secwatch.observer — SEC 8-K summary
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Issuer:     FOSTER L B CO (FSTR)
CIK:        0000352825
Form:       8-K
Filed at:   2022-12-02T23:59:59+00:00
Accession:  0000352825-22-000068
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

L.B. Foster appoints Janet Lee to board; directors Rowland and Purgason retire Dec 31
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- Suzanne Rowland and Robert Purgason to retire Dec 31, 2022; no disagreement with company.
- Janet Lee appointed independent director effective Jan 1, 2023; fills one vacancy.
- Lee is VP, General Counsel, Secretary of ANSYS (ANSS) with over 30 years legal experience.
- Board determined Lee qualifies as independent under Nasdaq rules; compensation consistent with other non-management directors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/352825/000035282522000068/0000352825-22-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/352825/000035282522000068/fstr-20221130.htm
  HTML page:      https://secwatch.observer/filing/0000352825-22-000068

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer