Wabtec (WAB) Tops Q1 EPS by 18c, Revenues Beat; Affirms FY19 EPS Mid-Point Guidance Below Consensus, FY19 Revenue Guidance Above Consensus

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Go back to Wabtec (WAB) Tops Q1 EPS by 18c, Revenues Beat; Affirms FY19 EPS Mid-Point Guidance Below Consensus, FY19 Revenue Guidance Above Consensus

Wabtec (WAB) Reports Rafael Santana to Succeed Ray Betler as Wabtec President & CEO

April 25, 2019 7:34 AM EDT

Wabtec Corporation (NYSE: WAB) today announced Rafael Santana will become president and CEO of the company, effective July 1, 2019. Santana, who will also become a Wabtec board member, will succeed Ray Betler, who will retire as a Wabtec executive and board member.

Santana, 47, joined Wabtec earlier this year as president and CEO of the companys Freight segment following the merger of Wabtec and GE Transportation, where he served as president and CEO of the General Electric unit.

Wabtec Executive Chairman Al Neupaver said: This transition comes at a time of strength at Wabtec given... More