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Wabtec names executive chairman

Staff writer | Wilmerding, Pa., USA – Wabtec Corporation named Albert J. Neupaver executive chairman and promoted Raymond T. Betler to president and chief executive officer.[break]


Mr. Neupaver joined Wabtec Corporation on February 1, 2006 as president and chief executive officer, and a member of the company’s Board of Directors. He was named Chairman of the Board and Chief Executive Officer on May 14, 2013.

Prior to joining Wabtec, Mr. Neupaver spent nine years as president of the Electromechanical Group of AMETEK, Inc., a manufacturer of electronic instruments and electric motors. He joined AMETEK in 1988 as vice president and general manager of its Specialty Metals Products Division. In 1993, he was promoted to president of the company’s Industrial Materials Group and became a member of the Executive Office.

Prior to joining AMETEK, Mr. Neupaver spent 11 years with Pfizer, Inc. in several engineering, operating and business management positions. He earned a Bachelor’s Degree in Mechanical Engineering from the U.S. Naval Academy in 1972 and served as an officer on nuclear submarines from 1972
| May 16, 2014
Albert J. NeupaverMay 16, 2014, Wilmerding, Pa., USA – Wabtec Corporation named Albert J. Neupaver executive chairman and promoted Raymond T. Betler to president and chief executive officer.
Mr. Neupaver joined Wabtec Corporation on February 1, 2006 as president and chief executive officer, and a member of the company’s Board of Directors. He was named Chairman of the Board and Chief Executive Officer on May 14, 2013.

Prior to joining Wabtec, Mr. Neupaver spent nine years as president of the Electromechanical Group of AMETEK, Inc., a manufacturer of electronic instruments and electric motors. He joined AMETEK in 1988 as vice president and general manager of its Specialty Metals Products Division. In 1993, he was promoted to president of the company’s Industrial Materials Group and became a member of the Executive Office.

Prior to joining AMETEK, Mr. Neupaver spent 11 years with Pfizer, Inc. in several engineering, operating and business management positions. He earned a Bachelor’s Degree in Mechanical Engineering from the U.S. Naval Academy in 1972 and served as an officer on nuclear submarines from 1972-77. Although he left active duty to join Pfizer, Mr. Neupaver served in the U.S. Naval Reserves for the next 25 years and retired as a captain in 2002.

While he was with Pfizer, he earned a Master’s Degree in Materials Science and Metallurgical Engineering (1980) and a Master’s Degree in Business Administration (1982), both from the University of Pittsburgh.

Mr. Betler was also appointed to the Wabtec Board of Directors. He joined Wabtec in 2008 as vice president and group executive of the company’s Transit Group. He was promoted to chief operating officer in 2010 and to president and chief operating officer in 2013. He has more than 35 years of experience in the transportation industry and extensive knowledge of Wabtec’s key markets and customers worldwide.

Mr. Betler has degrees in electrical engineering and economics, and administration/management science from Carnegie Mellon University. He joined the former Westinghouse Transportation Division as a design engineer in 1979 and in 1994 was named president of the unit, which later became part of Bombardier Transportation.

While in that position, he lived in London for two years and led a team that launched the London Underground concession, the largest public-private transportation project in the world. He serves on the board of Dollar Bank.


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