Björn Rosengren has been appointed as the new chief executive officer of ABB, the Swiss engineering and technology company announced on Sunday.
Rosengren, a Swedish citizen, will join ABB on February 1, 2020 and succeed CEO, Peter Voser, in this role on March 1, 2020.
“The Board is pleased that Björn 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,” said Voser, who will revert to his position at ABB solely as Chairman of the Board.
“After undertaking a thorough search, the Board is convinced that Björn Rosengren is the best candidate for the role. 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,” Voser continued.
Rosengren was previously CEO of Sandvik, since 2015. Prior to that, he was CEO of Wärtsilä Corporation from 2011 to 2015 and spent some 13 years (1998-2011) in a variety of management roles at Atlas Copco.