Female director is a first for Valmont - Omaha.com
Published Thursday, February 23, 2012 at 1:00 am / Updated at 12:03 pm
Female director is a first for Valmont

For the first time in Valmont Industries' 66-year history, the company has appointed a woman to its board of directors.

The Valley-based producer of communication and utility equipment, center-pivot irrigation systems and highway safety equipment this week added Catherine J. Paglia to its board.

The move marks another Omaha-based Fortune 500 or Fortune 1000 company employing at least one woman on its board. In addition to Valmont, the other local companies with female board members are Berkshire Hathaway (2), ConAgra Foods (2), Mutual of Omaha (1), Union Pacific (1) and TD Ameritrade (1).

Three companies remain with all-male boards: Peter Kiewit Sons' Inc., Werner Enterprises and West Corp.

According to the Omaha Women's Fund, women held just 14 percent of board positions at for-profit organizations in 2011.

A Valmont spokesman maintained that gender played no role in adding Paglia to the company's board. "The members are picked for what they bring to the board," said Jeff Laudin, the company spokesman.

But this isn't the first time Paglia, a Wall Street veteran, has been the first woman to break into a corporation's ring of influence. During her eight years with Morgan Stanley & Co. she became the first woman to serve as a managing director in the company's 53-year history.

Paglia said she has always been a "huge believer" in women serving in leadership positions.

"I'm happy to be able to represent women in whatever way I can," she said.

Paglia said she was excited to serve on the board of a Nebraska-based company because both of her parents were born in the Cornhusker State. Her mother was raised in Omaha.

Paglia has spent most of her career in corporate finance with experience in mergers and acquisitions and investments, Valmont's chief executive and board chairman, Mogens Bay, said in a press release. She currently is a director of Enterprise Asset Management, a privately-held real estate company in New York City. She also serves on the boards for Columbia Funds, Carleton College and the Carnegie Endowment for International Peace.

Contact the writer:

402-444-1414, ross.boettcher@owh.com

twitter.com/rossboettcher

USDA official tours Waverly ranch as disaster assistance program begins
Program gets students with disabilities on the job, ready for future “This is no charity. If they’re getting the job, they’re doing the work.” David Scott, Embassy Suites sales director
New First Data Corp. board member is latest JPMorgan alum
Original Recipe or Extra Crispy? Don't be chicken! Wear your dinner to prom with a KFC corsage
$600 million effort job-training effort to focus on skill sets
New tenant moves in at old Omar Baking
In brief: Bitcoin exchange faces liquidation
Summer concerts to start May 30 at Shadow Lake Towne Center in Papillion
Fed survey sees growth across U.S.
Janet Yellen signals that interest rates will remain low
Special Mustang to honor pony car at 50
Spring planting off to slow start
Garbo’s Salon at Midtown Crossing to expand, add loft
Indoor play center Go Kids’ Gym opens at 120th and I
Community woodworking space Bench will move to warehouse at 12th and Nicholas
Stationery store set to open in Lincoln's Haymarket district
Jon Barker replaces Hayneedle co-founder Doug Nielsen as chief executive
Technology – including Google Glass – gets a try-on at Omaha Infotec conference
GROW Nebraska plans entrepreneurship conference
Google applies for patent for camera in contact lens
Caterer's move to downtown Omaha warehouse means new jobs, event center
Crew working to disassemble International Nutrition plant
Six nonprofits benefit from Walmart grants
New Hastings business helps your personal history live on
Alibaba stake fuels Yahoo stock’s rise
Deadline Deal thumbnail
Dr. Welbes Natural Health Clinic
$129 for 2 LipoLaser Sessions with Additional Complimentary Services ($605 value)
Buy Now
< >
SPOTLIGHT »
Inside Business
To submit an announcement for "Inside Business", click here. For questions call (402) 444-1371 or e-mail announcements@owh.com.
WORLD-HERALD ALERTS »
Want to get World-Herald stories sent directly to your home or work computer? Sign up for Omaha.com's News Alerts and you will receive e-mails with the day's top stories.
Can't find what you need? Click here for site map »