Björn Rosengren becomes new CEO
The Board of Directors of ABB has unanimously appointed Björn Rosengren as Chief Executive Officer. He will join ABB on February 1, 2020 and succeed CEO Peter Voser in this role on March 1, 2020.
read more...read more...CEO Ulrich Spiesshofer steps down
ABB announced today that CEO Ulrich Spiesshofer (55) is stepping down from the position he has held since 2013. The Chairman of the Board of Directors, Peter Voser (61), will also assume the position of interim CEO with immediate effect.
read more...Electricity grid business to be divested, the Group restructured
The ABB Group intends to focus its portfolio on digital industries in future and is selling its power grids business to Hitachi as part of this. A new corporate structure will also take effect from April 2019.
read more...ABB - 4th quarter and full year 2017
Stable in the 'transition year'
ABB has announced its figures for 2017: Stable order intake and a slight increase in sales characterize the Group's 'transition year'.
read more...Terminal blocks - TE negotiates with ABB
TE Connectivity (TE), a provider of connectivity and sensor solutions, has entered into negotiations with ABB to acquire ABB's Entrelec brand terminal block business.
read more...ABB acquires GE Industrial Solutions
ABB has announced its intention to acquire the global electrification solutions business from General Electric (GE). The purchase price is 2.6 billion US dollars.
read more...Declines in the 1st quarter
ABB had to report declines in both order intake and sales in the figures for the first quarter of 2016. Things are looking better for the service business, which is growing slightly and is becoming increasingly important for the company.
read more...The new products from ABB
With Light+Building in Frankfurt and the Hannover Messe, two important events for the automation industry are casting their shadows ahead. ABB has now announced its first innovations for both trade fairs.
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