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7/22/2004



Rail News: Rail Industry Trends

In memoriam: Former Wabtec President, CEO Davies



Yesterday, former Wabtec Corp. President and Chief Executive Officer Gregory Davies died at his Pittsburgh home. He was 57.

Davies was diagnosed with a malignant brain tumor in March and stepped down as Wabtec's top executive in May. He is survived by his wife, Jamini, and two daughters.

"This is a very sad occasion for the Wabtec family," said Wabtec Chairman, President and CEO William Kassling in a prepared statement. "Greg's courage and strength were an inspiration to everyone here, and his legacy at Wabtec will live on."

Davies joined Wabtec in 1998 as president and chief operating officer, was elected to the company's board in 1999 and named CEO in 2001. He previously served Danaher Corp. for 10 years as a group vice president of several business units, and Cummins Engine Co. for 13 years in a number of sales and business development capacities.

To honor Davies, Wabtec has established "The Gregory T.H. Davies Brain Tumor Research and Physician Education Endowed Fund" through the University of Pittsburgh Cancer Institute (UPCI). The fund will help promote scientific and/or clinical research on preventing, detecting, diagnosing and/or treating brain tumors, and create cancer patient care education initiatives.

Wabtec executives and directors will contribute $300,000 toward the fund's $1.5 million goal. The company will match employee donations dollar-for-dollar.

Wabtec officials ask that donations be mailed to UPCI Development Department, UPMC cancer pavilion, first floor, 5150 Centre Ave., Pittsburgh, PA, 15232.


Contact Progressive Railroading editorial staff.

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