Management

WABCO opens new South Carolina facility

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March 22, 2017

WABCO Holdings Inc. celebrated its official opening of a new state-of-the-art production facility in North Charleston, S.C., on Wednesday. For the first time in the company’s history, WABCO localized the production of its most advanced air ...

King named VP of global sales at Stant

Stant Corporation has promoted Tim King to senior vice president of global sales, according to the company's CEO Gary Masse. In his 26-year career at Stant, King has held a variety of management positions in engineering, operations, sales and program management. Prior to assuming his new role, King served as vice president of global sales and program management for Stant. “We congratulate Tim King on this well-deserved promotion,” says Masse. ...

The Nuts and Bolts of an ESOP

While no two ESOPs are alike, the most common themes found around such programs are eligibility and enrollment requirements. In the aftermarket, most distributors require an employee to work a minimum of 12 months. After that period is completed the employee enters the ESOP at the next available joining date, typically January 1 or July 1. Once an employee enters an ESOP, stock is commonly awarded as ...


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