Wabtec Announces Management Appointments in Freight Group, Corporate Staff

Apr 11, 2001, 01:00 ET from Wabtec Corporation

    WILMERDING, Pa., April 11 /PRNewswire/ -- Gregory T.H. Davies, president
 and chief executive officer of Wabtec Corporation (NYSE:   WAB), today announced
 several management appointments in the company's Freight Group and corporate
 staff, effective immediately.  The appointments and related initiatives are
 designed primarily to improve coordination, planning and marketing across the
 company's business units.
     "The various Wabtec companies have been successful on their own for many
 years," said Davies, who was named chief executive officer in February.  "But
 it's clear that we have opportunities to improve our customer service and
 financial performance by working together across business unit boundaries.
 This is particularly important as our railroad customers increasingly rely on
 key suppliers to provide systems and services, not just individual
 components."
     Following are the management appointments in the Freight Group, which
 accounts for about 75 percent of Wabtec's annual sales:
 
    -- Paul E. Golden, vice president and group executive, with responsibility
    for most of the company's original equipment freight railroad businesses,
    including Cardwell Westinghouse, WABCO Freight Car Products and WABCO
    Locomotive Products.  He was also named a Wabtec corporate officer.
    Golden has been president of Cardwell Westinghouse since he joined the
    company in 1998.  Previously, he held management positions with
    Federal-Mogul and Westinghouse Electric.
 
    -- Anthony J. Carpani, vice president and group executive, in charge of
    the company's friction products businesses worldwide.  He was also named a
    Wabtec corporate officer.  Previously, Carpani was managing director of
    friction products business units in Australia and India, and helped to
    grow their sales in Europe and the Pacific Rim.  He joined the company in
    1992 after managing a plastics packaging company.
 
    -- Robert P. Haag, president of Wabtec Railway Electronics.  Previously,
    he was director of Train Control and Communications Systems for this
    Wabtec company.  He joined Wabtec in 1998 with the acquisition of
    Rockwell's Railroad Electronics business, after spending eight years with
    Rockwell.  Haag will be responsible for all aspects of Wabtec's
    electronics business, with an emphasis on developing system solutions for
    railroad customers.
 
    -- James E. Lindsay, acting vice president, in charge of the company's
    locomotive aftermarket business units.  Lindsay replaces Joseph S.
    Crawford Jr., who resigned to become chief executive officer of a
    specialty freight car manufacturer.  Lindsay has been with Wabtec
    companies since 1989 in various operating management roles.
 
     Following are the corporate staff appointments:
 
    -- Scott E. Wahlstrom, vice president of human resources and a corporate
    officer.  He succeeds Kevin P. Conner who will remain with the company as
    vice president of labor relations.  Wahlstrom was vice president of human
    resources for MotivePower Industries, which merged with Westinghouse Air
    Brake in November 1999 to form Wabtec.  He joined the company in 1992.
 
    -- James E. McClaine, vice president of railroad marketing.  With 38 years
    of rail industry experience, McClaine will be responsible for coordinating
    sales and marketing activities across all Freight Group business units,
    particularly for major projects that involve multiple units.  Previously,
    he was president of Wabtec Railway Electronics.  McClaine has been with
    Wabtec companies since 1988 and also spent time with Union Switch & Signal
    and General Electric.
 
    -- Seppo O. Saarinen, vice president of product development.  Saarinen
    joined Wabtec in 1999 as vice president of railroad product planning.  He
    will now be in charge of coordinating new product development activities
    for the entire corporation.  Prior to joining the company, he spent
    15 years with Cummins Inc. in various program management and vehicle
    engineering positions.
 
    -- Richard A. Tamborski, vice president of sourcing and logistics.
    Tamborski will be in charge of coordinating purchasing, sourcing and
    logistics functions across all business units, including developing the
    process of leveraging Wabtec's purchasing to reduce supply chain costs.
    Tamborski has been with Wabtec companies since 1988 in various operating,
    purchasing and logistics positions.
 
     Wabtec Corporation (www.wabtec.com) is North America's largest provider of
 value-added, technology-based products and services for the rail industry.
 Through its subsidiaries, the company manufactures a full range of products
 for locomotives, freight cars and passenger transit vehicles.  The company
 also builds new locomotives up to 4,000 horsepower and provides aftermarket
 services, including locomotive and freight car fleet maintenance.  The company
 has facilities located throughout the world.  Wabtec's mission is to be judged
 by its stakeholders as the world-class corporation focused on helping its
 global rail and transit customers compete more effectively through higher
 levels of quality, safety and productivity.
 
 

SOURCE Wabtec Corporation
    WILMERDING, Pa., April 11 /PRNewswire/ -- Gregory T.H. Davies, president
 and chief executive officer of Wabtec Corporation (NYSE:   WAB), today announced
 several management appointments in the company's Freight Group and corporate
 staff, effective immediately.  The appointments and related initiatives are
 designed primarily to improve coordination, planning and marketing across the
 company's business units.
     "The various Wabtec companies have been successful on their own for many
 years," said Davies, who was named chief executive officer in February.  "But
 it's clear that we have opportunities to improve our customer service and
 financial performance by working together across business unit boundaries.
 This is particularly important as our railroad customers increasingly rely on
 key suppliers to provide systems and services, not just individual
 components."
     Following are the management appointments in the Freight Group, which
 accounts for about 75 percent of Wabtec's annual sales:
 
    -- Paul E. Golden, vice president and group executive, with responsibility
    for most of the company's original equipment freight railroad businesses,
    including Cardwell Westinghouse, WABCO Freight Car Products and WABCO
    Locomotive Products.  He was also named a Wabtec corporate officer.
    Golden has been president of Cardwell Westinghouse since he joined the
    company in 1998.  Previously, he held management positions with
    Federal-Mogul and Westinghouse Electric.
 
    -- Anthony J. Carpani, vice president and group executive, in charge of
    the company's friction products businesses worldwide.  He was also named a
    Wabtec corporate officer.  Previously, Carpani was managing director of
    friction products business units in Australia and India, and helped to
    grow their sales in Europe and the Pacific Rim.  He joined the company in
    1992 after managing a plastics packaging company.
 
    -- Robert P. Haag, president of Wabtec Railway Electronics.  Previously,
    he was director of Train Control and Communications Systems for this
    Wabtec company.  He joined Wabtec in 1998 with the acquisition of
    Rockwell's Railroad Electronics business, after spending eight years with
    Rockwell.  Haag will be responsible for all aspects of Wabtec's
    electronics business, with an emphasis on developing system solutions for
    railroad customers.
 
    -- James E. Lindsay, acting vice president, in charge of the company's
    locomotive aftermarket business units.  Lindsay replaces Joseph S.
    Crawford Jr., who resigned to become chief executive officer of a
    specialty freight car manufacturer.  Lindsay has been with Wabtec
    companies since 1989 in various operating management roles.
 
     Following are the corporate staff appointments:
 
    -- Scott E. Wahlstrom, vice president of human resources and a corporate
    officer.  He succeeds Kevin P. Conner who will remain with the company as
    vice president of labor relations.  Wahlstrom was vice president of human
    resources for MotivePower Industries, which merged with Westinghouse Air
    Brake in November 1999 to form Wabtec.  He joined the company in 1992.
 
    -- James E. McClaine, vice president of railroad marketing.  With 38 years
    of rail industry experience, McClaine will be responsible for coordinating
    sales and marketing activities across all Freight Group business units,
    particularly for major projects that involve multiple units.  Previously,
    he was president of Wabtec Railway Electronics.  McClaine has been with
    Wabtec companies since 1988 and also spent time with Union Switch & Signal
    and General Electric.
 
    -- Seppo O. Saarinen, vice president of product development.  Saarinen
    joined Wabtec in 1999 as vice president of railroad product planning.  He
    will now be in charge of coordinating new product development activities
    for the entire corporation.  Prior to joining the company, he spent
    15 years with Cummins Inc. in various program management and vehicle
    engineering positions.
 
    -- Richard A. Tamborski, vice president of sourcing and logistics.
    Tamborski will be in charge of coordinating purchasing, sourcing and
    logistics functions across all business units, including developing the
    process of leveraging Wabtec's purchasing to reduce supply chain costs.
    Tamborski has been with Wabtec companies since 1988 in various operating,
    purchasing and logistics positions.
 
     Wabtec Corporation (www.wabtec.com) is North America's largest provider of
 value-added, technology-based products and services for the rail industry.
 Through its subsidiaries, the company manufactures a full range of products
 for locomotives, freight cars and passenger transit vehicles.  The company
 also builds new locomotives up to 4,000 horsepower and provides aftermarket
 services, including locomotive and freight car fleet maintenance.  The company
 has facilities located throughout the world.  Wabtec's mission is to be judged
 by its stakeholders as the world-class corporation focused on helping its
 global rail and transit customers compete more effectively through higher
 levels of quality, safety and productivity.
 
 SOURCE  Wabtec Corporation

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