Westinghouse Air Brake Technologies Corporation named Albert J. Neupaver chairman and chief executive officer, and Raymond T. Betler president and chief operating officer, effective May 14, 2013. Neupaver, 62, has been the company's president and CEO, and a board member, since 2006. He succeeds William E. Kassling as chairman of the board and will also remain CEO.

Kassling will remain on the board in the role of Lead Director, after being elected for a new, three-year term at the annual shareholders meeting. Betler, 57, joined the company in 2008 as vice president and group executive of the company's Transit Group and was promoted to chief operating officer in 2010. As president and COO, he will assume additional responsibility for Wabtec's day-to-day operations, including functional areas such as finance, human resources, corporate development and legal.

He has more than 30 years of experience in the transportation industry.