—
ZURICH, SWITZERLAND,
ABB appoints new Business Area
Presidents
ABB today announced the appointment
of Giampiero Frisio as the new
President of its Electrification
Business Area and Brandon Spencer
as the new President of its
Motion Business Area. Both will
take over
their new roles and join ABB’s Executive
Committee on August 1, 2024.
ABB CEO Björn Rosengren said:
“Both Giampiero and Brandon
are proven leaders with strong track
records
in their current roles driving profitable
growth in two of our
largest Divisions. I am particularly
happy that we
are appointing internal
candidates – this shows the strength of ABB’s pool
of senior leaders. I am confident
that they will build on the strong performance
achieved in Electrification
and Motion over the past years.”
Morten Wierod, CEO designate, added:
“I am excited to work with
Giampiero and Brandon also
in their new
roles when I take over as ABB CEO
later this year. With them we will continue to have a
strong Executive
Committee that will drive ABB’s financial
and sustainability performance.”
Giampiero Frisio, Division President
Smart Power (Electrification
Business Area) since 2018, will
succeed
Morten Wierod who, as announced
previously, will become ABB’s new CEO as of August 1, 2024.
Giampiero joined ABB in 1995
and has held numerous managerial
positions in roles ranging from operations
to marketing and sales. From January
2011 to November 2018, he was the Managing
Director for Protection
and Connection Business Unit, Electrification
Products. He holds a Master’s
degree in Electrical Engineering
from Pavia University in Italy. Giampiero is an Italian
citizen.
Brandon Spencer, Division President Energy Industries
(Process Automation Business
Area) since 2020, will
succeed Tarak Mehta, who as announced previously, will leave ABB to assume the role of
CEO of Timken
Group after more than 25 years with
ABB. Brandon joined ABB in 2006
and has held a range of leadership
roles with a focus on the energy sector. Between
2018 and 2020, he was
Global Managing Director for
ABB
Process Industries. Prior to joining
ABB, Brandon held various roles
at Siemens Power Generation. He
holds
a bachelor’s degree
in Economics and a Masters’ degree
in Business Administration from the
Crummer
School of Business at Rollins
College in Winter Park, Florida.
Brandon is a US citizen.
As of August 1, 2024, ABB’s Executive
Committee will consist of: Morten
Wierod (Chief Executive Officer),
Timo Ihamuotila (Chief Financial Officer), Carolina
Granat (Chief Human Resources
Officer), Karin Lepasoon
(Chief Communications and Sustainability
Officer), Giampiero Frisio (President,
Electrification), Peter
Terwiesch (President, Process Automation), Brandon Spencer
(President, Motion) and Sami Atiya
(President, Robotics & Discrete
Automation). In addition, Mathias
Gaertner will join the Executive
Committee
latest on October 1, 2024 as
General Counsel and Company Secretary.
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