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WBC Westpac Banking Corp

17.26
0.00 (0.00%)
10:29:44 - Realtime Data
Share Name Share Symbol Market Type
Westpac Banking Corp TG:WBC Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 17.26 17.144 17.346 0.00 10:29:44

WABCO Further Strengthens Global Management Team; Expands Leadership for Technology and Growth With New Executive Appointments

15/07/2008 6:08pm

PR Newswire (US)


Westpac Banking (TG:WBC)
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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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