John F. Kasel, born in 1965, is the President and CEO of L.B. Foster Company since July 2021. He has a solid educational background, completing the Advanced Management Program at Harvard Business School. Kasel has been with L.B. Foster since...

John F. Kasel, born in 1965, is the President and CEO of L.B. Foster Company since July 2021. He has a solid educational background, completing the Advanced Management Program at Harvard Business School. Kasel has been with L.B. Foster since 2003, starting as Vice President of Operations and climbing through various roles including Chief Operating Officer. His journey reflects a focus on management and operations, demonstrating a keen understanding of how to improve company performance. Under his leadership, the company has directed its strategy towards technology-driven solutions aimed at growth. Notably, in 2023, he earned a total compensation of about $1.79 million, which included a significant performance-based bonus that reflects strong company results. This shows that he is not just a figurehead but is actively contributing to the company's success.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Foster (Lb) Co. CEOs

F

John F. Kasel

CEO of Foster (Lb) Co.

Education

Harvard University Business School (Advanced Management Program)

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1965 - 60 years ago

CEO of Foster (Lb) Co. for

3 years 8 months (Jul 2021 - Present)

Previous Experience

Various positions at L.B. Foster Company since 2003

Rivals

Competitors/colleagues of John F. Kasel

K

Leroy M. Ball, Jr.

CEO of Koppers Holdings

2023 Compensation

Stock

$0.00

Salary

$915.68K

Bonus

$1.27M

Other

$207.06K

Total Holdings

$11.33M

H

Patrick H. Hawkins

CEO of Hawkins

2021 Compensation

Stock

$0.00

Salary

$500.00K

Bonus

$100.00K

Other

$59.74K

Total Holdings

$35.06M

L

Sanjiv Lamba

CEO of Linde

2023 Compensation

Stock

$6.01M

Salary

$1.38M

Bonus

$3.48M

Other

$185.57K

Total Holdings

$43.81M

Holdings

See how much did John F. Kasel make over time.

As CEO, John F. Kasel has shown a strong commitment to his role at L.B. Foster Co. Through insider trading data, it's clear he has actively traded shares of the company over the years. For instance, monthly trading values in...

As CEO, John F. Kasel has shown a strong commitment to his role at L.B. Foster Co. Through insider trading data, it's clear he has actively traded shares of the company over the years. For instance, monthly trading values in 2019 ranged from $969K to $1.09M. By 2023, we observe an impressive rise in his trading activities, peaking at $2.65M in December. His holdings continue to fluctuate, demonstrating a keen strategic approach. Currently, he holds around 98,263 shares valued at over $2.16 million. This trajectory underscores his belief in the company's future potential, and his financial interests are tightly aligned with its performance.

Loading...

Total Stock Sold

$197.72K

FSTR

$197.72K

4,000 FSTR shares

What if they kept their stock?

If John F. Kasel didn't sell their stock, today they would have:
Extra FSTR4,000 shares worth $53.80K.
This is -72.79% and $143.92K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of John F. Kasel.

FSTR

19,721 shares

FSTR

May 23, 2024

Received

FSTR

42,796 shares

FSTR

Feb 13, 2024

Received

FSTR

44,046 shares

FSTR

Feb 13, 2024

Received

FSTR

42,166 shares

FSTR

Feb 14, 2023

Received

FSTR

$11.51K

FSTR at $11.51/share

Sep 13, 2022

Purchase

FSTR

13,812 shares

FSTR

Feb 17, 2022

Received

FSTR

1,965 shares

FSTR

Feb 17, 2022

Received

FSTR

3,037 shares

FSTR

Jul 21, 2021

Received

FSTR

9,240 shares

FSTR

Feb 26, 2021

Received

FSTR

1,165 shares

FSTR

Feb 17, 2021

Received

Compensation History

See how much did John F. Kasel make over time.

In 2023, John F. Kasel's total compensation was approximately $1.79 million. This figure includes a base salary of $675,000 and a performance-based bonus of over $987,000. His bonus was particularly noteworthy, paid out at 146.25% of the target due to strong company performance. This demonstrates that the company’s success translates directly into his earnings, aligning his financial incentives with that of shareholders. He had no restricted stock awards vesting in that year, yet his compensation structure clearly emphasizes performance metrics that include adjusted EBITDA and working capital efficiency. This alignment shows that Kasel is focused on enhancing the company's operational success while ensuring that his contributions are recognized financially.

Year

2023

Total Compensation

$1.80M

Salary

$675.00K

Board Justification

The compensation philosophy aims to align executive compensation with company performance, focusing on attracting and retaining talent while rewarding positive financial and operational results.

Bonus

$987.19K

Board Justification

Annual cash incentive based on performance goals established at the beginning of the performance period, resulting in a payout of 146.25% of target due to company performance in 2023.

Other

$133.07K

Board Justification

Includes 401(k) Company match, SERP contributions, auto allowance, life insurance premiums, long-term disability premiums, club membership, and financial planning services.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the vested stock is not included in total compensation calculations.

Performance Metrics

Adjusted EBITDA and Average Working Capital as a Percentage of Sales.

Other Foster (Lb) Co. CEOs

Here are other CEOs of Foster (Lb) Co.

Robert P. Bauer

Ex-CEO of Foster (Lb) Co.

February 2012 - July 2021