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ABB Ltd ( (CH:ABBN) ) has issued an update.
ABB has announced the appointment of Christian Nilsson as the new Chief Financial Officer, effective February 1, 2026, succeeding Timo Ihamuotila. This leadership change is part of ABB’s ongoing efforts to maintain its strong market position in electrification and automation, ensuring a smooth transition and continuity in its strategic focus. Nilsson, who has been with ABB since 2017, brings extensive international finance experience, which is expected to support ABB’s continued success and operational efficiency.
The most recent analyst rating on (CH:ABBN) stock is a Hold with a CHF55.00 price target. To see the full list of analyst forecasts on ABB Ltd stock, see the CH:ABBN Stock Forecast page.
More about ABB Ltd
ABB is a global technology leader specializing in electrification and automation, with a focus on enabling sustainable and resource-efficient futures. With over 140 years of history and approximately 110,000 employees worldwide, ABB connects engineering and digitalization expertise to enhance industrial performance and sustainability. The company’s shares are listed on the SIX Swiss Exchange and Nasdaq Stockholm.
Average Trading Volume: 2,150,631
Technical Sentiment Signal: Buy
Current Market Cap: CHF107.3B
For a thorough assessment of ABBN stock, go to TipRanks’ Stock Analysis page.