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FSTR > SEC Filings for FSTR > Form 8-K on 1-Apr-2014All Recent SEC Filings

Show all filings for FOSTER L B CO

Form 8-K for FOSTER L B CO


1-Apr-2014

Change in Directors or Principal Officers


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On March 31, 2014, Donald L. Foster, Senior Vice President, Construction Products, notified L. B. Foster Company (the "Company") of his intention to retire effective June 20, 2014.

Commenting upon Mr. Foster's retirement, Robert P. Bauer, President and Chief Executive Officer of the Company, stated, "It is my distinct pleasure to recognize Don Foster for the leadership he has provided to L. B. Foster's Construction Business, and announce his retirement. Don has decided to retire in June of this year after a 10-year career with the Company. On behalf of the entire management team and the Board of Directors, I want to express our sincere appreciation to Don for the contribution he has made. Don has continually driven improvements that are in the best interest of the business, our shareholders, and his employees. He led a business that has achieved market leadership positions and is among the most respected in the industry. He has initiated several new growth and service programs in the last year aimed at creating value and building an even stronger business that is well positioned for the future. With a positive market outlook and an ever-improving business climate, Don has felt that this is the right time for a management transition and for his family to begin the next chapter of their life. This decision caps off a 35-year career in which Don has become well known and respected in the industry."


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