Brice Koch to leave ABB to become CEO of Oerlikon

Head of Power Systems division to support orderly succession before stepping down

Zurich, Switzerland, Nov. 1, 2013 – Brice Koch, head of the Power Systems division at ABB, the leading power and automation technology group, has decided to leave ABB to become chief executive officer at Oerlikon, based in Pfaeffikon, Switzerland.

An orderly succession process has been initiated, which Koch will support before leaving the Group. ABB aims to have a permanent successor in place by the end of the first quarter of 2014.

Koch joined ABB in 1994 and held a number of roles in Switzerland before taking over as global head of the Transformers business unit in 2002. In 2007, he became head of ABB in China and North Asia, and joined the Executive Committee in 2010 as head of Marketing and Customer Solutions. He has been responsible for the Power Systems division since March 2012.

“Brice has been a very supportive colleague and friend of ABB in recent years. He has done so much to drive collaboration and performance at ABB, and we will miss his valuable contribution,” said CEO Ulrich Spiesshofer.

“Thanks to his efforts, the repositioning of the Power Systems division continues, and I’m pleased that Brice will continue to drive this as we conduct the succession process,” he added.

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 150,000 people.

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