Wabtec appoints John Olin as CFO, succeeding Pat Dugan effective Oct 1

WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP

John Olin named EVP and CFO effective October 1, 2021, replacing Pat Dugan who leaves in Q4.
Olin previously served as SVP and CFO of Harley-Davidson from 2009 to 2020.
Dugan leaves after nearly 20 years; helped grow Wabtec from ~$2.5B to ~$8B revenue.
Olin's compensation: $750k salary, 100% target bonus, annual equity ~$2M, initial $1M restricted stock.
Olin also receives customary relocation benefits and a retirement vesting provision at age 65.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Patrick A. Dugan

Executive Vice President Finance and Chief Financial Officer

WAB · WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP

Successor: John A. Olin
Filed: August 12, 2021, 7:59 PM ET

Patrick A. Dugan, Executive Vice President Finance and Chief Financial Officer, is leaving the Company to pursue other opportunities.

Appointed

John A. Olin

Executive Vice President and Chief Financial Officer

WAB · WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP

Effective: 2021-10-01
Filed: August 12, 2021, 7:59 PM ET

the Company’s Board of Directors (the “Board”) appointed John A. Olin, 60, to succeed Mr. Dugan, effective October 1, 2021

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Patrick A. Dugan departed as Executive Vice President Finance and Chief Financial Officer at WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP.

Action: leaving the Company
Role: Executive Vice President Finance and Chief Financial Officer

Exact text from the filing

Patrick A. Dugan, Executive Vice President Finance and Chief Financial Officer, is leaving the Company to pursue other opportunities.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

John A. Olin was appointed as Executive Vice President and Chief Financial Officer at WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP.

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

the Company’s Board of Directors (the “Board”) appointed John A. Olin, 60, to succeed Mr. Dugan, effective October 1, 2021

View on SEC.gov

WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP filing history →

Source: SEC EDGAR

accession 0001140361-21-028111

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