Omaha, Neb. — Valmont Industries, a global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today announced that Avner Applbaum will join the Company as executive vice president and chief financial officer, effective March 30, 2020.

In this role, he will develop and implement financial strategy for the Company and have oversight of all financial activities, including accounting and controllership, financial planning and analysis, tax, treasury, audit and investor relations, as well as the Company’s IT function. Applbaum succeeds Mark Jaksich, who previously announced his plans to retire and will remain with the Company until Dec. 26, 2020 to ensure a smooth transition.