ABB – ABB appoints new Business Area Presidents
ABB today announced the appointment of Giampiero Frisio as the new President of its Electrification Business Area and Brandon Spencer as the new President of its Motion Business Area.
Both will take over their new roles and join ABB’s Executive Committee on August 1, 2024.
ABB CEO Björn Rosengren said: “Both Giampiero and Brandon are proven leaders with strong track records in their current roles driving profitable growth in two of our largest Divisions. I am particularly happy that we are appointing internal candidates – this shows the strength of ABB’s pool of senior leaders. I am confident that they will build on the strong performance achieved in Electrification and Motion over the past years.”
Morten Wierod, CEO designate, added: “I am excited to work with Giampiero and Brandon also in their new roles when I take over as ABB CEO later this year. With them we will continue to have a strong Executive Committee that will drive ABB’s financial and sustainability performance.”
(1/2) Giampiero Frisio, currently Division President Smart Power, was appointed Business Area President Electrification.
(2/2) Brandon Spencer, currently Division President Energy Industries, was appointed Business Area President Motion.
Giampiero Frisio, Division President Smart Power (Electrification Business Area) since 2018, will succeed Morten Wierod who, as announced previously, will become ABB’s new CEO as of August 1, 2024. Giampiero joined ABB in 1995 and has held numerous managerial positions in roles ranging from operations to marketing and sales. From January 2011 to November 2018, he was the Managing Director for Protection and Connection Business Unit, Electrification Products. He holds a Master’s degree in Electrical Engineering from Pavia University in Italy. Giampiero is an Italian citizen.
Brandon Spencer, Division President Energy Industries (Process Automation Business Area) since 2020, will succeed Tarak Mehta, who as announced previously, will leave ABB to assume the role of CEO of Timken Group after more than 25 years with ABB. Brandon joined ABB in 2006 and has held a range of leadership roles with a focus on the energy sector. Between 2018 and 2020, he was Global Managing Director for ABB Process Industries. Prior to joining ABB, Brandon held various roles at Siemens Power Generation. He holds a bachelor’s degree in Economics and a Masters’ degree in Business Administration from the Crummer School of Business at Rollins College in Winter Park, Florida. Brandon is a US citizen.
As of August 1, 2024, ABB’s Executive Committee will consist of: Morten Wierod (Chief Executive Officer), Timo Ihamuotila (Chief Financial Officer), Carolina Granat (Chief Human Resources Officer), Karin Lepasoon (Chief Communications and Sustainability Officer), Giampiero Frisio (President, Electrification), Peter Terwiesch (President, Process Automation), Brandon Spencer (President, Motion) and Sami Atiya (President, Robotics & Discrete Automation). In addition, Mathias Gaertner will join the Executive Committee latest on October 1, 2024 as General Counsel and Company Secretary.
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More information on ABB: See full profile on EMR Executive Services
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More information on Tarak Mehta (President, Motion Business Area, ABB + Member of the Group Executive Committee of ABB Ltd, Switzerland till end of July 2024 + Independent Non-Executive Member of the Board of Directors, Prysmian Group + President and Chief Executive Officer, the Timken Company as from September 5, 2024): See full profile on EMR Executive Services
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More information on Sami Atiya (President, Robotics & Discrete Automation Business Area, ABB and Member of the Executive Committee, ABB): See full profile on EMR Executive Services
More information on Carolina Granat (Chief Human Resources Officer and Member of the Executive Committee, ABB + Member of the Board of Directors, ABB E-mobility Holding AG): See full profile on EMR Executive Services
More information on Karin Lepasoon (Chief Communications and Sustainability Officer and Member of Executive Committee, ABB): See full profile on EMR Executive Services
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More information on the Timken Company: https://www.timken.com/ + Timken R&D is the technical engine of real-world progress for our customers. The group’s specialized expertise, 125+ years of cross-industry experience, and depth of knowledge are unparalleled in the industry.
All of our customer-centric investments begin at the intersection of capability and opportunity — we create technical solutions
where they didn’t exist before.
The Timken Company is a global industrial leader with a growing portfolio of engineered bearings and industrial motion brands.
- Net Sales 2023: $ 4,769M
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More information on Richard G. Kyle (President and Chief Executive Officer, the Timken Company till September 5, 2024 + Member of the Board of Directors, the Timken Company as from September 5, 2024): https://www.timken.com/about/richard-g-kyle/ + https://news.timken.com/2024-03-27-The-Timken-Company-Announces-CEO-Succession-Plan
More information on Tarak Mehta (President, Motion Business Area, ABB + Member of the Group Executive Committee of ABB Ltd, Switzerland till end of July 2024 + Independent Non-Executive Member of the Board of Directors, Prysmian Group + President and Chief Executive Officer, the Timken Company as from September 5, 2024): See full profile on EMR Executive Services
