L. B. Foster Company (NASDAQ:FSTR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
As previously announced on March 29, 2017, David J. Russo, Senior Vice President, Chief Financial Officer and Treasurer, notified L. B. Foster Company (the “Company”) of his intention to resign, and his resignation was effective April 21, 2017. In connection with Mr. Russo’s departure, Mr. Christopher T. Scanlon, Controller and Chief Accounting Officer, will be performing the duties of chief financial officer until a permanent chief financial officer is appointed.
About L. B. Foster Company (NASDAQ:FSTR)
L.B. Foster Company is a manufacturer, fabricator and distributor of products and services for the rail, construction, energy and utility markets. The Company’s segments include Rail Products and Services, Construction Products, and Tubular and Energy Services. Its Rail Products segment provides a range of new and used rail, trackwork and accessories to railroads, mines and industry. The Rail segment designs and produces concrete railroad ties, insulated rail joints, power rail, track fasteners, coverboards and special accessories for mass transit and other rail systems. The Construction Products segment sells and rents steel sheet piling, H-bearing pile and other piling products for foundation and earth retention requirements. The Tubular and Energy Services segment supplies pipe coatings for natural gas pipelines and utilities, blending, injection and metering equipment for the oil and gas market, and produces threaded pipe products for industrial water well and irrigation markets. L. B. Foster Company (NASDAQ:FSTR) Recent Trading Information
L. B. Foster Company (NASDAQ:FSTR) closed its last trading session down -0.10 at 13.45 with 61,890 shares trading hands.
