Westinghouse Air Brake Technologies : 2/12/2019 Wabtec Announces Resignation of COO
February 12, 2019 at 09:20 am EST
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WILMERDING, PA, Feb. 12, 2019 - Wabtec Corporation (NYSE: WAB) today announced that its chief operating officer, Stephane Rambaud-Measson, has resigned from his position and as a board member of the company to pursue other interests. Rambaud-Measson had served as president and chief executive officer of Faiveley Transport and joined Wabtec when it acquired Faiveley in 2016. During his years at Faiveley Transport, Rambaud-Measson had developed Faiveley Transport into a global transit technology and market leader.
Albert J. Neupaver, Wabtec's executive chairman, said: 'Since our acquisition of Faiveley, Stephane has played an important role in the successful integration and growth of our transit business. We thank him for his valuable contributions to Wabtec and wish him well in his future endeavors.'
Wabtec Corporation (www.wabtec.com) is a leading global provider of equipment, systems and value-added services for transit and freight rail. Through its subsidiaries, Wabtec manufactures a range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new switcher and commuter locomotives, and provides aftermarket services. The company employs approximately 18,000 employees worldwide.
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Wabtec Corporation published this content on 12 February 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 February 2019 14:19:01 UTC
Westinghouse Air Brake Technologies Corporation is one of the world's leading suppliers of value-added technological equipment, systems and services for the transportation sector. The activity is aorganized primarily around 4 families of products and services:
- electronics and special products: including electronic positive train control and pneumatic braking systems, event recorders, monitoring equipment, couplings, gears, couplers, air compressors and heat exchangers;
- transit products: heating, ventilation and air conditioning equipment, doors for buses and metro cars, pantographs, window assemblies, couplers, traction motors, etc.;
- brake components and friction products;
- refurbishment, overhaul and construction services: suburban locomotive construction and switching, overhaul and refurbishment of buses, subway cars and locomotives.
Net sales per market are divided between rail freight transport (71.9%), bus, metro and high-speed train transport (28.1%).
Net sales are distributed geographically as follows: the United States (47%), North America (9.1%), Europe (17%), South America (3.6%), Africa (1.1%) and other (22.2%).
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION 
