ABB 6-K 2017
Washington, D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT
TO RULE 13a-16 OR 15d-16
For the month of April 2017
Commission File Number 001-16429
(Translation of registrant’s name into English)
P.O. Box 1831, Affolternstrasse 44, CH-8050, Zurich, Switzerland
(Address of principal executive office)
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This Form 6-K consists of the following:
1. Press release issued by ABB Ltd dated April 11, 2017 titled “ABB names Chun-Yuan Gu President, AMEA, and Frank Duggan President, Europe”.
ZURICH, SWITZERLAND, APRIL 11, 2017
ABB names Chun-Yuan Gu President, AMEA, and Frank Duggan President, Europe
ABB China Managing Director Chun-Yuan Gu is appointed President of the Asia, Middle East and Africa (AMEA) region; Frank Duggan succeeds Bernhard Jucker as President of the Europe region; both will be members of the Executive Committee
ABB today announced that Chun-Yuan Gu, Managing Director of ABB China, will become President of the AMEA region. He takes over from Frank Duggan, who has been appointed President of Europe, succeeding Bernhard Jucker, whose retirement was announced earlier. As members of the ABB Executive Committee, both Chun-Yuan Gu and Frank Duggan will report to ABB CEO Ulrich Spiesshofer. Both appointments will be effective July 1, 2017.
“China represents one third of global growth and is a very important market for ABB. I am very pleased to welcome Chun-Yuan, a China and industrial automation expert, to our Executive Committee. He has a proven track record of delivering superior growth momentum and a profound knowledge of Asia and emerging markets”, said Spiesshofer. “He will have an important role in implementing our Next Level strategy and further accelerating our growth momentum, for example, through our digital offering, ABB AbilityTM. Chun-Yuan will be key to integrating our announced acquisition of B&R, an innovation leader in machine and factory automation, in the industrial segments of emerging markets”.
“At the same time, I would like to warmly thank Frank for his excellent leadership in the AMEA region and his contributions to the Executive Committee over the past years. With his extensive knowledge of ABB’s global customers, markets and portfolio and solid track record of enhancing growth momentum, Frank is the ideal next leader for Europe. He will continue to play a key role in the ongoing transformation of ABB towards a more customer and market-oriented company,” Spiesshofer added.
Chun-Yuan Gu and Frank Duggan have spent their careers at ABB. Gu started at ABB in Sweden in 1989 and held leadership positions in R&D, mainly in Robotics, before becoming Head of the Robotics Global R&D Center in Shanghai in 2006. In January 2014, he assumed responsibility for ABB’s operations in China. He is fluent in English, Mandarin and Swedish, and holds a degree in engineering from Jiao Tong University in Shanghai and a Ph.D. in engineering from the Royal Institute of Technology in Stockholm, Sweden. Gu will continue as Managing Director of ABB in China, in addition to his new role, and will be based in Beijing.
Duggan succeeds Bernhard Jucker, who will retire effective June 30, 2017, as previously announced. Duggan joined ABB in Sweden in 1984, and has held leadership positions in many of ABB’s businesses in Europe, Asia and the Gulf. In 2011, he joined the Group Executive Committee as Head of Global Markets and Region Manager for India, Middle East and Africa, before being appointed President of the AMEA region in January 2015. In addition to his responsibilities as President of the Europe region, Frank will assume the role of Managing Director of ABB in Ireland. ABB’s current Managing Director of ABB in Ireland, Tom O’Reilly, will retire at the end of June 2017, after a distinguished 32-year career at ABB.
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 more than a 125-year history of innovation, ABB today is writing the future of industrial digitalization and driving the Energy and Fourth Industrial Revolutions. ABB operates in more than 100 countries with about 132,000 employees. www.abb.com
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.