Monday, August 21st, 2017

ABB Chief Hogan to stand down for private reasons

ABB's CEO Hogan gestures while attending the company's annual news conference in ZurichZURICH (Reuters) – ABB Chief Executive Joe Hogan is leaving the company for what it said were private reasons. His departure date has not yet been decided. Hogan joined the Swiss industrial group as CEO in September 2008, and has invested some $20 billion to strengthen the company since then, including the major acquisitions of U.S. groups Baldor and Thomas & Betts and, in April this year, solar energy company Power One . …


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