Report of Foreign Issuer (6-k)
January 11 2018 - 9:30AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT
TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of January 2018
Commission File Number 001-16429
ABB Ltd
(Translation of registrant’s name into English)
P.O. Box 1831,
Affolternstrasse 44, CH-8050, Zurich, Switzerland
(Address of principal executive office)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1):
⬜
Note:
Regulation S-T
Rule 101(b)(1) only permits the submission in paper of a Form 6-K if
submitted solely to provide an attached annual report to security holders.
Indication
by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7):
⬜
Note:
Regulation S-T
Rule 101(b)(7) only permits the submission in paper of a
Form 6-K if submitted to furnish a report or other document that the
registrant foreign private issuer must furnish and make public under the laws
of the jurisdiction in which the registrant is incorporated, domiciled or
legally organized (the registrant’s “home country”), or under the rules of
the home country exchange on which the registrant’s securities are traded, as
long as the report or other document is not a press release, is not required to
be and has not been distributed to the registrant’s security holders, and, if
discussing a material event, has already been the subject of a Form 6-K
submission or other Commission filing on EDGAR.
Indicate
by check mark whether the registrant by furnishing the information contained in
this Form is also thereby furnishing the information to the Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
If
“Yes” is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-
This
Form 6-K consists of the following:
1.
Press
release issued by ABB Ltd dated January 11, 2018, titled “ABB nominates new
board members”.
2
—
ZURICH,
SWITZERLAND, JANUARY 11, 2018
ABB nominates new board members
At
the coming annual general meeting (AGM) on March 29, 2018, all ABB Board of
Directors members will stand for reelection, with the exceptions of Ying Yeh
and Louis R. Hughes, who have decided not to seek another term. Additionally,
following a careful selection process, the Board of Directors has nominated
three new candidates for seats on the board – Jennifer Xin-Zhe Li, former CFO
of Baidu and current head of Baidu Capital, Geraldine Matchett, Global CFO of
Royal DSM, and Gunnar Brock, the former President and CEO of Atlas Copco Group.
The shareholders will vote on each candidate for election to the board at the
AGM.
“We
are pleased to nominate Jennifer, Geraldine and Gunnar to ABB’s Board of
Directors,” said Peter Voser, Chairman of the Board. “Each of these exceptional
individuals brings relevant, long-term experience and judgment to the role. At
the same time, I would like to thank Ying Yeh and Lou Hughes for their
outstanding contributions to our work in the past. Lou has been Chairman of the
Finance, Audit and Compliance Committee and offered years of long-standing
service for which we are very grateful.”
Jennifer
Xin-Zhe Li became head of Baidu Capital in 2017. Previously she served as CFO
of Baidu, Inc., and in a range of senior financial positions at General Motors.
She holds an MBA from the University of British Columbia.
Geraldine
Matchett has been the Global CFO of Royal DSM since 2014. She was previously
the Global CFO at SGS S.A. in Switzerland. She holds a master’s degree in
sustainable development from the University of Cambridge.
Gunnar
Brock has formerly served as President and CEO of Atlas Copco Group, President
and CEO of Thule International, President and CEO of Tetra Pak Group, and President
and CEO of Alfa Laval Group. He is currently Chairman of the Board at Mölnlycke
Health Care AB and Stena AB and is a board member at Investor AB, ABB’s largest
shareholder, and among others, Patricia AB. He holds an MBA from the Stockholm
School of Economics.
The
election of ABB’s nominees would bring the number of board members from 10 to
11.
ABB
(ABBN: SIX Swiss Ex) is a pioneering technology leader in electrification
products, robotics and motion, industrial automation and power grids, serving
customers in utilities, industry and transport & infrastructure globally.
Continuing a history of innovation spanning more than 130 years, ABB today is
writing the future of industrial digitalization and driving the Energy and
Fourth Industrial Revolutions. As title partner of Formula E, the fully
electric international FIA motorsport class, ABB is pushing the boundaries of
e-mobility to contribute to a sustainable future. ABB operates in more than 100
countries with about 136,000 employees. www.abb.com
—
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For
more information, please contact:
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Media
Relations
Phone:
+41 43 317 71 11
Email:
media.relations@ch.abb.com
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Investor
Relations
Phone:
+41 43 317 71 11
Email:
investor.relations@ch.abb.com
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ABB Ltd
Affolternstrasse 44
8050 Zurich
Switzerland
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
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ABB LTD
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Date: January 11, 2018.
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By:
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Name:
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Jessica Mitchell
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Title:
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Group Senior Vice President
and
Head of Investor Relations
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Date: January 11,
2018.
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By:
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Name:
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Richard A. Brown
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Title:
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Group Senior Vice President
and
Chief Counsel Corporate & Finance
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