Wabtec Corporation - Westinghouse Air Brake Technologies Corporation
12/04/2024 | Press release | Distributed by Public on 12/04/2024 13:13
Management Change/Compensation Form 8 K
| Item 5.02. |
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.
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On December 2, 2024, the Board of Directors (the "Board") of Westinghouse Air Brake Technologies Corporation ("Wabtec" or the "Company") elected Juan Perez to the Board, effective January 29, 2025. Mr. Perez will join the class of directors whose term expires in 2025.
Mr. Perez will receive compensation in the same manner as Wabtec's other non-employee directors, as described in Wabtec's definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on April 4, 2024. Effective January 29, 2025, Mr. Perez was also appointed to the Audit Committee, the Governance and Sustainability Committee and the Environmental, Social and Governance Subcommittee of the Governance and Sustainability Committee of the Board.
There are no arrangements or understandings between Mr. Perez and any other person pursuant to which Mr. Perez was elected as a member of the Board. There are no related person transactions (within the meaning of Item 404(a) of Regulation S-K promulgated by the Securities and Exchange Commission) between Mr. Perez, on the one hand, and the Company, on the other.