Wednesday, July 18, 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

JPMorgan Chase Bank launches offering of cash-settled exchangeable bonds into Ping An Insurance (Group) Company of China Limited due 2020

Hyundai Brilliant Moments Emotional Recalling Digital Campaign Records More Than '100 Million' Views in Just 17 Days

Technavio Semiconductor Market in East Asia 2017-2021 Report | High Demand for Consumer Electronics to Boost Growth

Lenovo Leaps Forward with Next-Generation ThinkAgile Composable Cloud Platform

Presenting an All New Menu and Appointment of Chef Abdul Quddus at Saffron, the Indian Specialty Restaurant at JW Marriott Mumbai Juhu

22nd Century Announces the Immediate Feasibility of the FDAs Nicotine Reduction Plan

CMAIs 67th National Garment Fair to Continue up to 19th July 2018

More Than Half of Sub-Saharan Africa to Be Connected to Mobile by 2025, Finds New GSMA Study

Cushman & Wakefield To Acquire Its Irish Affiliate From Sherry FitzGerald Group

NEC and dotData Use AI to Accelerate Data Science for the SMBC Group

GSMA Finds That Consumers in Developing Countries Are Hard Hit by High Spectrum Prices

Rocheston Launches Professional Certification Programmes With Test Delivery Partner Pearson VUE

Azure Power's Portfolio Surpasses 3 Gigawatts

New SAS Customer Intelligence Offering Accelerates, Automates and Streamlines Marketing Planning Activities

Merck Foundation Concludes Their First Merck Health Media Training to Break the Stigma Around Infertility in Africa

Rakhibazaar.com - Making Raksha Bandhan Memorable with Massive Rakhi Collection 2018

House of Hiranandani Bags Two Prestigious Real Estate Awards

The Countdown Begins to the One of Biggest Outbound- MICE & Luxury Travel Platform

Fischer & Schickendantz and Solution Alliance SRL Adopt Andersen Brand in Uruguay

Is India Ready for August 4 Trade Scrimmage, Asks the Forum of Indian Food Importers

Pidilite Strengthens Its International Presence; Unveils a State-of-the-Art Adhesive Manufacturing Plant in Srilanka

BMW India Extends Special Service Support for Flood-affected Customers in Mumbai

Bank of America Reports Second-Quarter 2018 Financial Results

 
TRENDING TOPICS
 
 
 
CITY NEWS
MORE CITIES
INDIA WORLD ASIA
Confusion persist in SP over Mayawati's ...
Rahul constitutes CWC with 51 members...
Elphinstone Road station to be rechriste...
Western Railway makes special arrangemen...
Six police officials of Indian Reserve B...
Collective effort required for spread of...
More...    
 
 Top Stories
BRICS media forum to start in Cape ... 
Reigning Olympic TT champs Ma Long,... 
Get flawless make-up with strobing,... 
Iceland coach Hallgrimsson resigns... 
England outclass India by 8 wickets... 
England pip India by 8 wickets, cli... 
Government yet to approach us with ... 
Amarnath yatra crosses 2 lakh mark,...