ABB Management

Management criteria checks 3/4

ABB's CEO is Morten Wierod, appointed in Aug 2024, has a tenure of less than a year. total yearly compensation is $5.47M, comprised of 20.9% salary and 79.1% bonuses, including company stock and options. directly owns 0.008% of the company’s shares, worth CHF7.11M. The average tenure of the management team and the board of directors is 4.4 years and 6.8 years respectively.

Key information

Morten Wierod

Chief executive officer

US$5.5m

Total compensation

CEO salary percentage	20.9%
CEO tenure	less than a year
CEO ownership	0.008%
Management average tenure	4.4yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Morten Wierod's remuneration changed compared to ABB's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$4b
Jun 30 2024	n/a	n/a	US$4b
Mar 31 2024	n/a	n/a	US$4b
Dec 31 2023	US$5m	US$1m	US$4b
Sep 30 2023	n/a	n/a	US$4b
Jun 30 2023	n/a	n/a	US$3b
Mar 31 2023	n/a	n/a	US$3b
Dec 31 2022	US$4m	US$946k	US$3b
Sep 30 2022	n/a	n/a	US$4b
Jun 30 2022	n/a	n/a	US$4b
Mar 31 2022	n/a	n/a	US$5b
Dec 31 2021	US$4m	US$868k	US$5b
Sep 30 2021	n/a	n/a	US$2b
Jun 30 2021	n/a	n/a	US$886m
Mar 31 2021	n/a	n/a	US$494m
Dec 31 2020	US$3m	US$795k	US$286m
Sep 30 2020	n/a	n/a	US$457m
Jun 30 2020	n/a	n/a	US$1b
Mar 31 2020	n/a	n/a	US$937m
Dec 31 2019	US$2m	US$543k	US$1b

Compensation vs Market: Morten's total compensation ($USD5.47M) is about average for companies of similar size in the Swiss market ($USD4.75M).

Compensation vs Earnings: Morten's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Morten Wierod (52 yo)

less than a year

Tenure

US$5,474,404

Compensation

Mr. Morten Wierod serves as a Non-Executive Member of ABB E-mobility Inc. Mr. Wierod served as a Non-Executive Non-Independent Director at ABB India Limited from June 19, 2020 to May 05, 2022 and served as...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Morten Wierod	Chief Executive Officer	less than a year	US$5.47m	0.0077% CHF 7.1m
Timo Ihamuotila	Chief Financial Officer	7.7yrs	US$5.60m	0.0084% CHF 7.8m
Karin Lepasoon	Chief Communications & Sustainability Officer	2.2yrs	US$3.00m	0.000020% CHF 18.5k
Carolina Granat	Chief Human Resources Officer	3.9yrs	US$3.99m	0.00028% CHF 259.1k
Peter Terwiesch	President of Process Automation	7.9yrs	US$4.84m	0.0021% CHF 1.9m
Sami Atiya	President of Robotics & Discrete Automation Business	no data	US$4.43m	0.0054% CHF 5.0m
Bjorn Klas Rosengren	Advisor	less than a year	US$11.52m	0.021% CHF 19.2m
Alec Joannou	Chief Information Officer	6.2yrs	no data	no data
Ann-Sofie Nordh	Group Senior VP & Head of Investor Relations	4.9yrs	no data	no data
Mathias Gaertner	General Counsel & Company Secretary	less than a year	no data	no data
Richard Brown	Group Senior VP & Chief Counsel of Corporate & Finance	no data	no data	no data
Toby Simons	Group Head of Global Mobility & VP	13.9yrs	no data	no data

4.4yrs

Average Tenure

56yo

Average Age

Experienced Management: ABBNE's management team is considered experienced (4.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Frederico C. Pinheiro Curado	Independent & Non-Executive Director	8.7yrs	US$416.13k	0.0034% CHF 3.2m
Peter Voser	Independent Chairman of the Board	9.7yrs	US$1.43m	0.011% CHF 10.4m
Lars Gunnar Brock	Independent & Non-Executive Director	6.8yrs	US$392.35k	0.0023% CHF 2.1m
Johan Forssell	Director	less than a year	no data	no data
Lars Forberg	Independent & Non-Executive Director	7.7yrs	US$380.46k	0.0047% CHF 4.4m
David Meline	Independent & Non-Executive Director	8.7yrs	US$475.58k	0.0028% CHF 2.6m
David Constable	Independent & Non-Executive Director	9.7yrs	US$380.46k	0.0027% CHF 2.5m
Xin-Zhe Li	Independent Director	6.8yrs	US$416.13k	0.0027% CHF 2.5m
Mats Rahmström	Director	less than a year	no data	no data
Denise Johnson	Director	1.8yrs	US$196.18k	0.00053% CHF 490.4k
Geraldine Matchett	Independent & Non-Executive Director	6.8yrs	US$392.35k	0.0022% CHF 2.0m

6.8yrs

Average Tenure

59yo

Average Age

Experienced Board: ABBNE's board of directors are considered experienced (6.8 years average tenure).

ABB Management

Management criteria checks 3/4

Key information

Recent management updates

ABB and Niedax Group Announce Executive Leadership Team for Abnex, Inc

ABB Appoints New Business Area Presidents, Effective August 1, 2024

ABB Ltd Announces Chief Executive Officer Changes

ABB Ltd Announces Management Changes

ABB Ltd Announces Stepping Down of Satish Pai from the Board

ABB Ltd, Annual General Meeting, Mar 23, 2023

Recent updates

Abb Launches Next-Generation Medium Voltage Drive, Designed to Enhance Industrial Performance and Reliability

ABB Ltd (SWX:ABBN) agreed to acquire Aurora Motors.

ABB and Niedax Group Announce Executive Leadership Team for Abnex, Inc

ABB Ltd to Report Q2, 2025 Results on Jul 17, 2025

ABB Ltd Provides Earnings Guidance for the Fourth Quarter and Full Year of 2024

ABB Ltd to Report Q4, 2024 Results on Jan 30, 2025

ABB Ltd (SWX:ABBN) agreed to acquire Dr. FÖDisch Umweltmesstechnik Ag.

ABB Reportedly Mulls Sale of Some Electric Mobility Assets

ABB Appoints New Business Area Presidents, Effective August 1, 2024

ABB Installation Products Introduces First Cable Protection Systems Made from Recycled Fishing Nets

ABB Ltd Provides Revenue Guidance for the Second Quarter and Full Year 2024

ABB Ltd Approves Dividend, Payable on March 27, 2024

ABB Ltd Announces Chief Executive Officer Changes

ABB Ltd (SWX:ABBN) entered into an agreement to acquire SEAM Group, LLC from Align Capital Partners, LP.

Abb Ltd Provides Earnings Guidance for the First Quarter and Full Year 2024

ABB Ltd Proposes Dividend for 2023

ABB Ltd (SWX:ABBN) agreed to acquire Real Tech Inc.

ABB Ltd Announces Management Changes

ABB Ltd Provides Earnings Guidance for the Fourth Quarter and Full Year of 2023

ABB Ltd to Report Fiscal Year 2023 Results on Feb 01, 2024

ABB Ltd Provides Earnings Guidance for the Third Quarter and Full Year 2023

ABB Ltd (SWX:ABBN) acquired Eve Systems GmbH.

New minor risk - Shareholder dilution

ABB Ltd (SWX:ABBN) acquired Low voltage NEMA motor business from Siemens Aktiengesellschaft (XTRA:SIE).

ABB Ltd Announces Stepping Down of Satish Pai from the Board

AcBel Polytech Inc. entered into an agreement to acquire Power Conversion division of ABB Ltd from ABB Ltd for $505 million.

AcBel Polytech Inc. entered into an agreement to acquire Power Conversion division of ABB Ltd from ABB Ltd for $505 million.

TÜV Rheinland AG signed an agreement to acquire UK technical engineering consultancy business from ABB Ltd (SWX:ABBN).

Hitachi, Ltd. (TSE:6501) completed the acquisition of remaining 19.9% stake in Hitachi Energy Ltd from ABB Ltd (SWX:ABBN).

ABB Launches Sensi+™ – Revolutionary Analyzer for Natural Gas Quality Monitoring

ABB Ltd to Report Fiscal Year 2022 Results on Feb 24, 2023

ABB Ltd to Report Q3, 2023 Results on Oct 18, 2023

ABB Ltd to Report Q1, 2023 Results on Apr 25, 2023

ABB Ltd, Annual General Meeting, Mar 23, 2023

ABB Ltd (SWX:ABBN) signed an agreement to acquire Low voltage NEMA motor business from Siemens Aktiengesellschaft (XTRA:SIE).

ABB Ltd (SWX:ABBN) signed an agreement to acquire Low voltage NEMA motor business from Siemens Aktiengesellschaft (XTRA:SIE).

ABB Ltd Provides Earnings Guidance for the Third Quarter and Full Year of 2022

ABB Ltd Provides Earnings Guidance for the Third Quarter and Full Year of 2022

ABB Ltd (SWX:ABBN) has agreed to acquire an unknown majority stake in Numocity Technologies Pvt Ltd.

ABB Ltd Provides Earnings Guidance for the Second Quarter and Full Year of 2022

Ballard Power Systems & ABB Receive Approval in Principle for High-Power Fuel Cell Concept to Power Ships

ABB Announces Executive Changes

ABB Ltd to Report Q3, 2022 Results on Oct 20, 2022

ABB Ltd Proposes Ordinary Dividend

ABB Ltd Launches the Fastest Electric Car Charger

ABB Ltd Revises Revenue Guidance for the Full-Year 2021

ABB Ltd (SWX:ABBN) agreed to acquire ASTI Mobile Robotics SA from Veronica Pascual Boé and Keensight Capital.

Troax Group AB (publ) (OM:TROAX) entered into an agreement to acquire assets relating to ABBs Quick-Guard® fencing system from ABB Ltd (SWX:ABBN).

Troax AB entered into an agreement to acquire Quick-Guard® Fencing System of ABB Ltd.

ABB Ltd Provides Revenue Guidance for the Second Quarter of Fiscal 2021

ABB Ltd Revises Revenue Guidance for the Full Year 2021

ABB Ltd Provides Earnings Outlook for the Full Year 2021

ABB Ltd (SWX:ABBN) announces an Equity Buyback for $4,300 million worth of its shares.

ABB Reportedly Hires Banks for Spin-Off of Turbocharging Business

Matti Alahuhta, Member of the Board of Directors of ABB Not to Stand for Re-Election At the Upcoming Annual General Meeting

ABB Ltd (SWX:ABBN) acquired a significant equity stake in Planar Motors Inc. (PMI).

AFC Energy plc Announces the Signing of Strategic Partnership with ABB

ABB Announces Executive Changes

ABB and Nüvü to Deliver Exo-Planet Cameras for NASA Future Telescope

ABB Ltd (SWX:ABBN) acquired Codian Robotics.

ABB Ltd to Report Q4, 2020 Results on Feb 04, 2021

ABB Ltd to Report Q3, 2020 Results on Oct 21, 2020

ABB and IPS partner to offer drives and motors solutions to customers in Western Ontario, Manitoba and Saskatchewan

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure