Rosengren will join ABB in February next year, ABB said. He will take over from acting ABB CEO Peter Voser in March, with Voser reverting to his position as chairman of the board at ABB, according to the company’s statement.
Voser took over temporarily as head of ABB after Ulrich Spiesshofer left suddenly in April.
Businesses which generate US$3 billion of revenue, 11% of ABB’s total annual sales, are now under review and could be sold off or closed down, Voser told
Voser, the former Royal Dutch
“Björn Rosengren has, since he joined Sandvik in November 2015, established a solid decentralised business model for the company and made the organisation more flexible and efficient,” Sandvik said in a statement.
Rosengren, 60, has also held several positions in Sandvik peer
Sandvik, maker of quarrying plant and associated equipment, metal-cutting tools and mining gear, said last month it would cut around 2,000 jobs to buttress profitability in the face of early signs of slowing market demand.