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Rosengren is ideal candidate to transform ABB, says Chairman

Rosengren is ideal candidate to transform ABB, says Chairman
FILE PHOTO: The logo of Swiss power technology and automation group ABB is seen at the Swiss Economic Forum (SEF) conference in Interlaken, Switzerland May 24, 2019. REUTERS/Arnd Wiegmann/File Photo -
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Arnd Wiegmann(Reuters)
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ZURICH (Reuters) – ABB <ABBN.S> Chairman Peter Voser said he was convinced he had got the right man to transform the Swiss engineering group after it announced Sandvik <SAND.ST> boss Bjorn Rosengren would become its next chief executive.

Rosengren will take over at the Zurich-based maker of industrial drives and robots in March, the company said on Sunday, with Voser reverting to his position as Chairman.

“As my successor as CEO, Bjorn Rosengren is the ideal candidate to take ABB forward, together with our strong team on the Executive Committee. He understands how to empower people to perform and create long-term value,” Voser said in a tweet on Monday.

“As a highly experienced manager with a proven track record in leading industrial businesses, Bjorn brings exactly the managerial skills ABB needs during the next stage of its transformation,” Voser added.

(Reporting by John Revill; Editing by Tassilo Hummel)

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