GE Transportation

Micron Appoints Robert Swan to its Board of Directors

Retrieved on: 
Monday, March 11, 2024

BOISE, Idaho, March 11, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), an industry leader in innovative memory and storage solutions, today announced the appointment of Robert (Bob) Swan to its board of directors.

Key Points: 
  • BOISE, Idaho, March 11, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), an industry leader in innovative memory and storage solutions, today announced the appointment of Robert (Bob) Swan to its board of directors.
  • Prior to joining Intel, as CFO of eBay, Swan played a significant role in driving the company’s global expansion strategy.
  • “We are thrilled to welcome Bob to our board and look forward to his contributions to our strategic direction and long-term success.”
    In addition to his new position at Micron, Swan is on the boards of several organizations, including the board of directors for Nike, Inc., Flexport and the board of commissioners of GoTo Group.
  • He previously served on the board of directors for eBay, Applied Materials, Intel and Skype.

USIC Announces Appointment of President and CEO

Retrieved on: 
Wednesday, February 28, 2024

USIC, North America’s leading provider of underground utility locating services, announced today the appointment of Yuvbir Singh as President and Chief Executive Officer.

Key Points: 
  • USIC, North America’s leading provider of underground utility locating services, announced today the appointment of Yuvbir Singh as President and Chief Executive Officer.
  • Ron Childress, USIC’s interim CEO, has held the position since September 2023 and will return to his previous role as a member of USIC’s Board of Directors.
  • “USIC and our customers will benefit from his extensive experience and innovative approach.
  • Partners Group originally invested in USIC in 2017 and partnered in November 2022 with a Kohlberg-led consortium, including funds managed by Mubadala and Neuberger Berman.

Wabtec Comment on Progress Rail Complaint

Retrieved on: 
Monday, September 11, 2023

Wabtec Corporation today released the following statement about the purported antitrust complaint filed last week by Progress Rail, a Caterpillar Inc. company:

Key Points: 
  • Wabtec Corporation today released the following statement about the purported antitrust complaint filed last week by Progress Rail, a Caterpillar Inc. company:
    “We believe that Progress Rail’s recent complaint against Wabtec at its core is an unsupported attack on the merger of Wabtec and GE Transportation, which was completed over four years ago.
  • The merger has provided benefits to the entire industry, as well as Progress Rail itself.
  • Progress Rail actively participated in the U.S. Government’s review of that transaction and benefitted by entering into agreements with Wabtec that transferred Wabtec technology to it as part of the United States Department of Justice and global merger clearance process.
  • We also firmly believe that Progress Rail’s assertions that Wabtec breached agreements or engaged in other illegal conduct are wrong.

CSafe Expands Executive Team with Chief Financial Officer

Retrieved on: 
Tuesday, September 12, 2023

MONROE, Ohio, Sept. 12, 2023 /PRNewswire/ -- CSafe, the largest active and passive temperature-controlled shipping solutions provider for the biopharmaceutical industry, announced today that Anthony Pishotti has joined the team as Chief Financial Officer (CFO). This expansion of the executive leadership team will accelerate CSafe's mission to ensure patients around the world receive the medicines and treatments they need.

Key Points: 
  • Seasoned financial leader, Anthony Pishotti, joins CSafe executive team to further drive the company's portfolio and geographic growth.
  • MONROE, Ohio, Sept. 12, 2023 /PRNewswire/ -- CSafe , the largest active and passive temperature-controlled shipping solutions provider for the biopharmaceutical industry, announced today that Anthony Pishotti has joined the team as Chief Financial Officer (CFO).
  • This expansion of the executive leadership team will accelerate CSafe's mission to ensure patients around the world receive the medicines and treatments they need.
  • His experience leading global companies through best-in-class financial planning, commercial operations, and M&A integrations will be invaluable," said Patrick Schafer, CEO of CSafe.

CSafe Expands Executive Team with Chief Financial Officer

Retrieved on: 
Tuesday, September 12, 2023

MONROE, Ohio, Sept. 12, 2023 /PRNewswire/ -- CSafe, the largest active and passive temperature-controlled shipping solutions provider for the biopharmaceutical industry, announced today that Anthony Pishotti has joined the team as Chief Financial Officer (CFO). This expansion of the executive leadership team will accelerate CSafe's mission to ensure patients around the world receive the medicines and treatments they need.

Key Points: 
  • Seasoned financial leader, Anthony Pishotti, joins CSafe executive team to further drive the company's portfolio and geographic growth.
  • MONROE, Ohio, Sept. 12, 2023 /PRNewswire/ -- CSafe , the largest active and passive temperature-controlled shipping solutions provider for the biopharmaceutical industry, announced today that Anthony Pishotti has joined the team as Chief Financial Officer (CFO).
  • This expansion of the executive leadership team will accelerate CSafe's mission to ensure patients around the world receive the medicines and treatments they need.
  • His experience leading global companies through best-in-class financial planning, commercial operations, and M&A integrations will be invaluable," said Patrick Schafer, CEO of CSafe.

Lam Research Appoints General Electric Alum John M. Dineen to Board of Directors

Retrieved on: 
Thursday, August 24, 2023

FREMONT, Calif., Aug. 24, 2023 /PRNewswire/ -- Lam Research Corp. (NASDAQ: LRCX) today announced that John M. Dineen has joined its board of directors, effective August 24, 2023.

Key Points: 
  • FREMONT, Calif., Aug. 24, 2023 /PRNewswire/ -- Lam Research Corp. (NASDAQ: LRCX) today announced that John M. Dineen has joined its board of directors, effective August 24, 2023.
  • Dineen brings to Lam extensive experience in technology, operations, and international business management, including previously serving in multiple executive leadership roles at General Electric Company (GE).
  • "We are proud to welcome John Dineen to our board," said Abhijit Talwalkar, chairman of the board at Lam Research.
  • His contributions to our board will be incredibly valuable as Lam continues to enable breakthroughs in the semiconductor industry."

Global Railway Signaling Systems Markets Report, 2021-2022 & 2022-2030: Stiff Competition from Chinese Players vs Established Global Players Such as ALSTOM, SIMEMENS, and Thales - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 8, 2023

Increasing demand for advance controlling systems and rising high-speed railway projects will drive the demand for railway signaling systems.

Key Points: 
  • Increasing demand for advance controlling systems and rising high-speed railway projects will drive the demand for railway signaling systems.
  • The market for railway signaling systems expected to witness significant growth with the deployment of communication-based train control (CBTC) and other advanced signaling techniques.
  • Rising investment in urban transportation particularly in railway networks is increasing the demand for CBTC systems globally for efficient rail traffic management.
  • Hitachi, Toshiba, and China Railway Signal and Communication Co are prominent players in the Asia Pacific railway Signaling systems market.

AE Industrial Partners adds Gary Mercer and Shane Wright, Longtime GE and Aerospace Industry Leaders, as Special Advisors

Retrieved on: 
Wednesday, June 7, 2023

BOCA RATON, Fla., June 7, 2023 /PRNewswire/ -- AE Industrial Partners, LP ("AEI"), a private equity firm specializing in aerospace, defense & government services, space, power & utility services, and specialty industrial markets, announced today that longtime GE and aerospace industry leaders Gary Mercer and Shane Wright have joined the firm as Special Advisors, effective immediately.

Key Points: 
  • BOCA RATON, Fla., June 7, 2023 /PRNewswire/ -- AE Industrial Partners, LP ("AEI"), a private equity firm specializing in aerospace, defense & government services, space, power & utility services, and specialty industrial markets, announced today that longtime GE and aerospace industry leaders Gary Mercer and Shane Wright have joined the firm as Special Advisors, effective immediately.
  • Mr. Mercer's decades of aerospace engineering and technology experience includes 36 years of service at various GE entities.
  • Mr. Mercer was also previously the Vice President and Chief Engineer of GE Aviation's Engineering division.
  • Mr. Wright previously was the Chief Financial Officer for GE Healthcare International, GE Transportation, and Property & Casualty for Insurance Solutions.

HYZON MOTORS EXPANDS LEADERSHIP TEAM WITH BAPPA BANERJEE AS FIRST CHIEF OPERATING OFFICER

Retrieved on: 
Thursday, April 20, 2023

ROCHESTER, N.Y., April 20, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN), a global supplier of zero-emission heavy-duty fuel cell electric vehicles, today announced Dr. Bappa Banerjee has been named Chief Operating Officer (COO), effective May 1, 2023. As the company's first Chief Operating Officer, Dr. Banerjee will oversee Hyzon Motors' global operations, manufacturing, engineering, commercial and end-to-end supply chain. In this role, Dr. Banerjee will lead the operations team to ensure delivery of high-quality products to customers and provide strategic direction for Hyzon's continued growth as the company develops and delivers hydrogen-powered fuel cell vehicles throughout its markets.

Key Points: 
  • As the company's first Chief Operating Officer, Dr. Banerjee will oversee Hyzon Motors' global operations, manufacturing, engineering, commercial and end-to-end supply chain.
  • "Dr. Banerjee will be a critical part of Hyzon's leadership team as we continue working toward our mission of producing zero-emissions hydrogen fuel cell powered commercial vehicles," said Hyzon Chief Executive Officer (CEO) Parker Meeks.
  • "His experience includes a rare combination of driving global engineering in powertrain development and implementing world-class manufacturing and operating processes across markets.
  • Bappa brings the industry background and leadership expertise to take Hyzon fuel cell electric trucks to production and commercialization with strong global safety and quality standards, and excellent regional execution."

Electric Traction Motor Market Will Reach USD 34,891 Million by 2030, Says P&S Intelligence

Retrieved on: 
Wednesday, March 15, 2023

NEW YORK, March 15, 2023 /PRNewswire/ -- The electric traction motor market size is projected to be USD 34,891 million by 2030, advancing at a CAGR of 13.5% over this decade, as per P&S Intelligence.

Key Points: 
  • NEW YORK, March 15, 2023 /PRNewswire/ -- The electric traction motor market size is projected to be USD 34,891 million by 2030, advancing at a CAGR of 13.5% over this decade, as per P&S Intelligence.
  • Compared to roads, railways are a cheaper mode of transport for people and goods over long distances within a country.
  • Electric motors are extensively utilized in the railways sector because of their high performance, modular design, low maintenance needs, and longevity.
  • Further, it continues to manufacture the WAP-5 and WAP-7 classes of electric passenger locomotives at its two plants across the country.