ABB Ltd
25 August 2006
Peter Leupp joins ABB Group Executive Committee to head Power Systems division
Zurich, Switzerland, August 25, 2006 - ABB announced today that Peter Leupp,
country manager of ABB in China, has been appointed to the Group Executive
Committee as head of the Power Systems division. He replaces Samir Brikho who
leaves ABB on October 1, 2006 to become chief executive of a United
Kingdom-listed company.
Peter Leupp has been instrumental in ABB's growth in China where he took over as
country manager in 2001 and now heads a much expanded and successful operation
with some 9,000 employees, in addition to his role as region manager for North
Asia.
He joined ABB (Brown Boveri) in 1977 and has spent most of his career in the
power technology area.
Fred Kindle, ABB President and CEO said: 'Peter has already made a significant
contribution to the development of ABB across the world and particularly in
China. We welcome him to the Executive Committee and to his new position. With
his skills and Asian expertise he will add substantial value to the top
leadership of our group.'
'We also thank Samir for his many years of commitment to ABB and wish him well
for the future,' said Kindle.
The Power Systems division employs 12,500 people and had revenues of more than
$2 billion in the first six months of 2006.
ABB (www.abb.com) is a leader in power and automation technologies that enable
utility and industry customers to improve performance while lowering
environmental impact. The ABB Group of companies operates in around 100
countries and employs about 107,000 people.
A picture and CV of Peter Leupp are available at www.abb.com/news.
This information is provided by RNS
The company news service from the London Stock Exchange
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