signed by: John Schwietz, Executive Vice President and Chief Financial Officer.

Why It Matters

• This is a planned, announced leadership transition at the board level, providing investors clarity on governance succession.
• The change affects board leadership (Chair) but does not report any changes to executive management, financial results, or business operations in this filing.
• Investors tracking corporate governance and board stability should note the scheduled date and the named successor; no further action or timeline for additional board changes was disclosed.