Ulrich Spiesshofer

Last updated
Ulrich Spiesshofer
TechCrunch Disrupt Berlin 2017 (27073399049).jpg
Spiesshofer speaks at TechCrunch Disrupt Berlin in 2017
Born (1964-03-26) 26 March 1964 (age 59)
Aalen, Germany
NationalityGerman, Swiss [1]
Education University of Stuttgart (MBA, PhD) [2]
Children2

Ulrich Spiesshofer (born 26 March 1964), is the former chief executive officer of the ABB Group, a leading power and automation technology company, headquartered in Zurich, Switzerland. He took up the role on 15 September 2013, succeeding Joe Hogan. Previously, Spiesshofer had headed ABB's Discrete Automation and Motion division, which includes the company's robotics, power conversion, motors and drives businesses. [3] Spiesshofer stepped down 17 April 2019. [4]

Contents

Early life and education

Spiesshofer was born in Aalen, in the southwestern German state of Baden-Wuerttemberg. He holds a PhD in economics as well as a master's degree in business administration and engineering from the University of Stuttgart.

Career

From 1991 to 2002, Spiesshofer worked for AT Kearney management consultants, rising to become the managing director of AT Kearney International, during which time he ran consulting businesses in industries including oil and gas, utilities, telecommunications and automotive, in Europe, Asia and the Americas. He then spent three years as a senior partner and global head of the operations practice at Roland Berger Strategy Consultants in Switzerland. [5]

Spiesshofer joined ABB in 2005 as Executive Committee member responsible for strategy development. In 2010, he was appointed Head of Discrete Automation and Motion, one of ABB's five divisions. There, he led the acquisition of Baldor Electric, the largest maker of industrial motors in North America. It was ABB's biggest acquisition to date with a purchase price of $4.2 billion. [6] In 2013, Spiesshofer was appointed CEO of ABB, a position he held until 2019.

As CEO, he led the ABB acquisition of GE Industrial Systems, which was announced in 2017. [7]

Other activities

Personal life

Spiesshofer is an avid skier, sailor and amateur musician, accomplished at the clarinet, saxophone and accordion. [9] He lives with his wife Natalie and two children, Nicolas and Louis, in Zurich.

Related Research Articles

<span class="mw-page-title-main">Industrial robot</span> Robot used in manufacturing

An industrial robot is a robot system used for manufacturing. Industrial robots are automated, programmable and capable of movement on three or more axes.

<span class="mw-page-title-main">ABB</span> Swedish-Swiss robotics and electrical equipment company

ABB Ltd. is a Swedish-Swiss multinational corporation headquartered in Zürich, Switzerland. The company was formed in 1988 when Sweden's Allmänna Svenska Elektriska Aktiebolaget (ASEA) and Switzerland's Brown, Boveri & Cie merged to create ASEA Brown Boveri, later simplified to the initials ABB. Both companies were established in the late 1800s and were major electrical equipment manufacturers, a business that ABB remains active in today. The company has also since expanded to robotics and automation technology.

Capgemini Engineering is a global innovation and engineering consulting firm founded in 1982 in France by Alexis Kniazeff and Hubert Martigny. Altran operates primarily in high technology and innovation consultancy, which account for nearly 75% of its turnover. Administrative and information consultancy accounts for 20% of its turnover with strategy and management consulting making up the rest. The firm is active in most engineering domains, particularly electronics and IT technology. In 2018, Altran generated €2.916 billion in revenues and employed over 46,693 people around the world. Since 18 June 2015, Altran has been led by CEO Dominique Cerutti. Altran was acquired by Capgemini in 2019. On 8 April 2021, they have renamed the organization as "Capgemini Engineering", due to the merger with Capgemini's Engineering and R&D services.

<span class="mw-page-title-main">Rockwell Automation</span> American industrial automation provider

Rockwell Automation, Inc. is an American provider of industrial automation whose brands include Allen-Bradley, FactoryTalk software and LifecycleIQ Services.

<span class="mw-page-title-main">Rexel</span>

Rexel is a French company specializing in the distribution of electrical, heating, lighting and plumbing equipment, but also in renewable energies and energy efficiency products and services. Founded in 1967, Rexel has broadened its scope of activity over the years. Today, its offer combines a wide range of equipment and services in the field of automation, technical expertise, energy management, lighting, security, climatic engineering, communication, home automation and renewable energies.

KUKA is a German manufacturer of industrial robots and systems for factory automation. The Chinese company Midea Group owns more than 95% of the company.

As the US Motors and Generators Business Unit of ABB, ABB Motors and Mechanical Inc. markets, designs, manufactures, and provides service for industrial electric motors, generators and mechanical power transmission products. This business was formerly known as Baldor Electric Company until its company name was merged into ABB on March 1, 2018.

<span class="mw-page-title-main">Swiss Life</span>

The Swiss Life Group is the largest life insurance company of Switzerland and one of Europe’s leading comprehensive life and pensions and financial services providers, with approximately CHF 276.3 bn of assets under management. Founded in 1857 in Zurich as the Schweizerische Lebensversicherungs und Rentenanstalt cooperative, the company entered the Swiss stock market in 1997 and adopted its current name in 2002. In 2022 the group declared an adjusted profit from operations of CHF 2.06 billion, a 17% decrease compared to the previous year. Net profit increased by 16% to CHF 1.46 billion. Swiss Life is one of the twenty companies listed under the Swiss Market Index, as SLHN.

<span class="mw-page-title-main">Peter Voser</span> Swiss businessman

Peter Robert Voser is a Swiss businessman, who is the chairman of the Swedish-Swiss company ABB. He was the CEO of the Dutch-British corporation Royal Dutch Shell from July 2009 to December 2013. He was interim CEO of ABB from April 2019 to February 2020. He started his career at Royal Dutch Shell in 1982, working in a number of finance and business roles in different countries. From 2002 to 2005 he was chief financial officer for ABB and Royal Dutch Shell. In 2004, he was appointed Royal Dutch Shell's chief financial officer (CFO) and then CEO in July 2009.

The following outline is provided as an overview of and topical guide to automation:

<span class="mw-page-title-main">Dinesh Paliwal</span> Indian American business executive and former CEO of Harman International

Dinesh C. Paliwal is an Indian American business executive. He is a Partner at Kohlberg Kravis Roberts (KKR) and also serves as Executive Chairman of Marelli. He was the Chairman and chief executive officer (CEO) of Harman International, a provider of audio and infotainment systems for the automotive, consumer, and professional markets, from 2007 to 2020.

<span class="mw-page-title-main">Ulrich Körner</span> German-Swiss business person (born 1962)

Ulrich Körner is a German-Swiss business person. In March 2021, he was named CEO Asset Management of Credit Suisse until July 2022, when he was appointed CEO of Credit Suisse AG.

<span class="mw-page-title-main">Tecan</span> Swiss laboratory instruments manufacturer

Tecan Group Ltd. is a Swiss company providing laboratory instruments and solutions in biopharmaceuticals, forensics, and clinical diagnostics for pharmaceutical and biotechnology companies, university research departments and diagnostic laboratories.

<span class="mw-page-title-main">James J. Kuffner Jr.</span> American roboticist

James J. Kuffner Jr. is an American roboticist and chief executive officer (CEO) of Woven Planet Holdings. Dr. Kuffner is also Chief Digital Officer and member of the Board of Directors of Toyota Motor Corporation. Kuffner continues to serve as an Adjunct Associate Professor at the Robotics Institute at Carnegie Mellon University and as Executive Advisor to Toyota Research Institute. Kuffner earned a Ph.D. from the Stanford University Dept. of Computer Science Robotics Laboratory in 1999.

The Holcim Group, legally known as Holcim Limited, is a Swiss-French multinational company that manufactures building materials. It has a presence in around 70 countries, and employs around 72,000 employees. Holcim operates four businesses segments: cement, aggregates, ready-mix concrete, and other products, including precast concrete, asphalt, mortar, and other building materials.

Kasper Rørsted is a Danish business executive who has been the CEO of German sportwear firm Adidas since 2016. On 22 August 2022, it was announced that he would hand over his role as CEO during the course of 2023.

A robot tax is a legislative strategy to disincentivize the replacement of workers by machines and bolster the social safety net for those who are displaced. While the automation of manual labour has been contemplated since before the industrial revolution, the issue has received increased discussion in the 21st century due to newer developments such as machine learning.

<span class="mw-page-title-main">GE Digital</span>

GE Digital is a subsidiary of the American multinational conglomerate corporation General Electric. Headquartered in San Ramon, California, the company provides software and industrial internet of things (IIoT) services to industrial companies.

Björn Rosengren is a Swedish business executive. He has been chief executive officer (CEO) of ABB since March 2020.

References

  1. "Schneider-Ammann überreicht ABB-Chef den Schweizer Pass". Tages-Anzeiger.
  2. "Wayback Machine has not archived that URL" (PDF). Retrieved 2023-04-06.
  3. Forbes profile
  4. "Ulrich Spiesshofer profile" (PDF). abb.com.
  5. "Spiesshofer Draws on Student Career Studies for ABB Job". Bloomberg.com. 26 June 2013.
  6. Bray, Chad (25 September 2017). "Swiss Firm ABB to Buy G.E.'s Industrial Solutions Business for $2.6 Billion". The New York Times.
  7. Members European Round Table of Industrialists.
  8. "ABB boss talks up musical talents of company's YuMi collaborative robot". Robotics & Automation News. 2018-03-09. Retrieved 2020-11-25.