ABB_id2059
in News Departments > People
print the content item

ABB has announced that Michel Demare will step down as the company's chief financial officer (CFO) and member of the executive committee.

He has been appointed as the new chairman of Syngenta and will also focus on other board roles.

Demare joined ABB in 2005 as CFO and acted as interim CEO for part of 2008. In addition, he was head of ABB's Global Markets organization for several years. He will leave ABB at a date still to be determined.

A successor to Demare has not yet been named.





Advertisement

Trachte_id2056
Latest Top Stories

More Investors Entering Tax Equity Market; Returns Holding Steady

The entry of new tax equity investors to the wind space last year re-ignited an old debate.


Report: Top 10 Turbine OEMs Had Record Year In 2014

Preliminary findings suggest Vestas reigned supreme again among the world's leading wind turbine makers. How did some of the other OEMs fare?


AWEA's Gramlich To FERC: Additional Transmission Needed Regardless Of Clean Power Plan

To further build a more balanced and reliable electricity portfolio, the U.S. needs to build more transmission capacity.


Getting A Grip On Grinding Gearboxes: Why Such Events Need Not Be Showstoppers

Despite advances in gearbox reliability - namely, from condition monitoring systems and greater design standardization - challenges remain.


How Wind Energy Can Meet EPA Clean Power Plan Requirements

According to the American Wind Energy Association, wind power is a cost-effective solution for complying with the environmental effort.

Hybrid Energy Innovations 2015