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.