Northwest Pipe Co. announced that Michelle Galanter Applebaum, a well-known retired equity analyst and former Salomon Brothers/Citigroup Managing Director, has been elected to Northwest Pipe Company's board of directors. Applebaum has over 30 years of experience in capital markets.

She joined Salomon Brothers in 1981 and became #1 ranked in steel equity analysis in 1988 and promoted to Managing Director in 1994. Over the years, her analytical work won many accolades and awards. While at Salomon, Michelle was part of a team that built and ran the firm's steel investment bank, which was a top advisor to the sector for nearly a decade.

After leaving the firm in 2003, Ms. Applebaum built one of the first and most successful "independent" equity research advisory boutiques. Michelle recently retired and is currently teaching finance part-time at Lake Forest College in Chicago.