Dec 18 (Reuters) - Abb Ltd:
* ABB ANNOUNCES CHANGES TO EXECUTIVE COMMITTEE
* CLAUDIO FACCHIN, FRANK DUGGAN AND CHUNYUAN GU WILL STEP DOWN FROM EXECUTIVE COMMITTEE OF ABB AS PART OF ORGANIZATIONAL TRANSFORMATION
* WITH ANNOUNCED DIVESTMENT OF POWER GRIDS TO HITACHI, CLAUDIO FACCHIN WILL CONTINUE TO LEAD POWER GRIDS AS A STANDALONE BUSINESS AHEAD OF CLOSING OF TRANSACTION
* CLOSING OF TRANSACTION EXPECTED IN H1 OF 2020
* DUGGAN AND GU WILL STEP DOWN FROM ROLES AS THOSE ROLES ARE TO BE DISCONTINUED UNDER NEW ABB OPERATING SYSTEM
* DUGGAN AND GU WILL CONTINUE AS ADVISORS TO COMPANY Source text for Eikon: Further company coverage: (Berlin Speed Desk)
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