ABB (ABB) has appointed Ulrich Spiesshofer, the head of its automation and motion division, as...

|About: ABB LTD. (ABB)|By:, SA News Editor

ABB (ABB) has appointed Ulrich Spiesshofer, the head of its automation and motion division, as its new CEO following the unexpected resignation of Joe Hogan in May for personal reasons. "Ulrich has been a key force in shaping and implementing ABB's strategy," said ABB Chairman Hubertus von Grunberg. Spiesshofer will take over at ABB, the world's largest supplier of industrial motors, on September 15. (PR)