ABB Chairman Peter Voser has taken over as temporary chief executive at the Swis...
FILE PHOTO: Chairman Peter Voser of Swiss power technology and automation group ABB addresses the company's annual shareholder meeting in Zurich, Switzerland, March 29, 2018. REUTERS/Arnd Wiegmann
In a surprise move Spiesshofer, CEO since 2013, agreed with the board to step down and a search has begun for a successor, ABB said. It has also been dogged by problems with its internal financial controls, which led to reduced bonuses for some executive committee members.
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