Wednesday, January 24, 2018
News
NEWS HOME
»
PRESS RELEASES

ABB Nominates New Board Members
  SocialTwist Tell-a-Friend  
   


Date: 11-01-2018 5:53PM
Source: ABB
Category: General, Internet, Automotives, Advertising, Pr And Marketing, Electronic Appliances And Components, Technology, Transport, Automobile
Location: Zurich, Switzerland

Business Wire India

At the coming annual general meeting (AGM) on March 29, 2018, all ABB Board of Directors members will stand for reelection, with the exceptions of Ying Yeh and Louis R. Hughes, who have decided not to seek another term. Additionally, following a careful selection process, the Board of Directors has nominated three new candidates for seats on the board – Jennifer Xin-Zhe Li, former CFO of Baidu and current head of Baidu Capital, Geraldine Matchett, Global CFO of Royal DSM, and Gunnar Brock, the former President and CEO of Atlas Copco Group. The shareholders will vote on each candidate for election to the board at the AGM.

“We are pleased to nominate Jennifer, Geraldine and Gunnar to ABB’s Board of Directors,” said Peter Voser, Chairman of the Board. “Each of these exceptional individuals brings relevant, long-term experience and judgment to the role. At the same time, I would like to thank Ying Yeh and Lou Hughes for their outstanding contributions to our work in the past. Lou has been Chairman of the Finance, Audit and Compliance Committee and offered years of long-standing service for which we are very grateful.”

Jennifer Xin-Zhe Li became head of Baidu Capital in 2017. Previously she served as CFO of Baidu, Inc., and in a range of senior financial positions at General Motors. She holds an MBA from the University of British Columbia.

Geraldine Matchett has been the Global CFO of Royal DSM since 2014. She was previously the Global CFO at SGS S.A. in Switzerland. She holds a master’s degree in sustainable development from the University of Cambridge.

Gunnar Brock has formerly served as President and CEO of Atlas Copco Group, President and CEO of Thule International, President and CEO of Tetra Pak Group, and President and CEO of Alfa Laval Group. He is currently Chairman of the Board at Mölnlycke Health Care AB and Stena AB and is a board member at Investor AB, ABB’s largest shareholder, and among others, Patricia AB. He holds an MBA from the Stockholm School of Economics.

The election of ABB’s nominees would bring the number of board members from 10 to 11.

ABB (ABBN: SIX Swiss Ex) is a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport & infrastructure globally. Continuing a history of innovation spanning more than 130 years, ABB today is writing the future of industrial digitalization and driving the Energy and Fourth Industrial Revolutions. As title partner of Formula E, the fully electric international FIA motorsport class, ABB is pushing the boundaries of e-mobility to contribute to a sustainable future. ABB operates in more than 100 countries with about 136,000 employees. www.abb.com



CONTACTS :

ABB Ltd
Media Relations
+41 43 317 71 11
media.relations@ch.abb.com
or
Investor Relations
+41 43 317 71 11
investor.relations@ch.abb.com

More Press Releases

BMW India Announces an Exclusive Partnership with Bengaluru International Airport

Häfele Unites Design Possibilities with Form and Functionality at its New State-of-the-art Showroom in Bangladesh

IC3 Announces the Third Edition of the 2018 Annual IC3 Conference to Provide an Impetus to Career Counseling in High Schools

Large Deals across Multiple Verticals Drive a 26 percent YoY USD Revenue Growth for L&T Technology Services

Commvault Powers New HPE GreenLake Backup Solution to Bring Enterprise-class Data Protection and Reliability to Customers

European Commission Approves ADCETRIS® (brentuximab vedotin) for CD30-Positive Cutaneous T-Cell Lymphoma after One Prior Systemic Therapy– Providing an Innovative Treatment Option to Patients

Hilton Led Hospitality Industry in Customer Innovations and Recorded Best Ever Growth in 2017

HackerEarth Recruit Continues Exceptional Customer Momentum; Used by More than 4000 Enterprises

MAIT Strongly Advocates "Make in India for the World" through its Electronics Manufacturing Summit

Calvin Klein, Inc. Announces the Spring/Summer 2018 Calvin Klein Underwear and Calvin Klein Jeans Global Advertising Campaign

Ferring enters into worldwide OmniAb® platform license agreement with Ligand

Hybrid and Electric Vehicle Growth in India Driven by Government Incentives and Changing Customer Attitudes

Panasonic LUMIX GH5 Supports Yasunaga Ogita, a Polar Explorer, in Japan's First Solo South Pole Expedition Without Resupplies

Applied DNA Expands Internationally with New Central DNA Testing Laboratory in India

New Study Investigates the Clinical Utility of ORi™, Masimo Oxygen Reserve Index™, in Obese Patients

Octapharma:Low inhibitor rate with octanate® in previously untreated patients (PUPs) with severe haemophilia A

Treamis World School Marks its Decennial Celebrations in Style!

Green Initiatives in India to be Recognized at the One Globe Awards

Dailyhunt Launches Newzly, a News-in-Brief App, in Nine Languages

Jaipuria Group Plans to Invest 500 crores for Expansion across 5 States

 
TRENDING TOPICS
 
 
 
CITY NEWS
MORE CITIES
INDIA WORLD ASIA
Shoe hurled at Owaisi...
3 districts to implement Rashtriya Vayos...
Militants nabbed, arms, ammunitions sei...
Congress candidate list for Meghalaya po...
ACC F2R Super Fast launched in Odisha...
TMC leader Partha Chatterjee visits BJP ...
More...    
 
 Top Stories
Twitter COO Anthony Noto quits, joi... 
Google brings audiobooks on Play St... 
Chill grips J&K as gap between maxi... 
Facebook acquires biometric ID veri... 
Markets open on a negative note on ... 
New population of 'walking fish' fo... 
Over 10,000 killed in last 40 month... 
Vyapam Scam: Member of People's Col...