Effective immediately, Wabtec Chairman Albert J. Neupaver has been re-appointed executive chairman of the company, while Raymond T. Betler remains Wabtec's president and CEO. Following the completion of the transaction, Stéphane Rambaud-Measson will become president and CEO of Wabtec's Transit Segment and Rafael Santana, president and CEO of GE Transportation, will become president and CEO of Wabtec's Freight Segment.