ABB Management
Management criteria checks 3/4
ABB's CEO is Bjorn Klas Rosengren, appointed in Mar 2020, has a tenure of 3.33 years. total yearly compensation is $8.73M, comprised of 21.9% salary and 78.1% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth MX$173.40M. The average tenure of the management team and the board of directors is 3.9 years and 6.8 years respectively.
Key information
Bjorn Klas Rosengren
Chief executive officer
US$8.7m
Total compensation
| CEO salary percentage | 21.9% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.01% |
| Management average tenure | 3.9yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | US$3b |
| Mar 31 2023 | n/a | n/a | US$3b |
| Dec 31 2022 | US$9m | US$2m | 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$9m | US$2m | 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$10m | US$2m | US$286m |
Compensation vs Market: Bjorn Klas's total compensation ($USD8.73M) is above average for companies of similar size in the MX market ($USD5.70M).
Compensation vs Earnings: Bjorn Klas's compensation has been consistent with company performance over the past year.
CEO
Bjorn Klas Rosengren (64 yo)
3.3yrs
Tenure
US$8,733,229
Compensation
Mr. Bjorn Klas Otto Rosengren, M.Sc. (Tech.), has been Chief Executive Officer of ABB Ltd since March 1, 2020. Mr. Rosengren serves as the Chief Executive Officer at ABB E-mobility Inc. He served as an Exe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 3.3yrs | US$8.73m | 0.014% MX$ 173.4m | |
| Chief Financial Officer | 6.3yrs | US$4.67m | 0.011% MX$ 133.7m | |
| General Counsel & Company Secretary | 1.3yrs | US$2.99m | no data | |
| Chief Communications & Sustainability Officer | less than a year | US$1.52m | no data | |
| Chief Human Resources Officer | 2.5yrs | US$3.27m | 0.00027% MX$ 3.4m | |
| President of Process Automation | 6.5yrs | US$4.15m | 0.0068% MX$ 86.0m | |
| President of Motion Business Area | 4.3yrs | US$4.57m | 0.012% MX$ 155.1m | |
| President of Robotics & Discrete Automation Business | no data | US$3.43m | 0.0089% MX$ 113.6m | |
| President of Electrification Business Area | 8.5yrs | US$4.05m | 0.0073% MX$ 93.3m | |
| Chief Information Officer | 4.8yrs | no data | no data | |
| Group Senior VP & Head of Investor Relations | 3.5yrs | no data | no data | |
| Group Senior VP & Chief Counsel of Corporate & Finance | no data | no data | no data |
3.9yrs
Average Tenure
56yo
Average Age
Experienced Management: ABB N's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent & Non-Executive Director | 7.3yrs | US$378.55k | 0.0028% MX$ 35.2m | |
| Independent Vice Chairman | 24.1yrs | US$486.70k | 0.013% MX$ 164.6m | |
| Independent Chairman of the Board | 8.3yrs | US$1.30m | 0.013% MX$ 165.8m | |
| Independent & Non-Executive Director | 6.3yrs | US$346.10k | 0.0039% MX$ 50.0m | |
| Independent & Non-Executive Director | 7.3yrs | US$432.62k | 0.0024% MX$ 30.2m | |
| Independent & Non-Executive Director | 8.3yrs | US$346.10k | 0.0023% MX$ 29.4m | |
| Independent Director | 5.3yrs | US$378.55k | 0.0023% MX$ 29.1m | |
| Director | less than a year | no data | no data | |
| Independent & Non-Executive Director | 5.3yrs | US$356.91k | 0.0018% MX$ 22.3m | |
| Independent & Non-Executive Director | 5.3yrs | US$356.91k | 0.0021% MX$ 26.3m |
6.8yrs
Average Tenure
62yo
Average Age
Experienced Board: ABB N's board of directors are considered experienced (6.8 years average tenure).