Rafael Santana

Rafael Santana leads Wabtec Corporation as President and CEO, overseeing the world's largest provider of freight rail technology and equipment. Wabtec was transformed by its 2019 merger with GE Transportation — GE's century-old locomotive business — creating a comprehensive rail technology company that spans locomotives, braking and safety systems, signaling and communications, and digital optimization solutions. Wabtec's freight segment builds new diesel-electric and battery-electric locomotives (under the legacy GE brand), provides locomotive overhauls and modernizations, and sells components to railroads worldwide. The transit segment provides propulsion, braking, and control systems for passenger rail and metro systems. The digital electronics segment offers positive train control (PTC), energy management, and fleet optimization software. The freight rail industry is moving toward decarbonization through battery-electric and hydrogen locomotives — Wabtec has developed the FLXdrive battery-electric locomotive as a path toward zero-emission rail. Key stock drivers include North American and international locomotive orders, railroad capital spending cycles, aftermarket parts and services revenue, transit project pipeline globally, battery-electric locomotive adoption, digital solutions growth, freight rail traffic volumes, and the long-term modal shift potential from truck to rail for environmental reasons.