ABB appoints Joseph Hogan as new CEO
Zurich, Switzerland, July 17, 2008 – The Board of Directors of ABB Ltd. announced today that Joseph M. Hogan has been appointed as Chief Executive Officer of the ABB Group. Hogan is currently CEO of GE Healthcare, the global leader in medical diagnostic technology and biosciences, and is a member of the GE Senior Executive Council. He will join ABB on September 1, 2008.
Michel Demaré, ABB’s Chief Financial Officer, who has held the CEO position on an ad-interim basis since February 13, 2008, will continue to serve as ABB’s CFO.
“Following our extensive search over the past months, the Board of Directors is very pleased with Joseph’s decision to take on this exciting role. His proven international track record as a highly successful leader at one of the world’s most respected technology companies will be a great contribution to the Company as we continue to focus the organization on excellence in everything we do,” said Hubertus von Gruenberg, ABB’s Chairman…more at ABB