 PITTSBURGH, Feb. 19, 2021 GLOBE NEWSWIRE -- L.B. Foster Company the Company NASDAQ: FSTR, has appointed Mr. William Bill M. Thalman as Senior Vice President and Chief Financial Officer of the Company, effective March 1, 2021. Mr. Thalman brings to the company considerable experience from a successful career in finance and operating positions. Mr. Thalman was previously employed by Kennametal, Inc., a publicly-traded corporation providing metal cutting and wear-protection solutions to various industries, since 2004, most recently serving as Vice President Advanced Material Solutions since 2016 and Vice President Transformation Office since 2019. Prior to his most recent assignments, Mr. Thalman served in roles of increasing responsibility, including Vice President Finance Infrastructure, Director of Finance MA and Planning, Director of Finance Kennametal Europe, and Assistant Corporate Controller. Prior to Kennametal, Mr. Thalman held positions where he had responsibility for treasury, investor relations, and financial reporting. Early in his career, he worked in public accounting at Coopers Lybrand now PriceWaterhouseCoopers. Mr. Thalman holds a Bachelor of Science degree in Accounting from West Virginia University and a Master of Business Administration degree from the University of Pittsburgh. 