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Outcome of board meeting of ABB India

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Capital Market

Held on 28 October 2014

ABB India announced that the Board of Directors of the Company at its meeting held on 28 October 2014, following changes have been made in the Board of Directors:

1. Gary Steel has resigned as Director and Chairman of the Board with effect from October 28, 2014 and Francis Duggan has been appointed as non-executive Director, in the casual vacancy caused by the resignation of Gary Steel.

Further, Francis Duggan, has also been appointed as Chairman of the Board of the Company, with immediate effect, therefrom.

Francis Duggan is President of Global Markets and Region Manager, India, Middle East and Africa. He is also a Member of Executive Committee of ABB Group.

 

2. Peter Leupp has resigned as Director with effect from 28 October 2014 and Tarak Mehta has been appointed as non-executive Director, in the casual vacancy caused by the resignation of Peter Leupp.

Tarak Mehta is Executive Vice President, Global Head of Low Voltage Products division and also a Member of Executive Committee of ABB Group.

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First Published: Oct 28 2014 | 7:16 PM IST

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