ABB appoints Michael Halbherr as E-Mobility chairman
ABB has appointed Michael Halbherr as chairman of its E-Mobility division, which includes its charging station business. The appointment comes in the wake of the division’s planned spin-off, including an IPO.
ABB E-Mobility’s board of directors will include Halbherr and three other independent members, who will be selected “in due course.” In addition to the independent members, parent company ABB will send three members, specifically Tarak Mehta, president of the Electrification business unit, Carolina Granat, chief human resources officer, and Andreas Wenzel, head of strategy and M&A.
The 57-year-old Swiss national has worked at the Boston Consulting Group and as CEO of Nokia subsidiary Here, among others. He is currently a founder, investor and board member of several start-up technology companies, as well as a board member of Vontobel Holding and Zurich Insurance Group of Switzerland.
“We are delighted to have Michael join our exciting e-mobility story as a recognised authority in the mobile technology and automotive industry,” said ABB CEO Björn Rosengren. “We are also pleased to bring in a new board member who will lead the division in the spirit of an agile and fast-moving independent company.”
Frank Muehlon will continue to provide operational leadership for the division. “I can’t wait to work closely with CEO Frank Muehlon and his team to drive future growth in line with sustainable mobility and digitalization trends,” Halbherr says.
The E-Mobility division will hold a virtual capital markets day on 10 February. According to reports last week, the IPO is planned for the second quarter this year.