WABCO Appoints New Chief Financial Officer
BRUSSELS, BELGIUM -- (Marketwired) -- 04/08/14 -- WABCO Holdings Inc.
(NYSE:WBC) (www.wabco-auto.com), a leading global supplier of
technologies to improve the safety and efficiency of commercial
vehicles, announced today that it has appointed Prashanth
Mahendra-Rajah to the role of Chief Financial Officer (CFO) starting
June 3, 2014.
Prashanth Mahendra-Rajah brings to WABCO over 20 years of experience
gained from senior finance roles in a broad range of multinational
and high-tech enterprises, including VISA, as well as United
Technologies Corporation and its subsidiaries Carrier Corporation and
Pratt & Whitney. He has held leadership positions located in Asia,
Europe and North America. Most recently, Prashanth Mahendra-Rajah
served as CFO of the Silicon Systems Group, a $6 billion division of
Applied Materials, based in Santa Clara, Calif.
"We are delighted to have attracted someone of Prashanth's caliber to
join WABCO's globally diverse executive team," said Jacques Esculier,
WABCO Chairman and Chief Executive Officer. "We look forward to
leveraging his keen business acumen and financial management
expertise to support WABCO's growth strategies alongside meeting our
ambitious targets for superior value generation."
Prashanth Mahendra-Rajah holds a Master in Business Administration
from Purdue University in West Lafayette, Ind. He also holds a Master
of Science in Engineering from Johns Hopkins University in Baltimore,
Md., and a Bachelor of Science in Chemical Engineering from the
University of Michigan in Ann Arbor, Mich.
WABCO (NYSE:WBC) is a leading global supplier of technologies and
control systems for the safety and efficiency of commercial vehicles.
Founded nearly 150 years ago, WABCO continues to pioneer breakthrough
electronic, mechanical and mechatronic technologies for braking,
stability and transmission automation systems supplied to the world's
leading commercial truck, bus and trailer manufacturers. With sales
of $2.7 billion in 2013, WABCO is headquartered in Brussels, Belgium.
For more information, visit www.wabco-auto.com
+49 69 7191 6834
Investors and analysts contact
+1 732 369 7465
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