Valmont names new executive leadership

Omaha-based Valmont Industries recently appointed Thomas Liguori executive vice president and CFO, effective immediately.

Liguori will lead the global finance and accounting organization. He will report to Avner Applbaum, president and CEO. Liguori brings over 30 years of finance experience to his new role.

Prior to joining Valmont, Liguori served as the CFO of Fortna LLC. He previously served as the CFO of Avnet, a global semiconductor distributor. Liguori has experience across a diverse range of industries, including manufacturing, distribution and technology.

“The opportunity to work alongside the executive team to advance our strategy and achieve sustainable, profitable growth is incredibly exciting,” Liguori said in a press release. “I look forward to working with the team to help drive operating efficiencies while pursuing growth.”

Liguori earned a bachelor’s degree in business from Boston University and an MBA from Arizona State University. He completed the Stanford University Strategic CFO Program. Liguori is a certified management accountant.

“I am excited to have Tom join our executive leadership team and partner with me as we move our strategy forward,” Applbaum said. “Tom has a proven track record of executing strategy and deploying a sound capital allocation framework while driving growth and margin expansion.”

Timothy Francis has served as interim CFO and acting chief accounting officer since July 2023. Francis will remain with Valmont as its chief accounting officer.

“Since joining us in 2014 as corporate controller, Tim has proven himself time and again, earning the respect of his finance and operations colleagues across the organization,” Applbaum said.

Valmont Industries provides products for the agriculture and infrastructure industries. The company serves the utility, lighting and transportation, telecom, solar and ag tech markets. Valmont Industries manufactures products in 84 facilities, including a facility in Elkhart.

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