Robert P. Bauer served as the President and CEO of L.B. Foster Company from February 2012 until July 2021. Before joining L.B. Foster, he held significant roles at Emerson Electric Co., including President of the Refrigeration Division. Under his leadership,...
Robert P. Bauer served as the President and CEO of L.B. Foster Company from February 2012 until July 2021. Before joining L.B. Foster, he held significant roles at Emerson Electric Co., including President of the Refrigeration Division. Under his leadership, L.B. Foster focused on aligning executive compensation with performance metrics that resonate with shareholders. Notably, he had an innovative approach to employee retention through performance-based incentives. During his tenure, Bauer's annual compensation varied, peaking at around $3.5 million, which included a combination of his salary, bonuses, and long-term incentives tied to company performance. Robert’s insider trading history shows notable fluctuations with values reaching as high as $6.71 million in recent years. This reflects his strong alignment with the company's growth, as he was actively invested in its success. Bauer is known for promoting operational efficiency and strategic initiatives that resonated with the demands of the market, leaving a lasting impact when he stepped back to advisory roles toward the end of his career at the firm.