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Westinghouse Air Brake Technologies Corporation (WAB)

86.18 4.67(5.73%) Jul 24, 4:03PM EDT
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Westinghouse Air Brake Technologies Corporation
1001 Air Brake Avenue
Wilmerding, PA 15148
United States - Map
Phone: 412-825-1000
Fax: 412-825-1019

Index Membership:N/A
Full Time Employees:10,234

Business Summary 

Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation, provides technology-based products and services for the freight rail and passenger transit industries worldwide. It operates in two segments, Freight and Transit. The Freight segment manufactures and services components for new and existing locomotive and freight cars; supplies railway electronics and positive train control equipment; provides signal design and engineering services; builds switcher locomotives; rebuilds freight locomotives; and provides heat exchangers and cooling systems for rail and other industrial markets. This segment serves publicly traded railroads; leasing companies; manufacturers of original equipment, such as locomotives and freight cars; and utilities. The Transit segment manufactures and services components for new and existing passenger transit vehicles, including subway cars and buses; builds commuter locomotives; and refurbishes subway cars. This segment serves public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses. The company’s products include positive train control equipment and electronically controlled pneumatic braking products; railway electronics, including event recorders, monitoring equipment, and end of train devices; freight car truck components; draft gears, couplers, and slack adjusters; air compressors and dryers; track and switch products; railway braking equipment and related components; friction products, including brake shoes and pads; door and window assemblies, and accessibility lifts and ramps for buses and subway cars; and traction motors. It also builds, remanufactures, and overhauls commuter and switcher locomotives, and transit cars. Westinghouse Air Brake Technologies Corporation was founded in 1869 and is headquartered in Wilmerding, Pennsylvania.

Key Statistics

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Corporate Governance 
Westinghouse Air Brake Technologies Corporation’s ISS Governance QuickScore as of Jul 1, 2014 is 4. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 6; Compensation: 4.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Albert J. Neupaver , 63
Exec. Chairman
Mr. Raymond T. Betler , 58
Chief Exec. Officer, Pres and Director
Mr. David L. DeNinno , 58
Sr. VP, Gen. Counsel and Sec.
Mr. Charles F. Kovac , 57
Sr. VP and Group Exec.
Mr. Patrick D. Dugan , 48
Chief Financial Officer, Principal Accounting Officer and Sr. VP
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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