Cloudy
10 °C
Germantown, Maryland
Cloudy

Sun Mar 24 2019
none

New ABB chief takes the reins

31-08-2010
by 
in 
New ABB chief takes the reins

Ulrich Spiesshofer has succeeded Joe Hogan as chief executive officer of ABB, the leading power and automation technology group.

The official appointment follows a three-month transition period announced earlier this year. Hogan will continue as advisor to the Board until the end of March 2014.

Hubertus von Grünberg, Chairman of ABB’s Board of Directors, said: "Ulrich Spiesshofer has an outstanding track record forming and developing high performing teams and has demonstrated excellent strategy and execution skills.

He enjoys the full support of the ABB Board.

“We look forward to a close cooperation with Ulrich to further develop ABB's power and automation business under his leadership,” Mr von Grünberg said.

Mr Spiesshofer says he is looking forward to working with ABB’s strong team to deliver continued profitable growth.

“In these challenging economic times, we will focus as a team relentlessly on customer satisfaction, quality and execution,” he said.

ABB is a leader in power and automation technologies with a presence in about 100 countries and employing about 145,000 people.

www.abb.com

Related news & editorials

  1. 22.03.2019
    22.03.2019
    by      In
    OMAX Corporation, a manufacturer of abrasive waterjet systems, plans to join forces with Hypertherm, a manufacturer of industrial cutting systems and software, following the signing of a definitive merger agreement that establishes OMAX as a wholly owned subsidiary of Hypertherm.
    When the agreement... Read More
  2. 22.03.2019
    22.03.2019
    by      In
    Whether trapezoidal, high helix or metric threads, lead screws in combination with nuts made of iglidur high-performance polymers ensure lubrication-free adjustment for long-lasting and smooth running. But designing the right drive solution has so far demanded the necessary knowledge in technical... Read More
  3. 22.03.2019
    22.03.2019
    by      In
    CSIRO research into the Melbourne to Brisbane Inland Rail project has found that shifting horticulture and processed agriculture, such as meat, rice and dairy products, from road to rail could reduce transport costs for the agricultural sector by an estimated $70 million per year.
    Last year,... Read More
  4. 22.03.2019
    22.03.2019
    by      In
    The executive board of German bearings manufacturer Schaeffler AG has made appointments based on decisions by the company’s supervisory board on March 1st, 2019. The executive board will continue to consist of eight managing directors and the four regional CEOs, but the new appointees will make the... Read More