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ABB Ltd (ABB)

NYSE - Nasdaq Real-time price. Currency in USD
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29.06-0.36 (-1.22%)
As of 3:04PM EST. Market open.

ABB Ltd

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

Sector(s)Industrials
IndustryElectrical Equipment & Parts
Full-time employees105,600

Key executives

NameTitlePayExercisedYear born
Mr. Björn Klas Otto RosengrenChief Exec. OfficerN/AN/A1959
Mr. Timo J. IhamuotilaChief Financial OfficerN/AN/A1966
Ms. Maria Varsellona J.D., L.L.B.Group Gen. Counsel & Company Sec.N/AN/A1970
Mr. Theodor SwedjemarkChief Communications OfficerN/AN/A1980
Dr. Peter TerwieschPres of Industrial Automation Bus.N/AN/A1966
Mr. Tarak MehtaPres of Electrification Bus.N/AN/A1966
Mr. Sami AtiyaPres of Robotics & Discrete Automation Bus.N/AN/A1964
Mr. Morten WierodPres of Motion Bus.N/AN/AN/A
Mr. Alec JoannouChief Information OfficerN/AN/AN/A
Ms. Ann-Sofie NordhHead of Investor RelationsN/AN/A1969
Amounts are as of , 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 USD.

Description

ABB Ltd manufactures and sells electrification, industrial automation, and robotics and motion products for customers in utilities, industry and transport, and infrastructure worldwide. Its Electrification segment provides electric vehicle charging infrastructure, renewable power solutions, modular substation packages, distribution automation products, switchboard and panel boards, switchgears, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions for integrating and automating lighting, heating, ventilation, security, and data communication networks. The company's Robotics & Discrete Automation segments provides industrial robots, software, robotic solutions and systems, field services, spare parts, and digital services. This segment also offers solutions based on its programmable logic controllers, industrial PCs, servo motion, transport systems, and machine vision. Its Industrial Automation segment develops and sells industry-specific, integrated automation, and electrification systems and solutions, as well as digital solutions, lifecycle services, and artificial intelligence applications for the process and hybrid industries. This segment also offers process and discrete control technologies, advanced process control software and manufacturing execution systems, sensing, measurement, analytical instrumentation, electric ship propulsion systems, and large turbochargers, as well as remote monitoring, preventive maintenance, asset performance management, and cybersecurity services. The company's Motion segment manufactures and sells drives, motors, generators, traction converters, and mechanical power transmission products. ABB Ltd has a strategic collaboration with IBM. ABB Ltd was founded in 1883 and is headquartered in Zurich, Switzerland.

Corporate governance

ABB Ltd’s ISS governance QualityScore as of 3 December 2020 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder rights: 1; Compensation: 2.

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.