ABB Ltd

BATS-CHIXE:ABBS Stock Report

Market Cap: SEK 1.1t

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 SEK85.72M. 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 percentage20.9%
CEO tenureless than a year
CEO ownership0.008%
Management average tenure4.4yrs
Board average tenure6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Morten Wierod's remuneration changed compared to ABB's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$4b

Jun 30 2024n/an/a

US$4b

Mar 31 2024n/an/a

US$4b

Dec 31 2023US$5mUS$1m

US$4b

Sep 30 2023n/an/a

US$4b

Jun 30 2023n/an/a

US$3b

Mar 31 2023n/an/a

US$3b

Dec 31 2022US$4mUS$946k

US$3b

Sep 30 2022n/an/a

US$4b

Jun 30 2022n/an/a

US$4b

Mar 31 2022n/an/a

US$5b

Dec 31 2021US$4mUS$868k

US$5b

Sep 30 2021n/an/a

US$2b

Jun 30 2021n/an/a

US$886m

Mar 31 2021n/an/a

US$494m

Dec 31 2020US$3mUS$795k

US$286m

Sep 30 2020n/an/a

US$457m

Jun 30 2020n/an/a

US$1b

Mar 31 2020n/an/a

US$937m

Dec 31 2019US$2mUS$543k

US$1b

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

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

NamePositionTenureCompensationOwnership
Morten Wierod
Chief Executive Officerless than a yearUS$5.47m0.0077%
SEK 85.7m
Timo Ihamuotila
Chief Financial Officer7.7yrsUS$5.60m0.0084%
SEK 93.5m
Karin Lepasoon
Chief Communications & Sustainability Officer2.2yrsUS$3.00m0.000020%
SEK 222.7k
Carolina Granat
Chief Human Resources Officer3.9yrsUS$3.99m0.00028%
SEK 3.1m
Peter Terwiesch
President of Process Automation7.9yrsUS$4.84m0.0021%
SEK 22.9m
Sami Atiya
President of Robotics & Discrete Automation Businessno dataUS$4.43m0.0054%
SEK 60.6m
Bjorn Klas Rosengren
Advisorless than a yearUS$11.52m0.021%
SEK 231.1m
Alec Joannou
Chief Information Officer6.2yrsno datano data
Ann-Sofie Nordh
Group Senior VP & Head of Investor Relations4.9yrsno datano data
Mathias Gaertner
General Counsel & Company Secretaryless than a yearno datano data
Richard Brown
Group Senior VP & Chief Counsel of Corporate & Financeno datano datano data
Toby Simons
Group Head of Global Mobility & VP13.9yrsno datano data

4.4yrs

Average Tenure

56yo

Average Age

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

Board Members

NamePositionTenureCompensationOwnership
Frederico C. Pinheiro Curado
Independent & Non-Executive Director8.7yrsUS$416.13k0.0034%
SEK 38.1m
Peter Voser
Independent Chairman of the Board9.7yrsUS$1.43m0.011%
SEK 125.0m
Lars Gunnar Brock
Independent & Non-Executive Director6.8yrsUS$392.35k0.0023%
SEK 25.3m
Johan Forssell
Directorless than a yearno datano data
Lars Forberg
Independent & Non-Executive Director7.7yrsUS$380.46k0.0047%
SEK 52.7m
David Meline
Independent & Non-Executive Director8.7yrsUS$475.58k0.0028%
SEK 31.1m
David Constable
Independent & Non-Executive Director9.7yrsUS$380.46k0.0027%
SEK 29.7m
Xin-Zhe Li
Independent Director6.8yrsUS$416.13k0.0027%
SEK 30.3m
Mats Rahmström
Directorless than a yearno datano data
Denise Johnson
Director1.8yrsUS$196.18k0.00053%
SEK 5.9m
Geraldine Matchett
Independent & Non-Executive Director6.8yrsUS$392.35k0.0022%
SEK 23.9m

6.8yrs

Average Tenure

59yo

Average Age

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 09:51
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

ABB Ltd is covered by 69 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anders IdborgABG Sundal Collier
Guenther HollfelderBaader Helvea Equity Research
Stefan GächterBaader Helvea Equity Research