SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) May 25, 2005
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L. B. Foster Company
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(Exact name of registrant as specified in its charter)
Pennsylvania 000-10436 25-1324733
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
415 Holiday Drive, Pittsburgh, Pennsylvania 15220
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (412) 928-3417
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None
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(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
Item 1.01 Entry Into a Material Definitive Agreement
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On May 25, 2005 meeting, the Board of Directors, upon the
prior recommendation of its Compensation Committee, increased
the base annual salary of Stan L. Hasselbusch, Chief Executive
Officer and President, from $351,250 to $400,000, effective
July 1, 2005.
On July 26, 2005, the Board of Directors, upon the prior
recommendation of its Compensation Committee, increased the
base annual salary of David L. Voltz, Vice President, General
Counsel and Secretary, from $166,000 to $175,000, effective
October 1, 2005.
Registrant will file the Directors' resolutions approving such
salary increases as exhibits to its quarterly report on Form
10-Q for the quarter ending June 30, 2005.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
L.B. Foster Company
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(Registrant)
Date: August 1, 2005
- ---------------------- /s/David J. Russo
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David J. Russo
Senior Vice President,
Chief Financial Officer and Treasurer