leadership
confidence high
sentiment neutral
materiality 0.25
Director Alexander B. Jones resigns from L.B. Foster board; board reduced to six members
FOSTER L B CO
- Jones resigned effective December 15, 2025; resignation accepted by board.
- No disagreement on operations, policies, or practices cited; departure tied to expiration of 22NW cooperation agreement in January 2026.
- Board size reduced from seven to six members immediately upon acceptance.
- CEO John Kasel thanked 22NW for support; 22NW reaffirms continued support for board and management.