Sundar PichaiSundar Pichai earned $164M in 2023

Stephen G. Kaniewski is a seasoned executive with a background in engineering, having earned his Bachelor's degree at the University of Nebraska-Lincoln. He became the CEO of Valmont Industries in December 2017 and led the company until July 2023. During...

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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.

Holdings

See how much did Stephen G. Kaniewski make over time.

Stephen G. Kaniewski's holdings in Valmont Industries showcased his significant involvement in the company's growth. Throughout 2019 to 2023, he engaged in substantial insider trading, particularly in 2023, reflecting confidence in the company’s direction. For instance, in March 2023 alone,...

Mar 18, 2025

Total Stock Sold

$17.67M

VMI

$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 $8.59M.
This is -51.36% and $9.08M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Stephen G. Kaniewski.

VMI

22,471 shares

VMI

Feb 27, 2023

Received

VMI

4,015 shares

VMI

Dec 12, 2022

Received

VMI

$2.39M

VMI at $328.22/share

Nov 29, 2022

Sale

VMI

$3.27M

VMI at $270.41/share

Aug 2, 2022

Sale

VMI

$4.37M

VMI at $249.03/share

May 17, 2022

Sale

VMI

11,613 shares

VMI

Feb 21, 2022

Received

VMI

4,276 shares

VMI

Dec 13, 2021

Received

VMI

$2.24M

VMI at $245.57/share

Feb 26, 2021

Sale

VMI

$4.15M

VMI at $236.86/share

Feb 26, 2021

Sale

VMI

6,102 shares

VMI

Dec 14, 2020

Received

Compensation History

See how much did Stephen G. Kaniewski make over time.

Stephen G. Kaniewski's compensation as the CEO of Valmont Industries was structured to align with the company's performance. In 2023, his total compensation was around $7.1 million, which included a base salary of $1.1 million and significant amounts from vested stock that totaled over $6 million. It's interesting to note that he received no bonuses during this time, showing a conservative approach to additional incentives. In previous years, such as 2021, his total compensation peaked at over $7.3 million, driven by high performance but normally included bonuses linked directly to set targets. This pattern illustrates how Valmont's incentive structures were firmly rooted in performance metrics, reflecting a broader corporate strategy focused on growth and shareholder value. Kaniewski's pay package exemplified the growing trend in executive compensation to closely tie earnings to company performance, creating a direct incentive for him to lead the company successfully.

Year

2023

Total Compensation

$8.32M

Salary

$1.12M

Board Justification

The compensation philosophy aims to attract, retain, and motivate executives while aligning their interests with those of shareholders through performance-based incentives.

Bonus

$0.00

Board Justification

No bonus was awarded for the year 2023 as per the compensation structure.

Other

$914.91K

Board Justification

This includes severance payments and contributions to retirement plans as per the company's policy.

Restricted Stock

$6.28M(2.67M RSU)

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.

Other Valmont Industries CEOs

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