L.B. Foster Appoints Executive Officers

Written by Jennifer McLawhorn, Managing Editor
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Courtesy of L.B. Foster

PITTSBURGH - L.B. Foster Board of Directors announced appointment of executive officers.

Effective June 1, 2026, L.B. Foster’s Board of Directors promoted certain executive officers, according to the release. William M. Thalman is currently Executive Vice President and Chief Financial Officer and is appointed to the roles of Executive Vice President and Chief Operating Officer. Sean Reilly is currently Controller and Principal Accounting Officer and has been appointed to Senior Vice President and Chief Financial Officer. Timothy J. Curran is currently Vice President – Tax and Treasury and has been appointed to the Company’s Controller and Principal Accounting Officer.

William Thalman has served in the role of EVP and CFO since June 2023. Before that, he served as Senior Vice President and CFO since February 2021. Prior to his work at L.B. Foster, Thalman worked at Kennametal, Inc. where he worked in non-financial roles, including Vice President – Advanced Material Solutions from 2016 to 2021. Before that, he worked as Vice President – Transformation Office from 2019 to 2021 as well as Vice President – Finance Infrastructure, Director of Finance – M&A and Planning, Director of Finance – Kennametal Europe, Director of Finance – MSSG Americas, Assistant Corporate Controller, and Director of Financial Reporting. Thalman holds a Bachelor of Science in Accounting from West Virginia University and a Master of Business Administration from the University of Pittsburgh.

Sean Reilly will step into the Senior Vice President and CFO role on June 1, 2026. Currently, he serves as Controller and Principal Accounting Officer, a role he has been in since January 2022. Before that, he worked at Kennametal from 2002 to 2004 and 2007 to 2022. There, he worked as Vice President of Finance – Metal Cutting Division. According to the release, he was the lead finance executive at Kennametal of a “multinational business with over $1 billion in sales and multiple manufacturing locations.” Reilly holds a Bachelor of Science in Business Administration with a concentration in Accounting from West Virginia University. He also holds an Executive Master’s in Business Administration from the University of Pittsburgh.

Timothy J. Curran is currently Vice President – Tax and Treasury, and effective June 1, 2026, he will be appointed to Controller and Principal Accounting Officer. He has served in his current role since January 2022 where he is responsible for L.B. Foster’s global tax function, treasury, insurance, credit and collections activities after joining in 2013 as Director of Tax & Compliance, according to the release. Previous to his time at L.B. Foster, Curran served as Senior Manager at KPMG LLP’s Mergers & Acquisitions Tax Practice. In this role, he advised clients on “tax matters related to business combinations, divestitures, and restatements.” Curran holds a Bachelor of Business Administration and a Master of Science in Accountancy from the University of Notre Dame. Additionally, he is a Certified Public Accountant in Pennsylvania.

President and CEO John Kasel said, “In continuation of the Company’s efforts to drive stockholder return and leverage talent, I am pleased to announce the promotion of three key employees to work on enhancing our performance, increasing shareholder return, and driving our strategy. Bill Thalman, Sean Reilly, and T.J. Curren have been instrumental in our work to date, and I anticipate they will make significant contributions in their new roles.”

L.B. Foster Chairman of the Board of Directors Raymond T. Betler said, “These individuals have demonstrated incredible performance throughout their tenure at L.B. Foster to date. They have been vital in the execution of our strategic roadmap and have added significant value to the Company. These changes help to further strengthen our executive team and enhance the continued improvement of L.B. Foster. I congratulate each of them on this well-deserved recognition and opportunity.”

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