ABB announced that the Board of Directors will propose Johan Forssell and Mats Rahmström as new members for election at the company?s Annual General Meeting (AGM) on March 21, 2024. They will replace Jacob Wallenberg and Gunnar Brock who have decided not to stand for re-election. Jacob Wallenberg has been Vice-Chairman of the Board of Directors since 2015 and a non-executive member since 1999.

He is a member of the Governance and Nomination Committee. Gunnar Brock joined ABB?s board in 2018 and is a member of the Finance, Audit and Compliance Committee.