May 29, 2009 (FinancialWire) — Wabco Holdings Inc.’s (NYSE: WBC) board appointed Jacques Esculier, the company’s chief executive officer, to the additional role of chairman on May 28, after Wabco’s annual meeting held on the same date. Esculier has been leading Wabco since January 2004.

The company said in March that Esculier would assume the additional role of chairman in a transition with James Hardymon, the company’s non-executive chairman since July 2007. The board also appointed Hardymon to the position of lead director to begin as of May. The transition was subject to Hardymon’s re-election for a new term at the firm’s annual meeting.

Belgium-based Wabco is a supplier of safety and control systems for commercial vehicles. The company provides electronic, mechanical and mechatronic technologies for braking, stability, and transmission automation systems supplied to commercial truck, trailer, and bus manufacturers.

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