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ABB Ltd (0NX2.L)

LSE - LSE Delayed price. Currency in CHF
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27.51-0.06 (-0.21%)
At close: 02:44PM BST

ABB Ltd

Affolternstrasse 44
Zurich 8050
Switzerland
41 43 317 71 11
https://global.abb/group/en

Sector(s)
Industry
Full-time employees107,900

Key executives

NameTitlePayExercisedYear born
Mr. Bjorn Klas Otto RosengrenChief Executive Officer6.98MN/A1959
Mr. Timo J. IhamuotilaChief Financial Officer3.7MN/A1966
Ms. Karin Lepasoon L.L.M.Chief Communications & Sustainability Officer1.92MN/A1968
Ms. Carolina Yvonne GranatChief Human Resources Officer2.62MN/A1972
Dr. Peter TerwieschPresident of Process Automation3.2MN/A1966
Dr. Sami AtiyaPresident of Robotics & Discrete Automation Business2.91MN/A1964
Mr. Morten WierodPresident of Electrification Business Area3.62MN/A1972
Mr. Alec JoannouChief Information OfficerN/AN/AN/A
Ms. Ann-Sofie NordhGroup Senior VP & Head of Investor RelationsN/AN/A1969
Ms. Natalia ShehadehInterim General Counsel & Company SecretaryN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CHF.

Description

ABB Ltd provides electrification, motion, and automation solutions and products for customers in utilities, industry and transport, and infrastructure in Switzerland, rest of Europe, the Americas, the United States, rest of Asia, the Middle East, Africa, China, and internationally. Its Electrification segment offers renewable power solutions, modular substation packages, distribution automation products, switchboards and panelboards, switchgears, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions. The company's Motion segment designs, manufactures, and sells drives, motors, generators, and traction converters that are driving the low-carbon future for industries, cities, infrastructure, and transportation. The company's Process Automation segment provides control technologies, industrial software, advanced analytics, sensing and measurement technology, and marine propulsion systems; and repair, remote monitoring, preventive maintenance, asset performance management, emission monitoring, and cybersecurity services. The company's Robotics & Discrete Automation segment offers industrial and collaborative robots, autonomous mobile robotics, mapping and navigation solutions, robotic solutions, field services, spare parts, and digital services. This segment also provides solutions based on its programmable logic controllers, industrial PCs, servo motion, transport systems, and machine vision. It serves oil, gas, chemicals, mining, metals, cement, pulp and paper, pharmaceuticals, battery manufacturing, food and beverage, power generation, water, marine, and ports industries. The company was founded in 1883 and is headquartered in Zurich, Switzerland.

Corporate governance

ABB Ltd’s ISS governance QualityScore as of 1 July 2024 is 2. The pillar scores are Audit: 10; Board: 1; Shareholder rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.