Leadership Shakeup at ABB Amid Power Grids Business Overhaul
Credit to Author: Sonal Patel| Date: Wed, 17 Apr 2019 12:15:58 +0000
Only months after ABB announced Hitachi would acquire a majority stake in its flagship power grids business for $11 billion, the company’s board of directors ousted CEO Ulrich Spiesshofer and officially launched a search for a new leader. The Zurich-based technology giant said on April 17 that the board of directors and Spiesshofer “mutually agreed […]
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