Raymond T. Betler led Wabtec Corporation as CEO from 2014 until 2019. His experience in the transportation industry runs deep, with more than 30 years of involvement, including key roles in Bombardier Transportation. During his time at Wabtec, he was...

Raymond T. Betler led Wabtec Corporation as CEO from 2014 until 2019. His experience in the transportation industry runs deep, with more than 30 years of involvement, including key roles in Bombardier Transportation. During his time at Wabtec, he was known for making strategic decisions that greatly impacted the company’s direction, including overseeing major acquisitions. In 2014, when he became CEO, his base salary was set at $700,000, which increased over the years as his role evolved. Interestingly, in 2019, his total compensation was significantly influenced by a generous severance package after his departure, which included benefits totaling around $5 million. He engaged in substantial insider trading during his tenure, selling millions in shares with values fluctuating between $12.72M to $31.82M monthly during various periods. Betler was instrumental in leading Wabtec’s growth and adapting to market changes, showcasing resilience and a forward-thinking approach in a competitive industry. With practical leadership and insights, he played a critical role in navigating challenges and seizing opportunities during his time with Wabtec.