L.B. Foster Management

Management criteria checks 2/4

L.B. Foster's CEO is John Kasel, appointed in Jul 2021, has a tenure of 2.75 years. total yearly compensation is $2.86M, comprised of 23.1% salary and 76.9% bonuses, including company stock and options. directly owns 1.09% of the company’s shares, worth €2.74M. The average tenure of the management team and the board of directors is 3.1 years and 1.8 years respectively.

Key information

John Kasel

Chief executive officer

US$2.9m

Total compensation

CEO salary percentage	23.1%
CEO tenure	2.8yrs
CEO ownership	1.1%
Management average tenure	3.1yrs
Board average tenure	1.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has John Kasel's remuneration changed compared to L.B. Foster's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$3m	US$659k	US$1m
Sep 30 2023	n/a	n/a	-US$42m
Jun 30 2023	n/a	n/a	-US$45m
Mar 31 2023	n/a	n/a	-US$46m
Dec 31 2022	US$3m	US$573k	-US$46m
Sep 30 2022	n/a	n/a	-US$2m
Jun 30 2022	n/a	n/a	US$2m
Mar 31 2022	n/a	n/a	US$3m
Dec 31 2021	US$2m	US$490k	US$4m
Sep 30 2021	n/a	n/a	US$6m
Jun 30 2021	n/a	n/a	US$20m
Mar 31 2021	n/a	n/a	US$25m
Dec 31 2020	US$1m	US$441k	US$26m
Sep 30 2020	n/a	n/a	US$54m
Jun 30 2020	n/a	n/a	US$41m
Mar 31 2020	n/a	n/a	US$44m
Dec 31 2019	US$889k	US$364k	US$48m
Sep 30 2019	n/a	n/a	-US$23m
Jun 30 2019	n/a	n/a	-US$21m
Mar 31 2019	n/a	n/a	-US$26m
Dec 31 2018	US$900k	US$340k	-US$31m
Sep 30 2018	n/a	n/a	US$12m
Jun 30 2018	n/a	n/a	US$8m
Mar 31 2018	n/a	n/a	US$6m
Dec 31 2017	US$935k	US$307k	US$5m

Compensation vs Market: John's total compensation ($USD2.86M) is above average for companies of similar size in the German market ($USD691.02K).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.

CEO

John Kasel (58 yo)

2.8yrs

Tenure

US$2,857,653

Compensation

Mr. John F. Kasel has been President, Chief Executive Officer and Director of L.B. Foster Company since July 21, 2021. He served as Senior Vice President and Chief Operating Officer L.B.Foster Company sin...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
John Kasel	President	2.8yrs	US$2.86m	1.09% $ 2.7m
William Thalman	Executive VP & CFO	3.2yrs	US$1.16m	0.31% $ 773.1k
Brian Kelly	Executive Vice President of Human Resources & Administration	11.7yrs	US$1.02m	0.52% $ 1.3m
Patrick Guinee	Executive VP	10.2yrs	US$1.04m	0.47% $ 1.2m
William Treacy	Executive VP & Chief Growth Officer	3.1yrs	US$900.71k	0.27% $ 691.3k
Sean Reilly	Corporate Controller & Principal Accounting Officer	2.3yrs	no data	0.15% $ 371.2k
Peter Jones	Senior Vice President of UK Services & Solutions	2.5yrs	no data	0.10% $ 255.1k
Stephanie Listwak	Investor Relations Manager	no data	no data	no data
Jake Fuellhart	Marketing & Communications Manager	no data	no data	no data
Gregory Lippard	Senior Vice President of Rail	3.1yrs	US$950.77k	0.43% $ 1.1m
Brian Friedman	Senior Vice President of Steel Products & Special Projects	less than a year	no data	0.088% $ 221.0k

3.1yrs

Average Tenure

55yo

Average Age

Experienced Management: LB1A's management team is considered experienced (3.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
John Kasel	President	2.8yrs	US$2.86m	1.09% $ 2.7m
Raymond Betler	Independent Chairman of the Board	3.7yrs	US$215.04k	0.21% $ 527.1k
Diane Owen	Independent Director	21.9yrs	US$155.93k	0.62% $ 1.6m
Dirk Jungé	Independent Director	8.9yrs	US$149.78k	0.24% $ 608.1k
John Kunz	Independent Director	1.8yrs	US$158.52k	0.11% $ 270.6k
Bruce Thompson	Independent Director	1.8yrs	US$157.52k	0.11% $ 271.7k
David Meyer	Independent Director	less than a year	no data	0.023% $ 58.6k
Janet Lee	Independent Director	1.3yrs	US$169.13k	0.078% $ 195.3k
Alexander Jones	Board Observer	less than a year	no data	0.012% $ 29.2k

1.8yrs

Average Tenure

59yo

Average Age

Experienced Board: LB1A's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

L.B. Foster Management

Management criteria checks 2/4

Key information

Recent management updates

L.B. Foster Company, Annual General Meeting, May 23, 2024

High number of new directors

L.B. Foster Company Announces Retirement of Mr. Dirk Jungé from Board

L.B. Foster Company Announces Election of David J. Meyer as Director, Effective January 1, 2024

High number of new directors

L.B. Foster Company Announces Executive Changes

Recent updates

L.B. Foster Company, Annual General Meeting, May 23, 2024

L.B. Foster Company Provides Earnings Guidance for the Full Year 2024 and Full Year 2025

Full year 2023 earnings released: EPS: US$0.14 (vs US$4.25 loss in FY 2022)

L.B. Foster Company to Report Q4, 2023 Results on Mar 05, 2024

High number of new directors

L.B. Foster Company Announces Retirement of Mr. Dirk Jungé from Board

New minor risk - Share price stability

L.B. Foster Company Announces Election of David J. Meyer as Director, Effective January 1, 2024

L.B. Foster Company Revises Sales Guidance for the Year 2023

Third quarter 2023 earnings released: EPS: US$0.05 (vs US$0.19 loss in 3Q 2022)

L.B. Foster Company to Report Q3, 2023 Results on Nov 07, 2023

Second quarter 2023 earnings released: EPS: US$0.33 (vs US$0.19 in 2Q 2022)

L.B. Foster Company Provides Earnings Guidance for the Year 2023

L.B. Foster Company to Report Q2, 2023 Results on Aug 08, 2023

L.B. Foster Company Revises Earnings Guidance for the Fiscal Year Ending December 31, 2023

First quarter 2023 earnings released: US$0.20 loss per share (vs US$0.15 loss in 1Q 2022)

Full year 2022 earnings released: US$4.25 loss per share (vs US$0.34 profit in FY 2021)

High number of new directors

L.B. Foster Company Announces Executive Changes

Third quarter 2022 earnings released: US$0.19 loss per share (vs US$0.21 profit in 3Q 2021)

L.B. Foster Company to Report Q3, 2022 Results on Nov 08, 2022

L.B. Foster Company Announces Retirement of William H. Rackoff from the Board of Directors

Second quarter 2022 earnings released: EPS: US$0.19 (vs US$0.27 in 2Q 2021)

Gerdau Ameristeel Corporation acquired rail spikes and anchors track components business of L.B. Foster Company for CAD 10.2 million.

L.B. Foster Company to Report Q2, 2022 Results on Aug 09, 2022

L.B. Foster Company (NasdaqGS:FSTR) acquired Skratch Enterprises Limited and Intelligent Video Ltd.

L.B. Foster Company Appoints Raymond T. Betler as Chairman of the Board of Directors

First quarter 2022 earnings released: US$0.15 loss per share (vs US$0.12 loss in 1Q 2021)

L.B. Foster Company, Annual General Meeting, Jun 02, 2022

Investor sentiment improved over the past week

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

L.B. Foster Company to Report Q4, 2021 Results on Mar 01, 2022

22NW Fund Engages in Discussions with L.B. Foster Company

Third quarter 2021 earnings released: EPS US$0.21 (vs US$1.57 in 3Q 2020)

JD Fields & Company, Inc. acquired Steel Piling Products Business of L.B. Foster Company for $24 million.

L.B. Foster Company(NasdaqGS:FSTR) dropped from Russell 3000E Value Index

L.B. Foster Company(NasdaqGS:FSTR) dropped from Russell 2000 Defensive Index

First quarter 2021 earnings released: US$0.12 loss per share (vs US$0.18 loss in 1Q 2020)

New 90-day high: €14.80

L.B. Foster Promotes Two Senior Business Leaders

Revenue misses expectations

Full year 2020 earnings released: EPS US$2.45 (vs US$4.09 in FY 2019)

L.B. Foster Company to Report Q4, 2020 Results on Mar 02, 2021

L.B. Foster Company Appoints Mr. William M. Thalman as Senior Vice President

New 90-day high: €14.00

New 90-day high: €13.00

Revenue misses expectations

Third quarter 2020 earnings released: EPS US$1.57

L.B. Foster Company to Report Q3, 2020 Results on Nov 04, 2020

An unknown buyer acquired IOS Test and Inspection Services Business from L.B. Foster Company (NasdaqGS:FSTR) for $4 million.

L.B. Foster Company to Report Q2, 2020 Results on Aug 04, 2020

L.B. Foster Company(NasdaqGS:FSTR) dropped from Russell 2000 Growth Index

L.B. Foster Company(NasdaqGS:FSTR) dropped from Russell 2500 Growth Index

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age