Rafael O. Santana is the President and CEO of Wabtec Inc., a leader in the transportation industry, known for its innovation in rail technologies. He took the helm at Wabtec in July 2019, following the merger with GE Transportation, where...

Number of Employees

1.1K

Year

2023

Total Compensation

$14.14M

Salary

$1.33M

Board Justification

The compensation philosophy aims to attract, motivate, and retain key executive talent while aligning their interests with those of shareholders through performance-based compensation.

Bonus

$3.49M

Board Justification

The annual cash bonus is based on financial performance metrics including EPS and cash conversion, with a personal performance modifier.

Other

$27.88K

Board Justification

Other compensation includes contributions to retirement plans and insurance premiums.

Restricted Stock

$9.30M(69.1K common stock)

Board Justification

69,095 shares of Wabtec Common stock vested in 2023 as part of the long-term incentive plan based on performance metrics over the 2021-2023 cycle.

Performance Metrics

The performance metrics for 2023 included EPS, cash conversion, EBIT margin, and revenue growth.

SEC Filing

From April 4, 2024