FSTR - Leadership updates

PITTSBURGH, May 21, 2026 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ:FSTR), a global technology solutions provider of products and services for the Rail and Infrastructure markets, announced today that, effective June 1, 2026, its Board of Directors has promoted certain executive officers. John F. Kasel, President and Chief Executive Officer of the Company, remarked, "In continuation of the Company's efforts to drive stockholder return and leverage talent, I am pleased to announce the promotion of three key employees to work on enhancing our performance, increasing shareholder return, and driving our strategy. Bill Thalman, Sean Reilly, and T.J. Curran have been instrumental in our wo

Culp, Inc. (the Company) (NYSE:CULP) today announced that it has entered into a cooperation agreement with 22NW, LP, one of the Company's largest shareholders. Pursuant to the agreement, the Company will add Mr. Alexander B. Jones to the board, effectively immediately, and Mr. Jones will serve as a nominee to its slate of directors at the September 2024 Annual Shareholders Meeting. Mr. Jones is a Vice President and Sr. Research Analyst at 22NW where he oversees the firm's investments in the industrials, materials, and consumer sectors. Mr. Jones is currently an Independent Director at the L.B Foster Company, (NASDAQ:FSTR). Franklin Saxon, Culp, Inc. Chairman of the Board of Directors, c

PITTSBURGH, Dec. 02, 2022 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ:FSTR), a global solutions provider of products and services for the rail and infrastructure markets, announced today that Ms. Janet Lee has been appointed to the Company's Board of Directors effective January 1, 2023, following the retirements of Ms. Suzanne B. Rowland and Robert S. Purgason on December 31, 2022. Ms. Lee brings a wide range of knowledge and skills to the board that includes more than three decades of legal experience in both private practice and in global, public companies leading up to her current position of Vice President, General Counsel, and Secretary of ANSYS, Inc. (NASDAQ:ANSS), in which capa

PITTSBURGH, June 15, 2022 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ:FSTR), a leading manufacturer and distributor of products and provider of services for transportation and energy infrastructure, announced today that Raymond T. Betler has been appointed as the Chairman of the Company's Board of Directors effective June 2, 2022. Mr. Betler was previously appointed to the Board of Directors on August 3, 2020, where he brought a wide range of knowledge and skills to the board. He is replacing Lee B. Foster II as Chairman of the Board of Directors for L.B. Foster Company who retired on June 2, 2022. Mr. Betler's experience includes more than four decades in the transportation industry

PITTSBURGH, June 25, 2021 (GLOBE NEWSWIRE) -- L.B. Foster Company (the "Company") (NASDAQ:FSTR), announced today that Mr. Robert P. Bauer is retiring from the Company after serving as its President and Chief Executive Officer since 2012. The decision is the culmination of a comprehensive CEO succession planning process resulting in the appointment of Mr. John F. Kasel as the Company's next President and CEO, effective July 21, 2021, and his election as a member of the Board of Directors with his term commencing on that same date. Mr. Kasel has held senior management positions with L.B. Foster for 18 years, most recently serving as the Chief Operating Officer. In order to ensure a seamless

PITTSBURGH, Feb. 19, 2021 (GLOBE NEWSWIRE) -- L.B. Foster Company (the “Company”) (NASDAQ: FSTR), has appointed Mr. William (Bill) M. Thalman as Senior Vice President and Chief Financial Officer of the Company, effective March 1, 2021. Mr. Thalman brings to the company considerable experience from a successful career in finance and operating positions. Mr. Thalman was previously employed by Kennametal, Inc., a publicly-traded corporation providing metal cutting and wear-protection solutions to various industries, since 2004, most recently serving as Vice President – Advanced Material Solutions since 2016 and Vice President – Transformation Office since 2019. Prior to his most recent assign