ABB appoints Joseph Hogan as new CEO

17 July 2008

The Board of Directors of ABB Ltd. announced today that Joseph M. Hogan has been appointed as Chief Executive Officer of the ABB Group.

Joseph M. Hogan
Joseph M. Hogan

Mr. Hogan (51) is currently CEO of GE Healthcare. He will join ABB on September 1, 2008.

Michel Demaré, ABB’s Chief Financial Officer, who has held the CEO position on an ad-interim basis since February 2008, will continue to serve as ABB’s CFO.

“Following our extensive search over the past months, the Board of Directors is very pleased with Joseph’s decision to take on this exciting role. His proven international track record as a highly successful leader at one of the world’s most respected technology companies will be a great contribution to the Company as we continue to focus the organization on excellence in everything we do,” said Hubertus von Gruenberg, ABB’s Chairman.

Mr. Hogan has been with GE for 23 years. He led GE Medical Systems and then GE Healthcare from November 2000, during which time he grew the business by $11 billion. Prior to this, he served as President and CEO of GE Fanuc Automation North America, Inc., a joint venture between GE and FANUC of Japan. Previously, he held a number of positions in sales, marketing and product development at GE Plastics. Mr. Hogan holds a Bachelor of Science degree in Business Administration from Geneva College and an MBA from Robert Morris University, both in the U.S.

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