NYSE:WABMachinery
Former Wabtec CEO’s Intramotev Move Highlights Autonomous Railcar Competition Risk
Former Wabtec Chief Executive Ray Betler has joined the board of autonomous railcar company Intramotev.
The appointment connects a past leader of Westinghouse Air Brake Technologies (NYSE:WAB) with a rail technology startup focused on driverless freight solutions.
Betler is bringing rail industry and acquisitions experience from his tenure at Wabtec to Intramotev's boardroom.
For you as a Wabtec watcher, this board move links NYSE:WAB to a younger player working on autonomous railcar...