VALMONT INDS INC (VMI)
Sector: Industrials
Sector: Industrials
VALMONT INDS INC - Executive Compensation
Group President Agriculture
Executive Compensation
Darryl Matthews serves as Group President of Agriculture at Valmont Industries Inc., overseeing the company's global agriculture division, which specializes in precision irrigation systems, advanced water management solutions, and infrastructure for large-scale farming operations. With more than 25 years of experience in the agriculture and industrial manufacturing sectors, Matthews joined Valmont in 2015 after holding senior executive positions at leading agribusiness firms, including roles in operations and business development at Lindsay Corporation and John Deere. His early career began as an agricultural engineer, where he focused on optimizing irrigation technologies to enhance crop yields and resource efficiency in water-scarce regions. Under Matthews' leadership, Valmont's Agriculture group has achieved significant milestones, including the expansion of its market share in emerging markets like Latin America and Asia-Pacific through innovative products such as remote-controlled center pivots and data-driven precision agriculture tools. He spearheaded the integration of IoT and AI technologies into irrigation systems, resulting in a 20% increase in operational efficiency for clients and contributing to Valmont's record revenues in the sector. Matthews has been recognized with industry awards, including the Irrigation Association's Leadership Award, for his contributions to sustainable farming practices amid climate challenges. In his current role, Matthews drives strategic growth initiatives, fostering partnerships with agritech startups and advocating for water conservation policies. He plays a pivotal role in Valmont's commitment to ESG principles, ensuring the agriculture division aligns with global sustainability goals while delivering shareholder value through robust financial performance and technological innovation.