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Abb Ltd (ABBN.S)

ABBN.S on Virt-X Level 1

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19 Jul 2019
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Tue, Jul 9 2019

ABB's Voser battles headwinds as he pursues overhaul

ZURICH, July 9 ABB is pressing ahead with a review of its underperforming businesses and expects a turbulent 2019 amid a slowdown in some markets and China-U.S. trade tensions, Chairman and interim Chief Executive Peter Voser told Reuters.

ABB pays up to $470 m to ditch solar converter business

ZURICH ABB will pay up to $470 million to hand over its loss-making solar inverter business to Italy's FIMER SpA, the first big move by interim CEO Peter Voser and a reflection of the tough conditions in the solar industry.

UPDATE 3-ABB pays up to $470 m to ditch solar converter business

ZURICH, July 9 ABB will pay up to $470 million to hand over its loss-making solar inverter business to Italy's FIMER SpA, the first big move by interim CEO Peter Voser and a reflection of the tough conditions in the solar industry.

ABB names ex-GE exec Maryrose Sylvester to lead U.S. business

ZURICH ABB has appointed industrial and software specialist Maryrose Sylvester as the new head of its U.S. business, the Swiss engineering company said on Wednesday, replacing company veteran Greg Scheu, who is due to retire.

ABB names ex-GE exec Maryrose Sylvester to lead U.S. business

ZURICH, June 12 ABB has appointed industrial and software specialist Maryrose Sylvester as the new head of its U.S. business, the Swiss engineering company said on Wednesday, replacing company veteran Greg Scheu, who is due to retire.

Roche names new head of $13 billion diagnostics unit

ZURICH Swiss drugmaker Roche on Tuesday named a new head of its $13-billion-per-year diagnostics business and also said board member Peter Voser is stepping down to focus on his expanded duties as interim head of Swiss engineering group ABB.

UPDATE 1-Roche names new head of $13 bln diagnostics unit

ZURICH, June 11 Swiss drugmaker Roche on Tuesday named a new head of its $13-billion-per-year diagnostics business and also said board member Peter Voser is stepping down to focus on his expanded duties as interim head of Swiss engineering group ABB.

UPDATE 1-ABB's acting CEO targets faster growth, long-term change

ZURICH, May 2 ABB expects to improve revenue growth and its operating profit margin this year despite difficult economic conditions hitting Europe, Chairman and interim Chief Executive Peter Voser told the Swiss engineering company's annual general meeting.

ABB CEO steps down abruptly in middle of group's overhaul

ZURICH ABB Chief Executive Ulrich Spiesshofer has quit the Swiss industrial group as the board and major shareholders look for a speedier turnaround at the maker of industrial robots and supplier of factory automation.

UPDATE 3-ABB CEO steps down abruptly in middle of group's overhaul

* Chairman Voser to take over as interim CEO (Adds chairman comments, share price, background)

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