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New CEO For ABB Group

The Board of Directors of ABB Ltd. recently announced that Joseph M. Hogan has been appointed as Chief Executive Officer of the ABB Group. Hogan is currently CEO of GE Healthcare, and is a member of the GE Senior Executive Council. 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 13, 2008, will continue to serve as ABB’s CFO. The Switzerland-based company is a provider of power and automation technologies that enable utility and industry customers to improve performance while lowering environmental

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