L.B. Foster Company Reports Executive Changes and Compensation Details
Ticker: FSTR · Form: 8-K · Filed: May 3, 2024 · CIK: 352825
Sentiment: neutral
Topics: executive-changes, officer-appointment, compensation
Related Tickers: FSTR
TL;DR
FSTR shakes up exec team, new officers appointed, compensation details disclosed.
AI Summary
On April 30, 2024, L.B. Foster Company (FSTR) reported changes in its executive team, including the departure of Director John F. Donahue and the appointment of new officers. The company also disclosed compensatory arrangements for its named executive officers.
Why It Matters
Changes in executive leadership and compensation can signal shifts in company strategy or financial health, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Executive changes and compensation disclosures can introduce uncertainty about future leadership and financial strategy.
Key Players & Entities
- L.B. Foster Company (company) — Registrant
- John F. Donahue (person) — Departing Director
- April 30, 2024 (date) — Date of earliest event reported
- May 3, 2024 (date) — Date of Report
FAQ
Who has departed from the L.B. Foster Company's board or officer positions?
Director John F. Donahue has departed from the L.B. Foster Company.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is April 30, 2024.
What is the principal executive office address for L.B. Foster Company?
The principal executive office address is 415 Holiday Drive, Suite 100, Pittsburgh, Pennsylvania 15220.
What is the telephone number for L.B. Foster Company?
The telephone number for L.B. Foster Company is (412) 928-3400.
What is the SIC code for L.B. Foster Company?
The Standard Industrial Classification (SIC) code for L.B. Foster Company is 5051, which corresponds to Wholesale-Metals Service Centers & Offices.
Filing Stats: 416 words · 2 min read · ~1 pages · Grade level 10 · Accepted 2024-05-03 16:00:37
Key Financial Figures
- $0.01 — ich registered Common Stock, Par Value $0.01 FSTR NASDAQ Global Select Market Indi
Filing Documents
- fstr-20240430.htm (8-K) — 26KB
- 0000352825-24-000102.txt ( ) — 146KB
- fstr-20240430.xsd (EX-101.SCH) — 2KB
- fstr-20240430_lab.xml (EX-101.LAB) — 21KB
- fstr-20240430_pre.xml (EX-101.PRE) — 12KB
- fstr-20240430_htm.xml (XML) — 3KB
From the Filing
fstr-20240430 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) May 3, 2024 ( April 30, 2024 ) L.B. Foster Company (Exact name of registrant as specified in its charter) Pennsylvania 000-10436 25-1324733 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 415 Holiday Drive, Suite 100, 15220 Pittsburgh, Pennsylvania (Zip Code) (Address of principal executive offices) ( 412 ) 928-3400 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, Par Value $0.01 FSTR NASDAQ Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On April 30, 2024, Mr. William F. Treacy, Jr., Executive Vice President and Chief Growth Officer, notified L.B. Foster Company (the "Company") of his intention to retire from the Company effective June 30, 2024. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. L.B. FOSTER COMPANY (Registrant) Date: May 3, 2024 /s/ Patrick J. Guinee Patrick J. Guinee Executive Vice President, General Counsel, and Corporate Secretary