Joe Hogan, CEO of ABB is leaving the company. Hogan will continue to lead ABB until a successor is announced. He joined the company as CEO in September 2008.
“Joe is a great and successful CEO and has done a remarkable job of leading the company through the deepest economic crisis in living memory,” says Hubertus von Grunberg, chairman. “ABB today is in a much better position than it was when he joined five years ago.”
In addition, Prith Banerjee, who joined ABB in 2012 and served as chief technology officer, is leaving the company in the coming weeks. He will be relocating here to the United States, where he will be taking another position outside the company. Banerjee’s successor has yet to be announced.