PRZOOM - /newswire/ -
Zurich, Switzerland, 2011/12/07 - Power Systems head Peter Leupp to retire after more than 30 years, remains Board member for ABB in India and China - ABB.com. NYSE: ABB
ABB, the leading power and automation technology group, has made new appointments in the Executive Committee (EC) following the decision of Peter Leupp, head of the Power Systems division, to retire from the company.
Brice Koch, an EC member responsible for Marketing and Customer Solutions (MC), will succeed Leupp on March 1, 2012. Greg Scheu, head of the Discrete Automation and Motion division in North America, will join the EC and take over Koch’s current role as of July 1, 2012. Between March and July, the MC team will report to CEO Joe Hogan.
Leupp, who has worked at ABB for more than 30 years, will continue as a director on the boards of ABB in China and of ABB Ltd, the company’s listed Indian subsidiary, positions he has held since 2001 and 2002, respectively.
“Peter has given many years of great service to ABB and I am very pleased that he will continue as a board member in India and China where his knowledge and expertise have proven to be invaluable,” said Chief Executive Officer Joe Hogan. “It is also a testimony to our internal bench strength that we have strong successors in Brice and Greg.
“Brice has built a very strong team in MC and his experience in ABB augurs well for success in Power Systems. Greg has shown his leadership and business skills over several years and is ideally suited to building on the existing strengths of MC,” Hogan said.
Scheu, a former executive at Rockwell International, joined ABB in 2001 and is also currently responsible for integration of Baldor Electric Co., a leading North American maker of industrial motors acquired by ABB in January 2011.
ABB (abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 130,000 people.