Wabtec Corporation Announces Executive Changes, Effective September 14, 2020
August 26, 2020 at 09:00 am EDT
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Wabtec Corporation announced the appointment of Eric Gebhardt to Executive Vice President and Chief Technology Officer, effective September 14, 2020. In this role, Gebhardt will lead Wabtec’s global technology and investment strategy, new product development, and global engineering organization. A respected technologist with more than 30 years of experience, Gebhardt built his career developing innovative technology solutions in power generation, battery storage, renewables, and distributed power. He comes to this role as former Managing Director of KCK-US, an investment firm focused on the energy, life science, and industrial sectors. Prior, he spent nearly 30 years with General Electric in a variety of global engineering and leadership roles where he was responsible for driving the strategic direction for product and portfolio development, including Chief Technology Officer of GE Power, Chief Product Management Officer for Energy Connections, Chief Platforms and Operations Officer for Current, and Chief Technology Officer for GE Oil & Gas, among others. Gebhardt, who succeeds Dominique Malenfant in this role.
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%).