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Stock impact report

Robot railcar tech firm adds former Wabtec CEO [Yahoo! Finance]

Westinghouse Air Brake Technologies Corporation (WAB) 
Last westinghouse air brake technologies corporation earnings: 2/18 06:58 am Check Earnings Report
US:NYSE Investor Relations: wabtec.com/investors
Company Research Source: Yahoo! Finance
Betler worked as an engineer at Westinghouse, where he became the youngest head of engineering and later president and CEO in the company's 120-year history. He joined Wabtec (NYSE: WAB ) in 2008 and was later named chief operating officer, then president and CEO. Ray Betler During his tenure, Betler led Wabtec's global operations from its base as the dominant builder of diesel locomotives in North America. He directed the strategic acquisition of rail supplier Faiveley Transport, and led Wabtec through its merger with GE Transportation. It has more than $8 billion in revenue and 27,000 employees. He retired in 2019. “Ray has spent his career at the forefront of rail innovation,” said Tim Luchini, CEO of Intramotev, in a statement. “He's led global organizations through times of transformation, and having his experience at Intramotev will be invaluable as we continue to grow.” Based in St. Louis, Intramotev is the only U.S. company to have its autonomous railcars deployed in Show less Read more
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