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...

Number of Employees

1.56K

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.

SEC Filing

From April 12, 2024

John F. Kasel

CEO of Foster (Lb) Co.

F

Education

Harvard University Business School (Advanced Management Program)

Field of Expertise

Business & Management

Born

January 1, 1965 - 60 years ago

Is Founder?

No

Current Tenure

3 years 5 months (Jul 2021 - Present)

Previous Experience

Various positions at L.B. Foster Company since 2003