WAB - Westinghouse Air Brake Technologies Corporation

NYSE - NYSE Delayed Price. Currency in USD

Westinghouse Air Brake Technologies Corporation

1001 Air Brake Avenue
Wilmerding, PA 15148
United States
412-825-1000
http://www.wabtec.com

SectorIndustrials
IndustryRailroads
Full Time Employees18,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Raymond T. BetlerPres, CEO & Director1.05MN/A1956
Mr. Patrick D. DuganExec. VP & CFO522.39kN/A1966
Mr. Stéphane Rambaud-MeassonExec. VP, COO & Director62.96kN/A1962
Mr. David L. DeNinnoExec. VP, Gen. Counsel & Sec.502.35kN/A1956
Mr. John A. Mastalerz Jr.Sr. VP of Fin., Corp. Controller & Principal Accounting OfficerN/AN/A1967
Amounts are as of December 31, 2016 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.

Description

Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation, provides technology-based equipment, systems, and services for the freight rail and passenger transit vehicle 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; offers 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 regional trains, high speed trains, subway cars, light-rail vehicles, and buses; builds commuter locomotives; and refurbishes passenger transit vehicles. This segment serves public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses. The company's products comprise positive train control equipment and electronically controlled pneumatic braking products; railway electronics, including event recorders, monitoring equipment, and end of train devices; freight car trucks and couplers; draft gears, couplers, and slack adjusters; and air compressors and dryers. Its products also include track and switch products; railway braking equipment and related components; friction products consisting of brake shoes and pads; window assemblies, and accessibility lifts and ramps for buses and subway cars; and traction motors, as well as 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.

Corporate Governance

Westinghouse Air Brake Technologies Corporation’s ISS Governance QualityScore as of April 1, 2018 is 4. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 3; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.