People: ABB Ltd (ABBN.S)
Mr. Jacob Wallenberg has been Non-Executive Independent Vice Chairman of the Board of ABB Ltd since April 2015. He was Non-Executive Member of the Board of Directors of ABB Ltd from June 26, 1999 till April 2015. He is Member of the Governance and Nomination Committee at the Company. From March 1999 to June 1999, he served as Member of the Board of Directors of ABB Asea Brown Boveri Ltd. He holds a Bachelor of Science degree in Economics from the Wharton School, University of Pennsylvania, the United States, which he earned in 1980. Then, in 1981, Mr. Wallenberg earned a Master of Business Administration degree also from Wharton School of the University of Pennsylvania. He is Chairman of the board of directors, Investor AB, Vice Chairman of Telefonaktiebolaget L.M. Ericsson AB, Vice Chairman of SAS AB, Vice Chairman of FAM AB, Vice Chairman of Patricia Industries AB, and Member of the board of directors of The Knut and Alice Wallenberg Foundation, among others.
|Total Annual Compensation, CHF||450,000|
|Restricted Stock Awards, CHF||--|
|Long-Term Incentive Plans, CHF||--|
|All Other, CHF||--|
|Fiscal Year Total, CHF||450,000|