People: ABB Ltd (ABBN.VX)
3 Jul 2015
Mr. Claudio Facchin has been appointed President of the Power Systems division and member of the Executive Committee at Abb Ltd, effective as of December 1, 2013. Before that, he has been Head of ABB in North Asia. Over the past four years he has managed ABB's business in China, Japan and South Korea. Before that, he was Global Head of Business Unit Substations systems within the Power Systems division from 2004 to 2009 and for the global services unit in the power business from 2002 to 2004. He joined the Company in 1995 in Italy, where he held senior positions in sales, project management and service within force operations. He graduated in Mechanical Engineering at Politecnico di Milano in Italy in 1989. From 1990 until 1994, he worked in France for Trane Co. and Valeo SA in a number of operational positions, as well as marketing and sales.
|Total Annual Compensation, CHF||1,564,000|
|Restricted Stock Awards, CHF||--|
|Long-Term Incentive Plans, CHF||--|
|All Other, CHF||1,174,120|
|Fiscal Year Total, CHF||2,738,120|