ABB Corporate Logo

Asea Brown Boveri, or ABB, is a multinational corporation headquartered in Zürich, Switzerland, operating mainly in the power and automation business areas. It operates in around 100 countries, with about 102,000 employees. The word multinational can refer to: A Multinational corporation A Multinational State This is a disambiguation page, a list of pages that otherwise might share the same title. ... A corporation is a legal entity (distinct from a natural person) that often has similar rights in law to those of a Civil law systems may refer to corporations as moral persons; they may also go by the name AS (anonymous society) or something similar, depending on language (see below). ... Location within Switzerland â–¶(?) (German pronunciation IPA: ; in English often Zurich, without the umlaut) is the largest city in Switzerland (population: 366,145 in 2004; population of urban area: 1,091,732) and capital of the canton of Zürich. ... Automation (ancient Greek: = self dictated) or industrial automation is the use of computers to control industrial machinery and processes, replacing human operators. ...

CEO

Fred Kindle assumed the role of President and CEO on Janurary 1, 2005. Kindle's most recently served as CEO of Sulzer Ltd. in 2004. Kindle received an engineering degree from ETH Zurich, and completed an MBA at Northwestern University in Illinois, U.S. ETH Zurich (from its German name Eidgenössische Technische Hochschule Zürich, ETHZ) is the Swiss Federal Institute of Technology in Zürich, Switzerland. ... Master of Business Administration (MBA) is a tertiary degree in business management. ... Northwestern University is a private, coeducational, non-sectarian university, located in Evanston, Illinois and Chicago, Illinois. ... State nickname: Land of Lincoln, The Prairie State Other U.S. States Capital Springfield Largest city Chicago Governor Rod Blagojevich (D) Senators Richard Durbin (D) Barack Obama (D) Official language(s) English Area 149,998 km² (25th)  - Land 143,968 km²  - Water 6,030 km² (4. ... ...

History

• ABB resulted from the 1987 merger of Swedish and Swiss corporations ASEA and BBC Brown Boveri.
• In 1987 the corporation had 170,000 employees.

1987 (MCMLXXXVII) is a common year starting on Thursday of the Gregorian calendar. ... The phrase mergers and acquisitions or M&A refers to the aspect of corporate finance strategy and management dealing with the merging and acquiring of different companies as well as assets. ... ASEA (Allmänna Svenska Elektriska Aktiebolaget) was a Swedish industry company. ... Employment is a contract between two parties, one being the employer and the other being the employee. ...

Former CEOs

• 2002-2004: Jürgen Dormann
• 1997-2002: Göran Lindahl
• 1987-1996: Percy Barnevik

Percy Barnevik, (born 1941) Swedish industry leader. ...

External Links

• Official website

See Also

See also: Investor AB Investor AB is a Swedish investment company, founded in 1916 and still controlled by the Wallenberg family. ...