ABB combines Group Transformation and Group Processes divisions and appoints Eric Drewery as Division Head

Zurich, Switzerland, Jan 29, 2002 – ABB announced today that it is combining the activities of two group divisions, Group Transformation and Group Processes, with immediate effect.

Group Transformation, which in 2001 designed and implemented the simplification of the company’s organizational structure, will be folded into Group Processes, the division responsible for ABB’s shared services, common processes and infrastructure.

Eric Drewery, who has led Group Transformation, is taking over as head of the Group Processes Division from Andrew Eriksson, who is leaving ABB for personal reasons.

“The customer-centric organization has been put in place in all markets. Now it is time to drive through implementation and operational efficiencies,” said president and CEO Jörgen Centerman. “We are grateful to Andrew for his contributions to ABB and wish him success in the future.”

ABB (www.abb.com) is a global leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. ABB has 160,000 employees in more than 100 countries.

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