ABB Ltd (0NX2.IL)

44.60 -0.53 (-1.16%) As of 09:18AM BST. Market open.

ABB Ltd

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

Sector(s): Industrials
Industry: Electrical Equipment & Parts
Full-time employees: 108,320

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Bjorn Klas Otto Rosengren	Chief Exec. Officer	5.66M	N/A	1959
Mr. Timo J. Ihamuotila	Chief Financial Officer	3.42M	N/A	1966
Mr. Andrea Antonelli	Gen. Counsel & Company Sec.	1.81M	N/A	1974
Ms. Karin Lepasoon L.L.M.	Chief Communications & Sustainability Officer	866.35k	N/A	1968
Ms. Carolina Yvonne Granat	Chief HR Officer	2.37M	N/A	1972
Dr. Peter Terwiesch	Pres of Process Automation	3.09M	N/A	1966
Mr. Tarak Mehta	Pres of Motion Bus. Area	3.39M	N/A	1966
Dr. Sami Atiya	Pres of Robotics & Discrete Automation Bus.	2.43M	N/A	1964
Mr. Morten Wierod	Pres of Electrification Bus. Area	2.94M	N/A	1972
Mr. Alec Joannou	Chief Information Officer	N/A	N/A	N/A

Amounts are as of 31 December 2022, 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 manufactures and sells electrification, automation, robotics, and motion products for customers in utilities, industry and transport, and infrastructure in Switzerland and internationally. Its Electrification segment provides electric vehicle charging infrastructure, renewable power solutions, modular substation packages, distribution automation products, switchboards 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. The company's Robotics & Discrete Automation segment offers industrial robots, software, autonomous mobile robotics, 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. Its 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 develops and sells control technologies, advanced process control software and manufacturing execution systems, sensing, measurement and analytical instrumentation, marine propulsion systems, and turbochargers. This segment also offers remote monitoring, preventive maintenance, asset performance management, emission monitoring, and cybersecurity services. It serves aluminum, automotive, battery manufacturing, buildings and infrastructure, cement, channel partners, chemical, data centers, food and beverage, process automation, life sciences, ports, marine, mining, oil and gas, ports, power generation, printing, pulp and paper, railway, smart cities, water, and wind power industries. The company was founded in 1883 and is headquartered in Zurich, Switzerland.

Corporate governance

ABB Ltd’s ISS governance QualityScore as of 1 October 2023 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.