WABCO Appoints New Chief Financial Officer
March 09 2018 - 7:00AM
WABCO Holdings Inc. (NYSE:WBC) (www.wabco-auto.com), a leading
global supplier of technologies that improve the safety, efficiency
and connectivity of commercial vehicles, today announced that it
has appointed Roberto Fioroni to the role of Chief Financial
Officer (CFO) starting by June 6, 2018.
Roberto Fioroni brings to WABCO over 20 years of financial
management experience with two leading multinationals, The Goodyear
Tire & Rubber Company, and General Electric. In addition to
having gained M&A experience, he has held a wide range of
finance leadership positions with responsibility across Africa,
Europe, North America and the Middle East. Most recently, he was
Vice President, Finance, for Goodyear’s Europe, Middle East and
Africa (EMEA) business unit. Prior to joining Goodyear in 2009,
Fioroni held a number of senior positions during a 13-year career
with General Electric. He was latterly Chief Financial Officer
(EMEA) for General Electric’s Security Division. Fioroni holds a
degree in Business Administration from the Universita Commerciale
Luigi Bocconi in Milan, Italy.
“I am very pleased that as a fast-growing, global, technology
business, we have attracted someone of Roberto Fioroni’s caliber to
join WABCO’s diverse and talented executive team,” said Jacques
Esculier, WABCO Chairman and Chief Executive Officer. “As we
continue to drive WABCO’s differentiation and outperformance
agenda, Roberto’s acute global financial controls expertise,
business acumen and M&A experience will be instrumental in
helping WABCO to sustain value creation for our shareholders.”
“Leading our global finance team, Roberto will further
strengthen our financial excellence to meet the increasingly
complex and stringent regulatory environment WABCO faces. I would
also like to thank Alexander De Bock for his excellent support as
Interim CFO which further underlines the exceptional bench-strength
of our senior management team,” added Esculier.
About WABCOWABCO (NYSE:WBC) is a leading global
supplier of technologies and services that improve the safety,
efficiency and connectivity of commercial vehicles. Originating
from the Westinghouse Air Brake Company founded nearly 150 years
ago, WABCO continues to pioneer breakthrough innovations to enable
autonomous driving in the commercial vehicle industry. Today,
leading truck, bus and trailer brands worldwide rely on WABCO’s
differentiating technologies, including advanced driver assistance,
braking, steering and stability control systems. Powered
by its vision for accident-free driving and greener transportation
solutions, WABCO is also at the forefront of advanced fleet
management systems that contribute to commercial fleet efficiency.
For six consecutive years, Institutional Investor has named WABCO
among the “Top 3” in its sector for “Best CEO.” In 2017, WABCO
reported sales of $3.3 billion and has nearly 15,000 employees
in 40 countries. For more information,
visit www.wabco-auto.com.
WABCO global media contactNina Friedmann, +49
69 719 168 171, wabco@klenkhoursch.de
WABCO investors and analysts contactSean
Deason, +1 248 270 9287, investorrelations@wabco-auto.com
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