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

On March 23, 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 accept a position at another publicly-traded company. Mr. Russo’s resignation is effective April 21, 2017.

Commenting upon Mr. Russo’s departure, Robert P. Bauer, President and Chief Executive Officer of the Company, stated, “I know I speak for many people when I say that we will miss Dave and the leadership he provided across the entire organization. On behalf of the management team and the Board of Directors, I want to express our sincere appreciation for the contributions Dave has made to the Company and wish him continued success.”

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 12.15 with 107,736 shares trading hands.