ABB (ANN.L, ABB) announced its Board has appointed Ulrich Spiesshofer as Chief Executive Officer. Spiesshofer will succeed Joe Hogan, effective September 15, 2013. Hogan will continue with the company for some months as Senior Advisor to the Board.
Spiesshofer joined the company's Executive Committee in 2005 and was named responsible for the Discrete Automation and Motion division, in 2009.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.