Supervisory & management Board

Supervisory Board



Al Neupaver joined the Supervisory Board of the Company on November 30, 2016, and is the Chairman from this date.

Al Neupaver joined Wabtec Corporation on Feb. 1, 2006 as president and chief executive officer, and a member of the company’s Board of Directors. He was named Executive Chairman on May 14, 2014.

Prior to joining Wabtec, Neupaver spent nine years as president of the Electromechanical Group of AMETEK, Inc., a leading global manufacturer of electronic instruments and electric motors with annual sales of more than $1.5 billion. Under Neupaver’s leadership, the Electromechanical Group increased its operating profit by almost 60 percent, more than twice the rate of its sales growth. Also during that time, the group drove the development of AMETEK’s lean manufacturing culture, which was later adopted throughout the company. Neupaver 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, Neupaver spent 11 years with Pfizer, Inc. in several engineering, operating and business management positions. A native of Belle Vernon, Pa., 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, 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, Neupaver 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.



Ray Betler joined the Supervisory Board of the Company on November 30, 2016, and is the Vice-Chairman from this date.

Ray Betler is the President and Chief Executive Officer of Wabtec Corporation, and also serves on the Company’s Board of Directors. 

Ray started his career as a design engineer for Westinghouse, and he became the youngest President and CEO in the 120-year history of the company.  He served with the same company under different ownership and corporate structures for 30 years.  The company evolved from Westinghouse to AEG Transportation, ABB Daimler-Benz Transportation (Adtranz) and finally Bombardier Transportation.  Ray not only led the worldwide Total Transit Systems business, headquartered in Pittsburgh, he also lived and worked for two years in the United Kingdom to lead Bombardier’s London Underground Division, a $7.5 billion business, and the largest transportation industry public private partnership effort in the world.  He joined Wabtec in 2008 as Group Executive Transit and was promoted to Chief Operating Officer in 2010.  He was named President and Chief Operating Officer in 2013, and President and Chief Executive Officer in 2014.

A native of Pittsburgh, Ray holds a B.S. degree in Electrical Engineering and Economics as well as a degree in Administration/Management Science, both from Carnegie Mellon University. He has attended graduate classes at Katz Business School at the University of Pittsburgh.  He has certificates from the Executive Development Program at IMD in Lausanne, Switzerland and the Finance for Executives Program at INSEAD in Fontainebleau, France. 



Linda Harty joined the Supervisory Board of the Company on November 30, 2016.

Linda Harty, 55, former vice president and treasurer of Medtronic plc, is a member of Wabtec’s Board of Directors and serves on the Board’s Audit Committee. She has a strong background in all finance and treasury functions in a variety of industries, in particular in disciplines such as tax and acquisitions.

Harty, who joined Medtronic in 2010, is also a member of the Board of Directors of Parker Hannifin and serves as chair of the company’s Audit Committee. Prior to joining Medtronic, she held executive and management positions with Cardinal Health, RTM Restaurant Group, BellSouth, ConAgra and Kimberly-Clark.



Nicoletta Giadrossi-Morel was appointed as a member of the Supervisory Board at the Combined General Meeting of 14 September 2011.

Nicoletta Giadrossi-Morel graduated in Mathematics and Economics from Yale University and holds an MBA from the Harvard Business School. She is currently a Shareholder Representative at Aker Asa, a Norwegian holding company which owns numerous companies in the Offshore Energy and Engineering sector. She was Vice-Chairman and Chief Executive Officer of Dresser-Rand, EMEA (Europe, Middle-East, Africa) for four years and spent ten years with General Electric where she held various profit centre management roles, in particular in the “Equipment Management” and “Oil & Gas” divisions. 
She also worked as a consultant for Boston Consulting Group and in private equity.

Christopher SPENCER

Christopher Spencer was appointed as a member of the Supervisory Board at the Combined General Meeting of 22 September 2009, following the resignation of Denis Grand-Perret, and reappointed at the Combined General Meeting of 14 September 2011. He was previously a Director of the Board of Faiveley Transport (November 2004 – February 2009).

Christopher Spencer holds both a French and German degree in higher management studies (ESC Reims and Fachhochschule Reutlingen) and is a Chartered Accountant. After an experience of over 20 years in private equity in Europe, of which the last 6 years he spent with Sagard funds, which he helped establish in the French market, Mr. Spencer has focused since the start of 2010 on his private investment activities and as a Business Angel.


Mr. Xavier de Lavallade, responsible for the legal matters of the Group assumes the role of Corporate Secretary.

The members of the Supervisory Board may be contacted at Faiveley Transport, Immeuble Delage, Hall Parc - Bâtiment 6A, 6ème étage, 3 rue du 19 mars 1962, 92230, Gennevilliers




Management Board


Stéphane Rambaud Measson has been appointed as Chairman of the Management Board and Chief Executive Officer of Faiveley Transport as of April 7, 2014, after joining the Company in March 2014 as Executive Vice-President. 

Stéphane Rambaud-Measson is a graduate from l’Ecole Supérieure des Arts et Métiers (ENSAM) and from Supélec

He began his professional career in 1987, at Sagem in France and then in the United-States (CA) before joining the division On-board data systems of Alstom Transport in 1990. He then held various management positions in the Traction systems and Electronic systems divisions and was appointed, in 1998, at the Executive Committee of Alstom Transport. In 2004, he joined Bombardier Transportation as Group Vice President Project Management & Administration and member of the Management Committee before being appointed President of Mainline & Metro in 2005 and then President of the Passengers division in 2008. More recently, he was Chief Executive Officer of Veolia Verkehr in Germany.


Patrick D DUGAN 

On 13 December 2016, Pat Dugan was appointed member of the Management Board by the Supervisory Board.

Pat Dugan has been the Chief Financial Officer and Senior Vice President at Westinghouse Air Brake Technologies Corporation since January 1, 2014, after serving as Vice President of Finance since November of 2003. During his time at Wabtec, Pat has been a key member of a management team focused on a growth strategy through new product development, international expansion and acquisition. He is responsible for a number of strategic areas including Finance, Information Technology, and Supply Chain.


Prior to Wabtec, he served as Vice President and Chief Financial Officer at CWI International, Inc., and also with PWC providing business assurance and advisory services. Pat holds an MBA from the Joseph M. Katz Graduate School of Business at the University of Pittsburgh, a Bachelor of Science in Accounting from the Pennsylvania State University, and is a Certified Public Accountant.

Guillaume BOUHOURS


On 1 april 2011, Guillaume Bouhours was appointed member of the Management Board by the Supervisory Board. on 9 June 2011, the Supervisory Board renewed his term of office for a further period of three years.
Guillaume Bouhours graduated from engineering schools Ecole des Mines de Paris and Ecole Polytechnique. Guillaume Bouhours was a  director of  Sagard, a private equity fund and a previous shareholder of Faiveley Transport. In this role, he participated actively in Sagard’s investment decisions and was involved throughout the decision making process of  LBOs implemented by Sagard: from the analysis of the investment opportunity through to the finalisation of the financial and legal aspects of each transaction.
Guillaume Bouhours previously worked in the European Merger & Acquisition department of investment bank Morgan Stanley. 


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