Ulrich Spiesshofer (55) has been CEO of ABB since 2013. "Under his leadership, ABB has become a global leader with a focus on digital technologies," said Peter Voser (61). He has repositioned the company and has led growth across all businesses.
ABB will now focus on continuing its strategy to achieve its financial goals. The sale of ABB Power Grids will continue and the organizational structure will be simplified. ABB will focus on digitization, electrification, automation and robotics.
After 14 years with the company, Ulrich Spiesshofer sees the ABB ship on a good course and it is increasingly gaining momentum. He will now take a break before making any further decisions regarding his professional life. Peter Voser thanked him on behalf of the Supervisory Board, the employees and personally for the work he had done and wished him all the best for his future endeavors.
ABB will hold its Annual General Meeting on May 2, 2019 in Zurich as planned.