Valmont Appoints Paul Maass to Board

Valmont Industries, Inc. Appoints Paul Maass to Its Board of Directors Effective

Valmont Industries, Inc. (NYSE: VMI), a global provider of engineered products and solutions that support critical infrastructure development and advance agricultural productivity, has announced the appointment of Paul Maass to its Board of Directors, effective February 23, 2026. The addition of Maass further strengthens the company’s governance framework and reinforces its long-term commitment to disciplined growth, operational excellence, and shareholder value creation.

With this appointment, Valmont’s Board expands to eleven members, reflecting the company’s continued focus on assembling a diverse and experienced leadership body capable of guiding the organization through evolving global market dynamics. Maass brings decades of executive leadership experience in agribusiness, supply chain management, and large-scale organizational transformation—capabilities that closely align with Valmont’s strategic priorities in agriculture and infrastructure.

Strengthening Governance and Strategic Oversight

Valmont Chairman of the Board, Mogens C. Bay, welcomed Maass to the Board and emphasized the strategic importance of his appointment. According to Bay, Maass’ extensive background in global agricultural markets and complex supply chain networks positions him well to contribute meaningful insights as Valmont continues to execute its long-term growth strategy.

Bay highlighted Maass’ track record of leading large, multifaceted organizations and implementing disciplined operational frameworks designed to drive performance and sustainable expansion. His experience in overseeing international operations and navigating competitive global markets is expected to provide valuable guidance as Valmont continues to invest strategically across its agricultural irrigation systems, infrastructure solutions, and international business operations.

The Board’s expansion underscores Valmont’s dedication to strong corporate governance and effective oversight. By adding directors with deep industry expertise and operational leadership experience, the company aims to maintain a forward-looking governance structure capable of responding proactively to industry shifts, regulatory developments, and emerging growth opportunities.

Leadership Experience at The Scoular Company

Since 2016, Paul Maass has served as Chief Executive Officer of The Scoular Company, a 133-year-old privately held global agribusiness company headquartered in Omaha, Nebraska. Generating more than $7 billion in annual sales, Scoular operates through over 100 offices and facilities worldwide, delivering diversified supply chain solutions across agricultural commodities and biofuels markets.

As Scoular’s first external CEO, Maass led a significant strategic transformation aimed at modernizing the organization while preserving its long-standing legacy. Under his leadership, the company sharpened its focus on innovation, portfolio expansion, and operational agility. He implemented structural and cultural initiatives designed to strengthen collaboration, enhance technology adoption, and align business units with evolving market demands.

Maass’ tenure at Scoular has been characterized by a commitment to long-term value creation, disciplined capital allocation, and strategic portfolio development. His experience overseeing global logistics networks, risk management frameworks, and commodity trading operations provides a comprehensive understanding of the interconnected agricultural value chain—an area directly relevant to Valmont’s irrigation and agricultural technology businesses.

Prior Executive Roles at Conagra Brands

Before joining Scoular, Maass held senior leadership roles at Conagra Brands, one of North America’s leading packaged food companies. He served as President of the Commercial Foods and Private Brands segments, where he was responsible for driving growth, optimizing product portfolios, and strengthening supply chain efficiency across diverse food categories.

During his time at Conagra, Maass played a key role in the formation of Ardent Mills, a flour milling joint venture created in partnership with Cargill and CHS Inc.. The establishment of Ardent Mills represented a significant strategic initiative aimed at enhancing operational scale, improving milling efficiencies, and strengthening market competitiveness. Maass later served as Chairman of the Ardent Mills Board of Directors, guiding the venture through its formative growth phase.

His involvement in the creation and governance of Ardent Mills reflects his ability to navigate complex joint ventures and multi-stakeholder partnerships—experience that aligns closely with Valmont’s global operations and collaborative business model.

Broader Board and Civic Engagement

In addition to his executive leadership roles, Maass currently serves on the Board of Directors of the Federal Reserve Bank of Kansas City, where he contributes insights on economic trends, regional development, and financial system stability. His perspective on macroeconomic conditions and market cycles further enhances his strategic value as a board member.

He also serves on the Board of Directors of Lamb Weston Holdings, Inc., a leading global supplier of frozen potato products. Through this role, Maass continues to contribute governance expertise and industry insight within the food and agribusiness sectors.

Beyond his corporate board service, Maass is actively involved in civic and advisory organizations across business, education, and community initiatives. His broad engagement demonstrates a commitment to leadership development, community advancement, and responsible corporate citizenship—values that align closely with Valmont’s own corporate culture.

Strategic Alignment with Valmont’s Growth Vision

Valmont’s core mission centers on providing solutions that support resilient infrastructure and improve agricultural productivity worldwide. With operations spanning irrigation equipment, utility support structures, telecommunications infrastructure, and coatings services, the company operates at the intersection of global food security and infrastructure modernization.

Maass’ experience managing global agribusiness operations, optimizing supply chains, and executing disciplined growth strategies complements Valmont’s focus on operational excellence and strategic investment. His familiarity with international markets and complex logistics systems is particularly relevant as Valmont continues expanding its global footprint and advancing technology-driven agricultural solutions.

The company’s leadership emphasized that Maass’ perspective will help guide long-term decision-making, capital allocation, and risk management as Valmont navigates evolving agricultural demand, infrastructure investment cycles, and global economic conditions.

Commitment to Long-Term Value Creation

Upon his appointment, Maass expressed enthusiasm about joining Valmont’s Board of Directors and contributing to the company’s continued growth. He acknowledged Valmont’s strong leadership positions in agriculture and infrastructure, noting that its global operating footprint and engineering expertise create a compelling platform for sustained value creation.

Maass indicated that he looks forward to collaborating with fellow board members and the management team to support the execution of Valmont’s strategic objectives. His focus on disciplined growth, innovation, and operational efficiency mirrors the company’s long-standing approach to building durable competitive advantages.

The expansion of Valmont’s Board to eleven members reflects a deliberate effort to enhance governance capabilities while maintaining a diverse mix of expertise across agriculture, infrastructure, finance, and global operations. As the company continues investing in advanced irrigation technologies and infrastructure solutions, the addition of seasoned leaders such as Paul Maass strengthens its ability to pursue growth opportunities while maintaining prudent oversight.

With deep roots in agribusiness leadership, experience guiding multinational operations, and a strong record of board governance, Maass’ appointment marks a significant step in Valmont’s ongoing evolution. The company’s leadership remains focused on leveraging this expanded expertise to advance its mission, strengthen its global presence, and deliver long-term returns to shareholders.

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