Wabtec Announces Resignation of COO

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.