William Thalman

Executive Vice President - Chief Financial Officer

Professional Overview
William Thalman is an accomplished finance executive with over 30 years of experience in the manufacturing and distribution industries. As the Executive Vice President and Chief Financial Officer at LB Foster, he leverages his deep expertise in financial operations, strategic transformation, and operational excellence to drive sustainable growth and profitability.

Experience Summary

Current Role
In his current role as Executive Vice President and Chief Financial Officer at LB Foster, William is responsible for overseeing all financial functions, including accounting, treasury, tax, and investor relations. He plays a crucial role in shaping the company's financial strategy, driving cost optimization initiatives, and ensuring effective risk management. Under his leadership, LB Foster has achieved significant improvements in financial performance and operational efficiency.

Career Progression
Prior to joining LB Foster, William held various senior finance roles at Kennametal, including Vice President of the Transformation Office and Vice President and General Manager of the Advanced Material Solutions division. He also served as the Vice President of Finance and Infrastructure, where he led the implementation of strategic initiatives to enhance the company's financial reporting and control processes. Earlier in his career, William held finance positions at WESCO Distribution and The Carbide/Graphite Group, Inc., where he gained extensive experience in areas such as investor relations, external reporting, and business assurance.

Academic Background
William holds a Bachelor of Science degree in Accounting from the University of Pittsburgh. He is a Certified Public Accountant (CPA) and has completed executive education programs at leading institutions, further strengthening his strategic and leadership capabilities.

Areas of Expertise

• Financial management and operations

• Strategic transformation and organizational change

• Cost optimization and operational efficiency

• Risk management and internal controls

• Investor relations and capital markets

Professional Impact
Throughout his career, William has played a key role in driving significant improvements in financial performance and operational effectiveness for the organizations he has served. At Kennametal, he led the transformation of the company's financial reporting and control processes, resulting in enhanced transparency and decision-making capabilities. In his current role at LB Foster, William has been instrumental in implementing cost optimization initiatives and streamlining financial operations, contributing to the company's improved profitability and shareholder value.

Conclusion
With his extensive experience, strong financial acumen, and proven track record of driving strategic transformation, William Thalman is a highly respected finance executive who continues to make a significant impact in the manufacturing and distribution industries. As the Executive Vice President and Chief Financial Officer at LB Foster, he is well-positioned to guide the company's financial strategy and contribute to its long-term success.