Sandvik CEO Is Front Runner to Become ABB Chief -Bloomberg

Date : 07/30/2019 @ 6:00AM
Source : Dow Jones News
Stock : ABB Ltd (ABB)
Quote : 22.09  -0.12 (-0.54%) @ 10:29PM
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Sandvik CEO Is Front Runner to Become ABB Chief -Bloomberg

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--Sandvik Chief Executive Bjorn Rosengren is the top candidate to become ABB's new CEO, Bloomberg reports, citing unnamed sources.

--ABB hasn't made a final decision yet but the position could be confirmed in the coming weeks, Bloomberg says.

--Rosengren would take over from Chairman Peter Voser, who has been serving as ABB's interim CEO since the previous incumbent Ulrich Spiesshofer stepped down in April after pressure from investors.


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(END) Dow Jones Newswires

July 30, 2019 01:45 ET (05:45 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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