logo
Atkore Inc. Announces CEO's Decision to Retire

Atkore Inc. Announces CEO's Decision to Retire

Business Wire05-08-2025
HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. ('Atkore') (NYSE: ATKR) today announced that William (Bill) Waltz, Chief Executive Officer and President, has informed the Atkore Board of Directors of his decision to retire from the Company. Mr. Waltz plans to serve in his roles until a successor is appointed.
The Atkore Board is engaged in its succession plan process to identify the Company's next CEO.
On his upcoming retirement, Mr. Waltz said, 'I have been part of Atkore's leadership team for 12 years, including seven as CEO. Leading Atkore truly has been the honor and privilege of my 40-year business career. I'm proud of our company's achievements to date, including expanding our capabilities to capture opportunities from global megatrends and instilling a culture of discipline and excellence by leveraging the Atkore Business System. Atkore has a strong foundation in place in large part due to our dedicated and talented employees. I am committed to continuing to execute our strategy and drive improved performance for the benefit of all our stakeholders. While I'm not going anywhere just yet, I look forward to spending more time with my family upon my retirement.'
'On behalf of the Board, I want to thank Bill for his tireless energy, hard work and accomplishments over his tenure with the Company and as CEO,' said Michael Schrock, Chairman of Atkore's Board of Directors. 'Under his leadership, Atkore has built a diverse portfolio of products and solutions to meet increased demands for electrification and digitization, all while delivering value to our employees, customers and shareholders. His conviction to Atkore's mission of 'being the customer's first choice' is equally shared among the rest of the Atkore executive team, and together, they will continue to drive the business forward and facilitate a smooth transition to a new CEO.'
In a separate press release issued today, Atkore announced financial results for the third quarter of fiscal year 2025. The Company will hold a conference call and live webcast to discuss these results at 8:00 a.m. Eastern Time on August 5, 2025.
About Atkore Inc.
Atkore is a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications. With 5,600 employees and $3.2B in sales in fiscal year 2024, we deliver sustainable solutions to meet the growing demands of electrification and digital transformation. To learn more, please visit www.atkore.com.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Cathie Wood Snaps Up Millions in Block, Dumps Shopify
Cathie Wood Snaps Up Millions in Block, Dumps Shopify

Yahoo

time14 minutes ago

  • Yahoo

Cathie Wood Snaps Up Millions in Block, Dumps Shopify

Aug 12 - Cathie Wood's ARK funds bought heavily into Block (NYSE:XYZ) on August 11, scooping up roughly $19.2 million worth of shares and signaling a buy the dip move for the fintech name. ARK's flagship ARKK acquired 152,980 Block shares, ARKW added 69,526, and ARKF bought 39,957, according to ARK's daily trade disclosures. The group also expanded its stakes in biotech and data names, adding 1,415 shares of CRISPR Therapeutics (NASDAQ:CRSP), 59,880 shares of Personalis (NASDAQ:PSNL), and 23,970 shares of Compass Pathways (NASDAQ:CMPS). At the same time, ARK trimmed exposure to Shopify (NASDAQ:SHOP), selling 69,973 shares for about $10.3 million after the stock rallied post-earnings. Guardant Health (NASDAQ:GH) saw additional selling as Wood continues a recent reduction there. Warning! GuruFocus has detected 5 Warning Sign with XYZ. ARK's Block purchases stand out: the funds had been trimming Block earlier as the stock rallied, and this latest accumulation comes at a pullback near $73, offering ARK a lower entry. Block's solid Q2 gross profit beat and ARK's overall posture, rotating into fintech and selective biotech names while locking profits in others, highlights Wood's tactical portfolio tilts. This article first appeared on GuruFocus.

SLQT Investors Have Opportunity to Lead SelectQuote, Inc. Securities Fraud Lawsuit with the Schall Law Firm
SLQT Investors Have Opportunity to Lead SelectQuote, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Business Wire

time15 minutes ago

  • Business Wire

SLQT Investors Have Opportunity to Lead SelectQuote, Inc. Securities Fraud Lawsuit with the Schall Law Firm

LOS ANGELES--(BUSINESS WIRE)-- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against SelectQuote, Inc. ('SelectQuote' or 'the Company') (NYSE: SLQT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between September 9, 2020 and May 1, 2025, inclusive (the 'Class Period'), are encouraged to contact the firm before October 10, 2025. If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at or by email at bschall@ The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. According to the Complaint, the Company made false and misleading statements to the market. SelectQuote directed Medicare beneficiaries to plans from providers who paid it the most, ignoring the suitability of the plan to its customer. The Company failed to provide unbiased comparison shopping for Medicare Advantage plans. The Company received kickbacks to steer Medicare customers to certain insurers while limiting enrollment to their competitors. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about SelectQuote, investors suffered damages. Join the case to recover your losses. The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

Modives and Venn Launch First All-Digital, 360° Insurance Coverage Solution for Multifamily Housing
Modives and Venn Launch First All-Digital, 360° Insurance Coverage Solution for Multifamily Housing

Business Wire

time15 minutes ago

  • Business Wire

Modives and Venn Launch First All-Digital, 360° Insurance Coverage Solution for Multifamily Housing

CHARLOTTE, N.C.--(BUSINESS WIRE)--Modives, the leader in live insurance verification, monitoring, and remediation, has partnered with Venn, the intelligent resident operating system, to create the first comprehensive insurance coverage solution for multifamily homes. "We're not just verifying insurance, we're reducing risk," said Modives CEO Frederick Waite. The groundbreaking collaboration connects Modives' CheckMy Resident platform with Venn's operating system, allowing renters insurance to be verified and monitored instantly through direct carrier data. If a coverage gap is found, residents can enroll in a master liability or renters insurance policy on the spot without leaving the platform. Because this functionality is built into the same interface residents and property teams already use, adoption is high and workflows remain unchanged. Property managers gain real-time compliance monitoring, while residents get seamless access to coverage options. "We're not just verifying insurance, we're reducing risk," said Modives CEO Frederick Waite. "Our integration with Venn turns compliance into a value-add, protects every property, and eliminates the historical friction around insurance between residents and management." Insurance compliance has long been a broken process in property management, with antiquated systems relying on manual review of mailed notifications. Current offerings are often plagued with delays and unreliable data. CheckMy Resident brings insurance verification and monitoring into the AI Age, directly addressing these challenges by delivering instant verification of live insurance data straight from the source, coupled with ongoing monitoring throughout the entire lease term. The automated process reviews whether renters' coverage is active, accurate, and adequate, all through CheckMy Resident's compliant and secure platform. When coverage lapses, Modives empowers residents with clear options: they can easily upload a new policy, purchase renters insurance quickly through embedded digital options, or be automatically enrolled in a master liability program, ensuring continuous protection for both residents and properties. This partnership perfectly aligns with Venn's mission to power the resident journey from first touch to long-term retention—with data, automation, and seamless experience across the board. By embedding crucial insurance workflows directly into its intelligent resident operating system, Venn eliminates administrative burdens for property managers and offers residents an easy, transparent path to compliance and protection. "At Venn, we believe in the power of thoughtfully designed integrations," says Oz Ganon, Head of Partnership at Venn. "When we partner with the right technology providers, like Modives, we're not just adding features, we're creating a shared ecosystem that drives exponential growth. By embedding the best solutions seamlessly into the resident journey, we enable faster adoption, higher engagement, and greater value for everyone involved."

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store