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 MX$162.17M. The average tenure of the management team and the board of directors is 4.3 years and 6.7 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 | 4.3yrs |
| Board average tenure | 6.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| 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 MX market ($USD5.72M).
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 |
|---|---|---|---|---|
| Chief Executive Officer | less than a year | US$5.47m | 0.0077% MX$ 162.2m | |
| Chief Financial Officer | 7.6yrs | US$5.60m | 0.0084% MX$ 177.1m | |
| Chief Communications & Sustainability Officer | 2.1yrs | US$3.00m | 0.000020% MX$ 421.8k | |
| Chief Human Resources Officer | 3.8yrs | US$3.99m | 0.00028% MX$ 5.9m | |
| President of Process Automation | 7.8yrs | US$4.84m | 0.0021% MX$ 43.4m | |
| President of Robotics & Discrete Automation Business | no data | US$4.43m | 0.0054% MX$ 114.5m | |
| Advisor | less than a year | US$11.52m | 0.021% MX$ 437.6m | |
| Chief Information Officer | 6.1yrs | no data | no data | |
| Group Senior VP & Head of Investor Relations | 4.8yrs | no data | no data | |
| General Counsel & Company Secretary | less than a year | no data | no data | |
| Group Senior VP & Chief Counsel of Corporate & Finance | no data | no data | no data | |
| Group Head of Global Mobility & VP | 13.8yrs | no data | no data |
4.3yrs
Average Tenure
56yo
Average Age
Experienced Management: ABBN N's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent & Non-Executive Director | 8.6yrs | US$416.13k | 0.0034% MX$ 72.1m | |
| Independent Chairman of the Board | 9.6yrs | US$1.43m | 0.011% MX$ 236.8m | |
| Independent & Non-Executive Director | 6.7yrs | US$392.35k | 0.0023% MX$ 47.9m | |
| Director | less than a year | no data | no data | |
| Independent & Non-Executive Director | 7.6yrs | US$380.46k | 0.0047% MX$ 99.5m | |
| Independent & Non-Executive Director | 8.6yrs | US$475.58k | 0.0028% MX$ 58.8m | |
| Independent & Non-Executive Director | 9.6yrs | US$380.46k | 0.0027% MX$ 56.3m | |
| Independent Director | 6.7yrs | US$416.13k | 0.0027% MX$ 57.2m | |
| Director | less than a year | no data | no data | |
| Director | 1.7yrs | US$196.18k | 0.00053% MX$ 11.2m | |
| Independent & Non-Executive Director | 6.7yrs | US$392.35k | 0.0022% MX$ 45.3m |
6.7yrs
Average Tenure
59yo
Average Age
Experienced Board: ABBN N's board of directors are considered experienced (6.7 years average tenure).