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 $8.29M. The average tenure of the management team and the board of directors is 4.2 years and 6.5 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 | 4.2yrs |
Board average tenure | 6.5yrs |
Recent management updates
Recent updates
ABB Q4 2022 Earnings Preview
Feb 01ABB: Premium Transformation Story
Jan 15ABB: A Counterintuitive Top Pick For 2023
Dec 25ABB Has Rebuilt Belief In Its Execution, But Macro Is Getting More Challenging
Nov 01ABB Q3 Earnings Preview
Oct 19ABB to offload remaining 19.9% stake in Hitachi Energy joint venture to Hitachi
Sep 30ABB: Turbulent Waters May Be Giving Way To A Strong Second Half
Sep 13ABB: Thoughts On The Accelleron Spin-Off
Sep 06ABB to spin off its Accelleron turbocharging business with 1-for-20 shares
Jul 20ABB join forces Red Hat to deliver digital solutions across industrial edge and hybrid cloud
Jul 12ABB: The Story Is Getting More Exciting, And The Valuation More Reasonable
Jun 29ABB Ltd: Bearish Trend Now Gaining Traction
Apr 18ABB: Stable Prospects
Mar 14ABB Undervalued As The Next Phase Of Its Evolution Begins
Feb 15ABB: Eyeing Up A Potential Short Trade
Jan 30ABB: It's Time To Take Profits
Oct 23ABB Delivering A Powerful One-Two Punch With Recovering End-Markets And Self-Improvement
Jul 28ABB - Still A Great Business, Still A Poor Price
Jun 30ABB Q1 2021 Earnings Preview
Apr 26ABB Q4 2020 Earnings Preview
Feb 03The Market Has Already Priced A Strong Recovery In ABB
Jan 12ABB to pay $104M to Eskom in South Africa corruption probe
Dec 11ABB shares dip on divestment plan, lowered targets
Nov 19ABB Delivers Surprisingly Good Margins, But End-Market Weakness Still Significant
Oct 28CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
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 below average for companies of similar size in the US market ($USD13.03M).
Compensation vs Earnings: Morten's compensation has increased by 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% $ 8.3m | |
Chief Financial Officer | 7.4yrs | US$5.60m | 0.0095% $ 10.3m | |
Chief Communications & Sustainability Officer | 1.9yrs | US$3.00m | 0.000020% $ 21.7k | |
Chief Human Resources Officer | 3.7yrs | US$3.99m | 0.00028% $ 303.2k | |
President of Process Automation | 7.7yrs | US$4.84m | 0.0020% $ 2.2m | |
President of Robotics & Discrete Automation Business | no data | US$4.43m | 0.0054% $ 5.9m | |
Advisor | less than a year | US$11.52m | 0.021% $ 22.4m | |
Chief Information Officer | 5.9yrs | no data | no data | |
Group Senior VP & Head of Investor Relations | 4.7yrs | no data | no data | |
Interim General Counsel & Company Secretary | 1.3yrs | no data | no data | |
Group Senior VP & Chief Counsel of Corporate & Finance | no data | no data | no data | |
Group Head of Global Mobility & VP | 13.7yrs | no data | no data |
4.2yrs
Average Tenure
57yo
Average Age
Experienced Management: ABBN.Y's management team is considered experienced (4.2 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Independent & Non-Executive Director | 8.4yrs | US$416.13k | 0.0033% $ 3.5m | |
Independent Chairman of the Board | 9.4yrs | US$1.43m | 0.011% $ 11.4m | |
Independent & Non-Executive Director | 6.5yrs | US$392.35k | 0.0023% $ 2.5m | |
Director | less than a year | no data | no data | |
Independent & Non-Executive Director | 7.4yrs | US$380.46k | 0.0045% $ 4.9m | |
Independent & Non-Executive Director | 8.4yrs | US$475.58k | 0.0027% $ 2.9m | |
Independent & Non-Executive Director | 9.4yrs | US$380.46k | 0.0026% $ 2.8m | |
Independent Director | 6.5yrs | US$416.13k | 0.0026% $ 2.8m | |
Director | less than a year | no data | no data | |
Director | 1.5yrs | US$196.18k | 0.00038% $ 411.4k | |
Independent & Non-Executive Director | 6.5yrs | US$392.35k | 0.0021% $ 2.2m |
6.5yrs
Average Tenure
59yo
Average Age
Experienced Board: ABBN.Y's board of directors are considered experienced (6.5 years average tenure).