ZURICH, Switzerland, Oct 20, 2025 – ABB has announced Christian Nilsson as chief financial officer (CFO) and member of the executive committee, effective Feb. 1, 2026. He will succeed Timo Ihamuotila, who has decided to step down from the executive committee and leave ABB at the end of 2026.
ABB CEO Morten Wierod said: “Timo has played a key role in ABB’s transformation to a more focused and better performing company over the past years and has ensured our finance function can best serve our business in a decentralized organization. On behalf of the Executive Committee, I would like to thank him for his outstanding contribution to the success of our company and wish him all the best for both his professional and personal future endeavors. At the same time, I am pleased to welcome Christian to our Executive Committee as we continue to focus on our leading positions in Electrification and Automation.”
Timo Ihamuotila added: “After joining ABB more than 8 years ago, it is time for me to do something different and focus on non-operational activities. I am very proud to have been a part of ABB’s successful transformation over the past years and would like to thank our Executive Committee, our Board of Directors and my colleagues across ABB for the trust and excellent partnership.”
Christian Nilsson commented: “It is a privilege to be taking over this new position building on my CFO experience in ABB’s Electrification business area in line with our well established decentralized operating model. Our priorities remain unchanged and clear, and I look forward to contributing to ABB’s continued success as we capitalize on our leading market positions and cutting-edge technology.”
Christian Nilsson, 50, joined ABB in 2017 as CFO of its electrification business area. He has worked across the United States, Asia and Europe. Prior to ABB, Nilsson served as CFO for business units at DSM-Firmenich in Switzerland and TE Connectivity in China. Earlier in his career, he spent more than 10 years at GE. Christian holds an MBA in International Finance from the European University Brussels and a Bachelor’s degree in Accounting and Finance from Luther College, Iowa. Christian is a Swedish citizen.
Source: ABB
About ABB
ABB is a global technology company specializing in electrification and automation, with headquarters in Zürich, Switzerland, and Västerås, Sweden. Formed in 1988 through the merger of Sweden’s ASEA and Switzerland’s Brown, Boveri & Cie, the company traces its roots to 1883. ABB operates in more than 100 countries and serves industries including utilities, transportation, infrastructure, and manufacturing. Its portfolio includes robotics, industrial automation, electrification products, and motion solutions. In 2024, ABB reported about $33B in revenue and employed roughly 110,000 people worldwide.