In 2023, Stephen G. Kaniewski earned $8.32M in total compensation at Valmont Industries, including $1.12M salary and $6.28M in stock. Most recently acquired 22,471 shares in Feb 2023. Currently holds stock worth $34.48M. Led Valmont Industries as CEO for 5 years.
Compensation History
Annual executive compensation data for Stephen G. Kaniewski, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$8.32M
Salary
$1.12M
Bonus
$0.00
Other
$914.91K
Salary
$1.12MBoard Justification
The compensation philosophy aims to attract, retain, and motivate executives while aligning their interests with those of shareholders through performance-based incentives.
Bonus
$0.00Board Justification
No bonus was awarded for the year 2023 as per the compensation structure.
Other Compensation
$914.91KBoard Justification
This includes severance payments and contributions to retirement plans as per the company's policy.
Restricted Stock
Board Justification
The stock awards that vested in 2023 include performance shares and restricted stock units that were previously granted and vested based on performance metrics and time served.
Performance Metrics
The performance metrics for 2023 included net earnings and revenue growth, with specific targets set for annual incentives.
Stephen G. Kaniewski
Ex-CEO of Valmont Industries
Education
Bachelor's degree in Engineering from the University of Nebraska-Lincoln
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Industrials
Born
April 20, 1967 - 58 years ago
CEO of Valmont Industries for
5 years 6 months (Dec 2017 - Jul 2023)
Previous Experience
Various positions within Valmont Industries, Inc.
Other Valmont Industries CEOs
Holdings
Track Stephen G. Kaniewski's stock holdings and portfolio value over time.
Total Stock Sold
$17.67M
$17.67M
71,308 VMI shares
What if they kept their stock?
If Stephen G. Kaniewski didn't sell their stock, today they would have:
Extra VMI71,308 shares worth $29.58M.
This is 67.43% and $11.92M more than what they got when they sold the stock.
Insider Trading
Stephen G. Kaniewski's recent stock transactions, purchases, and sales filed with the SEC.
22,471 shares
VMI
Feb 27, 2023
Received
4,015 shares
VMI
Dec 12, 2022
Received
$2.39M
VMI at $328.22/share
Nov 29, 2022
Sale
$3.27M
VMI at $270.41/share
Aug 2, 2022
Sale
$4.37M
VMI at $249.03/share
May 17, 2022
Sale
11,613 shares
VMI
Feb 21, 2022
Received
4,276 shares
VMI
Dec 13, 2021
Received
$2.24M
VMI at $245.57/share
Feb 26, 2021
Sale
$4.15M
VMI at $236.86/share
Feb 26, 2021
Sale
6,102 shares
VMI
Dec 14, 2020
Received
Rivals
Compare Stephen G. Kaniewski with competitor CEOs and industry peers.