Valmont Industries appoints William E. Johnson as chief accounting officer

Valmont Industries (NYSE:VMI), an $8.28 billion market cap company with a "GREAT" financial health rating according to InvestingPro, announced the appointment of William E. Johnson as chief accounting officer, effective Monday. The company disclosed the leadership change in a statement based on a filing with the Securities and Exchange Commission.

Johnson, age 44, joins Valmont after serving as senior vice president and corporate controller (principal accounting officer) at Conagra Brands from July 2023 to October 2025. He previously held the role of assistant controller at Conagra Brands beginning in September 2019. Earlier in his career, Johnson worked at KPMG in positions of increasing responsibility from 2005 to 2018. He holds a master’s degree in accounting from the University of Missouri-Columbia.

Timothy P. Francis, who has served as chief accounting officer of Valmont since September 2024, will assist in the transition of duties and will focus on supporting executive management of Valmont’s Infrastructure segment.

Details regarding Johnson’s compensation were included in an exhibit to the SEC filing.

Valmont Industries is a Delaware-incorporated company headquartered in Omaha, Nebraska. Its common stock is listed on the New York Stock Exchange under the ticker VMI.

In other recent news, Valmont Industries reported its third-quarter 2025 earnings, surpassing market expectations. The company’s earnings per share were $4.98, exceeding the forecast of $4.62, which represents a 7.79% surprise. Additionally, Valmont’s revenue reached $1.05 billion, slightly above the anticipated $1.03 billion. Following these results, Stifel raised its price target for Valmont Industries to $475 from $450, maintaining a Buy rating, citing growth in the utility sector. Valmont also increased its full-year 2025 EPS guidance by $0.60 at the midpoint. Meanwhile, DA Davidson adjusted its price target for the company to $415 from $400, keeping a Neutral rating. This adjustment reflects a more conservative outlook for Valmont’s Agriculture segment in 2026, along with new estimates for 2027 earnings and EBITDA. These developments highlight Valmont’s strong performance and the varied perspectives of analysts on its future prospects.

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