Cubic’s Recently Installed Head of Europe Departs Abruptly; Maitland Under Pressure
William Wilson, who took over Cubic Transportation Systems’ EMEA region only six months ago, has left the company abruptly, Mobility Payments has learned. It’s not clear whether he quit or was fired.
Wilson, former CEO of Siemens Mobility’s UK subsidiary, for which he oversaw over 5,000 employees and more than £1 billion in turnover, had joined Cubic in May. CTS President Peter Montgomery-Torrellas announced his departure internally Oct. 10. (Download Montgomery-Torrellas message to Cubic employees below.)
Cubic Reveals Organizational Chart of New Leadership Team Tasked with Getting Fare-Systems Vendor Back on Track
Cubic Transportation Systems president Peter Torrellas has recruited an expanded senior leadership team during his first 100 days on the job, including creating at least five new or revamped positions–as CTS seeks to recover its market stature, Mobility Payments has learned.
The organizational chart (see below) shows new positions for chief growth officer, chief digital officer
Cubic Hires Another Fare-Industry Outsider for Senior Management, as It Seeks Turnaround
Cubic Transportation Systems has hired another transit fare-industry outsider to fill a senior leadership role, as the struggling U.S.-based vendor seeks to turn its fortunes around.
Stephen Caldwell, formerly of large Dallas-based business and technology consulting firm Pariveda, who describes himself as a “problem solver,” started work Monday as chief digital officer for Cubic.
INIT Wins Contract to Supply New Fare System in Atlanta, Beating Out Incumbent Cubic
The Metropolitan Atlanta Rapid Transit Authority, or MARTA, board of directors is expected to award a contract Thursday for its planned fare system to Germany-based INIT, which beat out incumbent supplier Cubic Transportation Systems for the deal, Mobility Payments has learned.
Cubic Appoints New President for Fare Business Division, as It Prepares for Possible Sale
Cubic Corp., the largest supplier of fare-collection systems globally, has hired a new top executive for its Transportation Systems division, appointing an executive from U.S.-based defense and infrastructure technology company Parsons Corp.
Cubic named Peter Torrellas, president of the connected communities business unit at Parsons, as Cubic’s private equity owners prepare
Milwaukee Transit Agency Announces More Details of New Fare-Collection Project Using Cubic’s Umo Platform
The Milwaukee County Transit System today announced its plans to launch its new fare-collection system using the Umo Mobility platform from Cubic Transportation Systems in the fall. The system will support mobile fare payments and closed-loop contactless cards, as well as open-loop payments, though it’s not clear when the open-loop service will actually launch.
Updated: Contract for New Fare-Collection System in Milwaukee Goes to Cubic
Transit officials in Milwaukee, WI, plan to launch a new fare payments system and are believed to have chosen Cubic Transportation Systems’ software-as-a-service Umo platform for the project, Mobility Payments has learned.
Boston Transit Agency Seeks to Put Massive Fare-Collection Project Back on Track
The massive new fare-collection system planned by Boston’s Massachusetts Bay Transportation Authority, or MBTA, which will include open-loop contactless payments and an expanded closed-loop program, has had trouble getting off the ground. Late last week, the transit agency finalized its “reset” of the project, agreeing to increase the contract by nearly 30% to just over $935 million and to add two more years to the rollout schedule–all in hopes of getting the project back on track.