Investor AB comments on ABB appointment of new CEO
As earlier announced, the ABB Board of Directors has appointed Björn Rosengren new CEO of ABB as of March 1, 2020. “As we have previously communicated, we fully support ABB’s new strategic direction with a simplified and decentralized organizational structure and full focus on delivering customer value in the four divisions Electrification, Industrial Automation, Motion and Robotics & Discrete Automation. We welcome the appointment of Björn Rosengren, who we believe is the right person to lead ABB during the next phase of its journey. From his previous leading roles in several companies,