ABB names Björn Rosengren as CEO
Björn Rosengren, as chief executive officer, taking over from current CEO Peter Voser.
On 1 February 2020, Rosengren will join ABB, with Voser stepping down on 1 March 2020, from when he will revert to his position at ABB as chairman of the board and Rosengren will take over as CEO.
The 130-year old company, ABB, operates in more than 100 countries and employs 147,000 people in various industrial roles, ranging from electricity grid power delivery and more recently as a major player in the electric vehicle charging market.
Björn Rosengren was CEO of Sandvik, a high-tech global engineering group, since 2015. Prior to Sandvik, he was CEO of Wärtsilä Corporation between 2011-15, which manufactures and services power sources and other equipment for the marine and energy markets, and spent between 1998-2011 in a variety of management roles at Atlas Copco.
“The Board is pleased that Björn Rosengren will be taking the lead at ABB, bringing with him a proven track record of value creation and exactly the managerial skills ABB needs during the next stage of its transformation,” said ABB chairman and current CEO, Peter Voser. “After undertaking a thorough search, the Board is convinced that Björn Rosengren is the best candidate for the role. He understands how to establish successful decentralized organizations, empower people and demonstrates the culture of cooperation and high performance. Together with our strong management team, he will drive ABB’s strategy and deliver long-term value to all our stakeholders.”
CEO-designate, Björn Rosengren, said: “I am honored to have the opportunity to join ABB, a truly global technology leader, after I have completed my current commitments. At such a pivotal time for manufacturing industries, ABB must continue to best serve the needs of global customers with a unique technology and digital solutions portfolio to help enhance their productivity. I look forward to working with my new colleagues around the globe to enhance value through the delivery of the group strategy and fully empowering our businesses and people.”