Stan L. Hasselbusch was the CEO of L.B. Foster Company from 2002 to 2011. He joined the company back in 1972 and climbed the ranks to lead it for almost a decade. During his time as CEO, he played a...

Stan L. Hasselbusch was the CEO of L.B. Foster Company from 2002 to 2011. He joined the company back in 1972 and climbed the ranks to lead it for almost a decade. During his time as CEO, he played a key role in significantly increasing shareholder value and fostered a culture of continuous improvement at the company. He oversaw successful acquisitions, like the one with Portec, which he noted as a significant achievement before his retirement at the end of 2011. Stan’s compensation was mostly cash-based, emphasizing performance over stock options, with his peak compensation reaching around $1.07 million in 2011. His bonus that year was impressive, reflecting the company’s strong performance metrics like Operating Unit Pre-Tax Income. In his personal investing, he had a noteworthy record of insider trading with multiple transactions each month, often exceeding $2 million in value, showcasing his confidence in the company’s future.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Foster (Lb) Co. CEOs

F

Stan L. Hasselbusch

Ex-CEO of Foster (Lb) Co.

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1950 - 75 years ago

CEO of Foster (Lb) Co. for

9 years 11 months (Jan 2002 - Dec 2011)

Previous Experience

Various positions since 1972 at L.B. Foster Company

Rivals

Competitors/colleagues of Stan L. Hasselbusch

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 Stan L. Hasselbusch make over time.

Stan L. Hasselbusch displayed a strong record in insider trading, frequently buying shares in significant amounts. From September 2019 to April 2024, his transactions consistently ranged from about $1 million to over $2 million monthly. Most notably, in December 2023,...

Stan L. Hasselbusch displayed a strong record in insider trading, frequently buying shares in significant amounts. From September 2019 to April 2024, his transactions consistently ranged from about $1 million to over $2 million monthly. Most notably, in December 2023, he made significant purchases totaling around $2.18 million. His consistent trading suggests a solid belief in the future growth potential of L.B. Foster, as he often invested in months when the stock was doing well. This level of engagement indicates a hands-on approach to his financial commitment to the company’s success over the years, making his financial maneuvers an interesting part of his overall profile.

Mar 18, 2025

F

shares

FSTR @ $20.50

Insider Trading

See recent insider trades of Stan L. Hasselbusch.

FSTR

$185.25K

FSTR at $18.52/share

Aug 10, 2011

Purchase

FSTR

3,106 shares

FSTR

Mar 15, 2011

Received

Compensation History

See how much did Stan L. Hasselbusch make over time.

Stan L. Hasselbusch’s compensation as CEO was heavily focused on cash, with no bonuses in some years reflecting economic conditions. His total compensation peaked at $1.07 million in 2011, which included a salary of $525,211 and a bonus of $438,065. This bonus was based on his performance metrics like Pre-Tax Income. His strategy was designed to align his earnings directly with the company's financial performance, which was a key component of L.B. Foster's overall executive incentive structure.

Year

2011

Total Compensation

$1.05M

Salary

$525.21K

Board Justification

The compensation philosophy emphasizes performance-based incentives that align executive compensation with company performance and shareholder value.

Bonus

$438.07K

Board Justification

Annual cash incentive payout based on performance metrics including Operating Unit Pre-Tax Income and Corporate ROIC, resulting in 111.2% of target award opportunity.

Other

$85.72K

Board Justification

Includes a $49,094 Supplemental Executive Retirement Plan contribution, a $9,800 401(k) Company match, a $10,200 auto allowance, and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2011 as the focus is on cash compensation; all stock grants are excluded from total calculations.

Performance Metrics

Performance metrics included Operating Unit Pre-Tax Income, Corporate ROIC, and Corporate Adjusted EBITDA.

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