L.B. Foster Promotes Two Senior Business Leaders
The promotions of Lippard and Treacy, which follow L.B. Foster’s recent realignment of its business segment structure last month, will report directly to
To better align the Company’s competencies to changing market dynamics, a recent reorganization was completed which consolidated the Company’s reporting segments into two: Rail Technologies & Services and Infrastructure Solutions. The Company believes this structure will effectively support its growth opportunities and leverage rebounding markets.
As the new Senior Vice President of Rail Technologies & Services,
Rail Technologies & Services is a business segment which provides advanced technology solutions that support new products and services to deliver real benefits to customers with improved efficiency, reduced disruptions, improved passenger comfort and information, and enhanced safety.
As the new Senior Vice President of Infrastructure Solutions,
Infrastructure Solutions is a business segment with made-to-order solutions that support projects for transportation, heavy civil, commercial, and residential infrastructure. Projects vary widely from highways, bridges, ports, waterways, storm water, levees, buildings, utility services, and pipelines.
Commenting on the promotions, L.B. Foster President and CEO Robert Bauer said, "Both Greg and Bill are proven leaders who have played significant roles in L.B. Foster’s ongoing strategic initiatives. They will each set high standards for their management teams that are excited about the opportunities that lie ahead, and capable of driving continuous improvement."
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Source: L.B. Foster Company