ABB Ltd
29 January 2002
ABB combines Group Transformation and Group Processes divisions and appoints
Eric Drewery as Division Head
Zurich, Switzerland, January 29, 2002 - ABB announced today that it is combining
the activities of two group divisions, Group Transformation and Group Processes,
with immediate effect.
Group Transformation, which in 2001 designed and implemented the simplification
of the company's organizational structure, will be folded into Group Processes,
the division responsible for ABB's shared services, common processes and
infrastructure.
Eric Drewery, who has led Group Transformation, is taking over as head of the
Group Processes Division from Andrew Eriksson, who is leaving ABB for personal
reasons.
'The customer-centric organization has been put in place in all markets. Now it
is time to drive through implementation and operational efficiencies,' said
president and CEO Jorgen Centerman. We are grateful to Andrew for his
contributions to ABB and wish him success in the future.'
ABB (www.abb.com) is a global leader in power and automation technologies that
enable utility and industry customers to improve performance while lowering
environmental impact. ABB has 160,000 employees in more than 100 countries.
For more information please contact:
Media Relations: Investor Relations:
ABB Corporate Communications, Zurich Switzerland: Tel. +41 43 317 38 04
Thomas Schmidt Sweden: Tel. +46 21 325 719
Tel: +41 1 317 7354 USA: Tel. +1 203 750 7743
Fax: +41 1 317 7958 investor.relations@ch.abb.com
media.relations@ch.abb.com
This information is provided by RNS
The company news service from the London Stock Exchange
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