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Westinghouse Air Brake Technologies Corp. (WAB)

At 16:00 EST: 39.17 USD  Down 0.38 (0.96%)  
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Westinghouse Air Brake Technologies Corp.
1001 Air Brake Avenue
Wilmerding, PA 15148
Phone: 412-825-1000
Fax: 412-825-1883
Web Site: http://www.wabtec.com

DETAILS
Index Membership: S&P 400 MidCap
S&P 1500 Super Comp
Sector: Services
Industry: Railroads
Employees (last reported count): 7,295

BUSINESS SUMMARY
Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation, provides technology-based equipment and services for the rail industry. It operates in two segments, Freight Group and Transit Group. The Freight Group manufactures and services components for new and existing freight cars and locomotives, builds new switcher locomotives, and rebuilds freight locomotives. The Transit Group manufactures and services components for new and existing passenger transit vehicles, typically subway cars and buses, builds new commuter locomotives, and refurbishes subway cars. The company’s principal component product lines include braking equipment and related components; freight car truck components and undercarriage components; draft gears, couplers, and slack adjusters; air compressors and dryers; positive train control equipment and electronically controlled pneumatic braking products; railway electronics, including event recorders, monitoring equipment, and end of train devices; friction products, including brake shoes and pads; rail and bus door assemblies; accessibility lifts and ramps for buses and subway cars; heat exchangers and cooling products for locomotives and power generation equipment; commuter and switcher locomotives; and transit car and locomotive overhauls. Its customers include railroads in North America, as well as in the United Kingdom, Australia, Europe, Asia, and South Africa; manufacturers of transportation equipment, such as locomotives, freight cars, subway vehicles, and buses; lessors of such equipment; and passenger transit authorities, primarily in North America. The company was founded in 1869 and is headquartered in Wilmerding, Pennsylvania.
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    OFFICERS
      Pay Exercised
    Mr. Albert J. Neupaver , 58
    Chief Exec. Officer, Pres
    $ 1.47M $ 0
    Mr. Alvaro Garcia-Tunon , 56
    Chief Financial Officer, Sr. VP and Sec.
    $ 617.00K $ 0
    Mr. Charles F. Kovac , 52
    VP and Group Exec.
    $ 421.00K $ 0
    Mr. David M. Seitz , 44
    VP, Assistant Sec. and Sr. Counsel
    N/A N/A
    Mr. David J. Meyer ,
    VP of Freight Car Products and Gen. Mang. of Freight Car Products
    N/A N/A
    Dollar amounts are as of 31-Dec-08 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.
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