ABB appoints Markus Bayegan new head of Group R&D

     CCraigTedmon to retire; recognized for building ABB's successful global R&D

Zurich, Switzerland, December 5, 1997 - ABB, the international electrical engineering
Group, today announced the appointment of a new head of its corporate R&D
activities. Effective January 1, 1998, Dr. Markus Bayegan, currently Senior Vice
President in charge of Technology for ABB's global Industrial and Building Systems
segment, will assume new responsibilities as Senior Corporate Officer, Research and
Development. Dr. Bayegan succeeds Dr. Craig Tedmon, who is retiring at the end of
the year in line with his long-term plans.

Dr. Bayegan, 53, joined ABB in 1981 through the company's predecessor in Norway -
EB Corporation - and in 1987 he was appointed head of corporate research there. A
Norwegian citizen, Dr. Bayegan has extensive experience as a research scientist and
systems engineer with various organizations. He was a Visiting Research Scientist at
Stanford University in the U.S. from 1980-81 and since 1985 has held the position of
Professor of Electronics Manufacturing at the Norwegian Institute of Technology in
Trondheim, from which he holds a PhD in computer-aided design. Dr. Bayegan has
written a number of books in the area of microelectronics and information technology
and has a graduate degree in electronics from the Technical University of Vienna,

Dr. Tedmon joined ABB in 1991. He was instrumental in building ABB's global
corporate R&D organization - nine research centers in eight countries in the U.S. and
Europe - following the merger of Asea and BBC Brown Boveri in 1988. His efforts
were recognized in 1995 when ABB's technology management was named the best in
Europe in a peer review of 100 companies by Arthur D. Little management consultants.
Mr. Tedmon will continue to provide his expertise to the Group on a consulting basis.

The ABB Group employs about 216,000 people worldwide with orders in 1996 of
US$ 36 billion. Expenditures on R&D in 1996 amounted to approximately US$ 2.6
billion. (End)

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    Contact us

    • Mr. John Fox
      ABB Corporate Communications, Zurich
      Tel. +41 1 317 7371
      Fax. +41 1 317 7958
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