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The latest announcement is out from Valmont (VMI).
Valmont Industries, Inc. has announced the departure of Aaron M. Schapper, its Group President of Agriculture and Chief Strategy Officer, with a transition agreement in place. Schapper will continue to receive his salary and health benefits until the end of his term, along with a severance package, vested stocks, and the possibility of prorated incentives based on the company’s performance. However, he will not receive new incentive grants, and any unvested stock options will be forfeited after December 28, 2024.
Learn more about VMI stock on TipRanks’ Stock Analysis page.
