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: November 2004
Commission File Number: 001-16429
ABB Ltd
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(Translation of registrant's name into English)
P.O. Box 8131, Affolternstrasse 44, CH-8050, Zurich, Switzerland
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(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.
Form 20-F X Form 40-F
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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.
Yes No X
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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 of ABB Ltd, dated November 1, 2004.
Press Release ABB
For your business and technology editors
Michel Demare joins ABB Group as new CFO
Zurich, Switzerland, November 1 - ABB today announced that Michel Demare,
currently Chief Financial Officer (CFO) of the European operations of Baxter
International, will join ABB as CFO and member of the Group Executive Committee
on February 1, 2005.
Demare, 48, a Belgian citizen, comes to ABB after an international finance
career with The Dow Chemical Company (1984-2002) and most recently with Baxter
International, a U.S. health care group.
"With Michel Demare, we strengthen our leadership team with a finance expert who
is both multicultural by outlook and experience, as well as a solid team
player," said ABB chairman and CEO Jurgen Dormann.
"With his experience, Michel Demare will play a key role as we progress
steadily towards the goals we have committed to for 2005, and in keeping ABB on
its path of sustainable profitable growth."
Dormann said ABB's board of directors appointed Demare after a candidate
selection process involving both the board and CEO-designate Fred Kindle. Kindle
will take over from Dormann as the CEO of ABB on January 1, 2005, with Dormann
remaining as chairman of the board of directors.
Demare joined Dow Chemical as finance manager in Brussels in 1984. After a
succession of posts in France and at Dow's headquarters in the U.S., he moved to
its center for Europe, Middle East and Africa in Zurich in 1992. He became group
finance director of Dow's global polyolefins division in 1997. In 2002, Demare
joined Baxter International as a Vice President and CFO of Baxter Europe, also
based in Zurich.
Demare succeeds Peter Voser, who recently resigned from ABB to rejoin Shell as
the oil group's CFO.
ABB (www.abb.com) is a leader in power and automation technologies that enable
utility and industry customers to improve performance while lowering
environmental impact. The ABB Group of companies operates in around 100
countries and employs about 103,000 people.
For more information please contact:
Media Relations : Investor Relations :
ABB Corporate Communications, Zurich ABB Investor Relations
Thomas Schmidt Switzerland: Tel. +41 43 317 71 11
Tel: +41 43 317 6568 Sweden: Tel. +46 21 325 719
Fax: +41 43 317 7958 USA : Tel. +1 203 750 7743
media.relations@ch.abb.com investor.relations@ch.abb.com
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.
ABB LTD
Date: November 1, 2004 By: /s/ Richard A. Brown
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Name: Richard A. Brown
Title: Group Vice President and Assistant
General Counsel
By: /s/ Francois Champagne
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Name: Francois Champagne
Title: Group Vice President and Senior Counsel