The board of ABB has unanimously appointed Bjorn Rosengren as the company’s new chief executive. He will succeed Peter Voser in the role on 1 March 2020.
Voser will revert to his position at ABB solely as chairman of the board.
Rosengren, who is currently chief executive of Sandvik, a high-tech global engineering group, will join ABB on 1 February.
Prior to joining Sandvik in 2015 Rosengren was the chief executive of Wartsila.
Voser said: “The board is pleased that Bjorn Rosengren will be taking the lead at ABB, bringing with him a proven track record of value creation and exactly the managerial skills ABB needs during the next stage of its transformation.
“He understands how to establish successful decentralized organizations, empower people and demonstrates the culture of cooperation and high performance.
“Together with our strong management team, he will drive ABB’s strategy and deliver long-term value to all our stakeholders.”
Rosengren added: “I look forward to working with my new colleagues around the globe to enhance value through the delivery of the group strategy and fully empowering our businesses and people.”