Press release from Marketwire
WABCO Gains Recognition for Continued Success in China; WABCO's President of Asia Region Named Among 'Top 100 New Leaders' in China's Economy
Wednesday, March 05, 2014
WABCO Gains Recognition for Continued Success in China; WABCO's President of Asia Region Named Among 'Top 100 New Leaders' in China's Economy02:00 EST Wednesday, March 05, 2014
SHANGHAI, CHINA--(Marketwired - March 5, 2014) - WABCO Holdings Inc. (NYSE:WBC) (www.wabco-auto.com), a global technology leader and tier-one supplier to the commercial vehicle industry, today announced that Dr. Leon Liu, President, WABCO Asia, has been named among the "Top 100 New Leaders" in China's economy in 2013 by China Economic News, a leading business magazine published in China. The award was presented recently at the China Economic Summit Forum held in Beijing and jointly hosted by People's Daily, a leading Chinese newspaper.
This prestigious award further recognizes WABCO's continued growth and success in China. It commends Dr. Liu's leadership for a decade during which WABCO has further solidified its position in China as the supplier of choice for new technologies and control systems that help original equipment manufacturers to develop and build safer and more efficient trucks, buses and trailers. Dr. Liu was the only executive in the Chinese commercial vehicle industry named as one of the "Top 100 New Leaders" in China's economy.
"I am honored to be named among the new leaders of China's economy as this award recognizes WABCO's growing success in China, the world's largest market in the commercial vehicle industry," said Leon Liu, President, WABCO Asia. "WABCO is committed to further extending its local capabilities for innovation while continuing to invest in research, development and manufacturing in China. What differentiates WABCO is our strategy of 'design for China' as we continue to deliver optimal localized solutions for safer and greener commercial vehicles, thus contributing to the sustainable development of the Chinese economy."
Based in Shanghai, WABCO China has over 1,500 employees including local engineers. Its new product development center is located in Shanghai. Four factories across China are fully integrated with WABCO's global manufacturing and sourcing network and they operate using world-class Six Sigma Lean production standards.
Mr. Liu joined WABCO in his current position in January 2005. Born in China, Mr. Liu earned his engineering degree at DongHua University in Shanghai. He then earned his MBA at Michigan State University and his PhD in materials engineering at the Tokyo Institute of Technology. Prior to WABCO, Mr. Liu gained extensive management and engineering experience in the automotive sector in the United States and Asia.
WABCO (NYSE:WBC) is a leading global supplier of technologies and control systems for the safety and efficiency of commercial vehicles. Founded nearly 150 years ago, WABCO continues to pioneer breakthrough electronic, mechanical and mechatronic technologies for braking, stability and transmission automation systems supplied to the world's leading commercial truck, bus and trailer manufacturers. With sales of $2.7 billion in 2013, WABCO is headquartered in Brussels, Belgium. For more information, visit www.wabco-auto.com.
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