Eric Elzvik - ABB CFO

ABBDelisted Stock  USD 39.00  0.02  0.05%   

CFO

Mr. Eric Elzvik no longer serves as Member of the Executive Committee and Chief Financial Officer of Abb Ltd effective as of April 1, 2017. He has held this position since February 1, 2013. He has served at the Company since 1984, and previously was Chief Financial Officer of the Companys Discrete Automation and Motion division from 2010 and Chief Financial Officer for the Automation Products division from 2006. He has held a number of managing positions in Sweden, Singapore and Switzerland, including Head of Corporationrationrate Development, Mergers and Acquisitions and Joint Ventures. He holds a degree in Business Administration and International Finance from Handelshogskolan i Stockholm. since 2013.
Age 55
Tenure 11 years
Phone41 43 317 71 11
Webhttps://global.abb/group/en

ABB Management Efficiency

The company has Return on Asset of 0.061 % which means that on every $100 spent on assets, it made $0.061 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2297 %, implying that it generated $0.2297 on every 100 dollars invested. ABB's management efficiency ratios could be used to measure how well ABB manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 8.55 B in debt with debt to equity (D/E) ratio of 0.73, which is OK given its current industry classification. ABB Ltd ADR has a current ratio of 1.02, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Debt can assist ABB until it has trouble settling it off, either with new capital or with free cash flow. So, ABB's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ABB Ltd ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ABB to invest in growth at high rates of return. When we think about ABB's use of debt, we should always consider it together with cash and equity.

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ABB Ltd engages in manufacture and sale of electrification, automation, robotics, and motion products for customers in utilities, industry and transport, and infrastructure in Switzerland and internationally. The company was founded in 1883 and is headquartered in Zurich, Switzerland. Abb operates under Electrical Equipment Parts classification in the United States and is traded on New York Stock Exchange. It employs 106380 people. ABB Ltd ADR (ABB) is traded on New York Stock Exchange in USA and employs 106,170 people.

Management Performance

ABB Ltd ADR Leadership Team

Elected by the shareholders, the ABB's board of directors comprises two types of representatives: ABB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ABB. The board's role is to monitor ABB's management team and ensure that shareholders' interests are well served. ABB's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ABB's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tarak Mehta, President of Electrification Products Division, Member of the Group Executive Committee
Frederico Curado, Non-Executive Member of the Board of Directors
Guido Jouret, Chief Digital Officer
Morten Wierod, Managing Director - Business Unit Drives and Member of the Executive Committee
AnnSofie Nordh, Group Relations
Jennifer Li, Non-Executive Independent Director
Sylvia Hill, Chief Human Resources Officer and Member of the Executive Committee
Maria Varsellona, Group General Counsel, Member of the Executive Committee, Company Secretary
VeliMatti Reinikkala, Member of the Executive Board and President of the Europe region
Claudio Facchin, President of Power Grids Division, Member of the Group Executive Committee
Diane Saint, Member of the Executive Committee, General Counsel
David Constable, Non-Executive Member of the Board of Directors
Gunnar Brock, Non-Executive Independent Director
Geraldine Matchett, Non-Executive Independent Director
Bernhard Jucker, Head of Power Products Division
Ulrich Spiesshofer, CEO
Bjorn Rosengren, Chief Executive Officer, Member of the Executive Committee
Carolina Granat, Chief Human Resource Officer, Member of the Executive Board
Matti Alahuhta, Non-Executive Independent Director
Eric Elzvik, CFO
Roger Agnelli, Non-Executive Member of the Board of Directors
Frederico Fleurycurado, Non-Executive Independent Director
Peter Terwiesch, President of Industrial Automation Division, Member of the Group Executive Committee
Timo Ihamuotila, Chief Financial Officer, Member of the Group Executive Committee
Lars Forberg, Non-Executive Independent Director
Sami Atiya, Member of the Executive Committee and Presidentident of the Discrete Automation and Motion (DM) division
Diane Victor, General Counsel & Company Secretary, Member of the Group Executive Committee
Frank Duggan, President of Region Europe, Member of the Group Executive Committee
Christoph Sieder, Head of Group Corporate Communications
Chunyuan Gu, President of the Asia, Middle East and Africa Region, Member of the Group Executive Committee
Jacob Wallenberg, Non-Executive Independent Vice Chairman of the Board
Greg Scheu, President of Region Americas, Head of Group Service, Business Integration, Member of the Group Executive Committee
David Meline, Non-Executive Member of the Board of Directors
Theodor Swedjemark, Chief Communications and Sustainability Officer, Member of the Executive Committee
Ying Yeh, Non-Executive Member of the Board of Directors
Alec Joannou, Chief Officer
Michael Isaac, Global Head of Corporate Media Relations
Alanna Abrahamson, Head of Investor Relations
Pekka Tiitinen, Head of Group Marketing and Sales
Satish Pai, Non-Executive Member of the Board of Directors
JeanChristophe Deslarzes, Chief Human Resources Officer and Member of the Executive Committee
Peter Voser, Chairman of the Board, Interim Chief Executive Officer
Louis Hughes, Non-Executive Member of the Board of Directors
Andrea Antonelli, G Sec
Jessica Mitchell, Head - Investor Relations
Michel Rosen, Non-Executive Member of the Board of Directors

ABB Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ABB a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ABB in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ABB's short interest history, or implied volatility extrapolated from ABB options trading.

Pair Trading with ABB

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ABB position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ABB will appreciate offsetting losses from the drop in the long position's value.

Moving together with ABB Stock

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Moving against ABB Stock

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The ability to find closely correlated positions to ABB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ABB when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ABB - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ABB Ltd ADR to buy it.
The correlation of ABB is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ABB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ABB Ltd ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ABB can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the ABB Ltd ADR information on this page should be used as a complementary analysis to other ABB's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Other Consideration for investing in ABB Stock

If you are still planning to invest in ABB Ltd ADR check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ABB's history and understand the potential risks before investing.
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