L.B. Foster Company Announces SVP–Rail Retirement and New Appointment

What Happened
L.B. Foster Company filed an 8-K (Items 5.02 and 7.01) disclosing that Senior Vice President – Rail Gregory W. Lippard informed the board on July 28, 2026 that he will retire effective December 31, 2026. Mr. Lippard will transition to the role of Senior Vice President – Special Rail Projects on August 1, 2026 and serve in that capacity through his retirement. The company also announced that Jason K. Bowlin will become Senior Vice President – Rail effective August 1, 2026. A press release dated July 30, 2026 was furnished as Exhibit 99.1 under Regulation FD.

Key Details

• Gregory W. Lippard notified the board on July 28, 2026; retirement date: December 31, 2026.
• Role change effective August 1, 2026: Lippard moves to SVP – Special Rail Projects through retirement.
• Jason K. Bowlin appointed SVP – Rail effective August 1, 2026.
• Filing states there is no change to Mr. Lippard’s compensation; press release furnished as Exhibit 99.1.

Why It Matters
This is a planned, orderly leadership transition for L.B. Foster’s rail business, providing continuity by naming a successor and keeping Lippard in a defined role through year‑end. For investors, the filing signals management succession without immediate compensation changes or unexpected departures; the furnished press release is the company’s public disclosure under Regulation FD.