In 2023, Avner M. Applbaum earned $3.57M in total compensation at Valmont Industries, including $950.00K salary, $937.98K bonus and $1.60M in stock. Most recently acquired 4,726 shares in Dec 2023. Currently holds stock worth $9.31M. 2+ years at the helm of Valmont Industries.
Compensation History
Annual executive compensation data for Avner M. Applbaum, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$3.57M
Salary
$950.00K
Bonus
$937.98K
Other
$86.48K
Salary
$950.00KBoard Justification
Valmont's compensation programs are designed to attract, retain, and motivate executives while aligning their interests with those of shareholders through performance-based incentives.
Bonus
$937.98KBoard Justification
The annual incentive for 2023 was based 75% on net earnings improvement and 25% on revenue growth, with a payout of 121.3% of target for corporate executives.
Other Compensation
$86.48KBoard Justification
Includes contributions to the 401(k) plan and personal use of Company aircraft.
Restricted Stock
Board Justification
The long-term performance incentives for 2021-2023 were based on a combination of three-year average ROIC and cumulative compound operating income growth, resulting in a payout at 200% of target.
Performance Metrics
The performance metrics for 2023 included net earnings improvement and revenue growth.
Avner M. Applbaum
CEO of Valmont Industries
Education
Bachelor's degree in Accounting and Finance
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Industrials
Born
May 20, 1971 - 54 years ago
CEO of Valmont Industries for
2 years 4 months (Jul 2023 - Present)
Previous Experience
Chief Financial Officer and Chief Operating Officer of Double E Company
Other Valmont Industries CEOs
Holdings
Track Avner M. Applbaum's stock holdings and portfolio value over time.
Insider Trading
Avner M. Applbaum's recent stock transactions, purchases, and sales filed with the SEC.
4,726 shares
VMI
Dec 11, 2023
Received
5,778 shares
VMI
Feb 26, 2024
Received
1,133 shares
VMI
Jul 31, 2023
Received
5,002 shares
VMI
Feb 27, 2023
Received
904 shares
VMI
Dec 12, 2022
Received
1,796 shares
VMI
Feb 21, 2022
Received
1,144 shares
VMI
Dec 13, 2021
Received
1,428 shares
VMI
Dec 14, 2020
Received
979 shares
VMI
Mar 30, 2020
Received
Rivals
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