Wabtec Corporation
Approval of Management Proposals at Westinghouse Air Brake Technologies Annual Meeting
Summary
At the 2024 Annual Meeting of Stockholders held on May 16, 2024, Westinghouse Air Brake Technologies Corporation's management proposals 1, 2, and 3 were approved. Proposal 1 elected three directors for a three-year term. Proposal 2 approved an advisory resolution relating to 2023 named executive officer compensation. Proposal 3 ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for fiscal year 2024. The detailed voting results are provided in the Company's proxy statement dated April 4, 2024.
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About Wabtec Corporation
Wabtec Corporation is a leading provider of technology-based equipment and services for the global rail industry. The company, formed through the merger of Wabtec and GE Transportation, specializes in developing, manufacturing, and servicing products that enhance the safety, efficiency, and productivity of freight and transit rail. Notable offerings include locomotives, control systems, and digital solutions that contribute to the optimization of rail network management. Wabtec also delivers crucial after-market services and refurbishment for railway equipment. Serving a critical role in the logistics and transportation sector, Wabtec finds its place at the intersection of innovation and infrastructure, aiding in the smooth flow of goods and passengers over vast distances. Leveraging decades of experience, the company's solutions not only support rail safety and operation but also align with broader trends in sustainability, as rail is one of the more environmentally friendly modes of transport. Headquartered in Pittsburgh, Pennsylvania, Wabtec is a major player in the transportation equipment industry, with a global footprint that underscores its importance in the rail supply chain.
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