WABCO Further Strengthens Global Management Team; Expands Leadership for Technology and Growth With New Executive Appointments
16 July 2008 - 3:08AM
PR Newswire (US)
BRUSSELS, July 15 /PRNewswire-FirstCall/ -- WABCO Holdings Inc.
(NYSE: WBC), a global technology leader for commercial vehicles,
today announced new executive appointments to further strengthen
the company's senior leadership team and secure WABCO's continued
ability to pioneer technology innovation, demonstrate industry
leadership and consistently outperform market growth in every
region of the world. Kurt Lehmann joins WABCO as Vice President,
Engineering and Product Development, responsible for leading
WABCO's 800 engineers to develop and deploy new and improved
products to meet the needs of the company's increasingly global
customer base of nearly every major manufacturer of trucks, buses
and trailers. Lehmann comes to WABCO from Continental Corporation
where he was Vice President, Systems Engineering, at Continental
Automotive located in Frankfurt, Germany, responsible worldwide for
development processes, system engineering and product development.
Previously, Lehmann was Executive Vice President and General
Manager at Continental's foundation braking systems division based
in Michigan, U.S.A. Christian Wiehen, who has 20 years of
engineering experience with WABCO and since 2005 was Vice
President, Product Development, becomes WABCO Chief Technology
Officer. In this new position, Wiehen will play a key role in
developing WABCO's long-term technology roadmap through
consultation with customers, industry partners, research institutes
and suppliers, as well as strengthening the company's relations
with industry and regulatory bodies internationally. Alfred Farha
joins WABCO as Chief Legal Officer and Secretary. Prior to WABCO,
Farha was General Counsel, Europe, at Flextronics, responsible
globally for the legal affairs of its automotive business segment.
Farha has gained uniquely diverse legal experience working at Cisco
Systems, Unisys Corporation and with leading international law
firms in Europe, North America, Japan and Latin America. Farha has
law degrees from the University of Zurich and Harvard Law School.
He was on the editorial board of the Harvard International Law
Review. "These appointments further enhance the talent level of our
senior leadership, and once again we are adding rich backgrounds
and broad experience to an already diverse, high performance global
leadership team," said Jacques Esculier, WABCO Chief Executive
Officer. "As we now have an executive team consisting of nine
different nationalities, our cultural diversity allows us to
connect increasingly with local customers while constantly building
better understanding of global market opportunities." About WABCO
WABCO Vehicle Control Systems is one of the world's leading
providers of electronic braking, stability, suspension and
transmission automation systems for heavy duty commercial vehicles.
Customers include the world's leading commercial truck, trailer,
and bus manufacturers. Founded in the U.S. in 1869 as Westinghouse
Air Brake Company, WABCO was acquired by American Standard in 1968
and spun off in 2007. Headquartered in Brussels, Belgium, WABCO
employs more than 7,700 people in 31 countries worldwide. In 2007,
WABCO's total sales were US$2.4 billion. WABCO is a publicly traded
company and is listed on the New York Stock Exchange with the stock
symbol WBC. Website: http://www.wabco-auto.com/ Media, investors
and financial analysts contact: Mike Thompson, +32-2-663-9854, ;
Jason Campbell, +1-732-369-7477, DATASOURCE: WABCO Holding Inc.
CONTACT: Media, investors and financial analysts contact: Mike
Thompson, +32-2-663-9854, ; Jason Campbell, +1-732-369-7477, .
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