ABB Ltd (ABB)

28.56 -0.25 (-0.88%) As of 02:24PM EDT. Market open.

ABB Ltd

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

Sector(s): Industrials
Industry: Electrical Equipment & Parts
Full-time employees: 104,720

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Bjorn Klas Otto Rosengren	Chief Exec. Officer	5.7M	N/A	1959
Mr. Timo J. Ihamuotila	Chief Financial Officer	3.4M	N/A	1966
Mr. Theodor Swedjemark	Chief Communications & Sustainability Officer	1.76M	N/A	1980
Ms. Carolina Yvonne Granat	Chief HR Officer	2.49M	N/A	1972
Dr. Peter Terwiesch	Pres of Process Automation	2.85M	N/A	1966
Mr. Tarak Mehta	Pres of Motion Bus. Area	3.25M	N/A	1966
Dr. Sami Atiya	Pres of Robotics & Discrete Automation Bus.	2.91M	N/A	1964
Mr. Morten Wierod	Pres of Electrification Bus. Area	2.71M	N/A	1972
Mr. Alec Joannou	Chief Information Officer	N/A	N/A	N/A
Ms. Ann-Sofie Nordh	Group Sr. VP & Head of Investor Relations	N/A	N/A	1969

Amounts are as of 31 December 2021, 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 engages in manufacture and sale of 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, switchboard and panelboards, switchgear, 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, 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 system, and machine vision. Its Motion segment manufactures and sells drives, motors, generators, traction converters, and mechanical power transmission products that are driving the low-carbon future for industries, cities, infrastructure, and transportation. The company's Process Automation segment provides process and discrete control technologies, advanced process control software and manufacturing execution systems, sensing, measurement and analytical instrumentation, marine propulsion systems, and large turbochargers. In addition, this segment offers remote monitoring, preventive maintenance, asset performance management, emission monitoring, and cybersecurity services. It serves aluminum, automotive, buildings and infrastructure, cement, channel partners, chemical, data centers, food and beverage, process automation, life sciences, marine and ports, metals, 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 May 2022 is 1. The pillar scores are Audit: 2; Board: 2; Shareholder rights: 1; Compensation: 3.

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.