ABB appoints Christian Nilsson as new CFO succeeding Timo Ihamuotila

Christian Nilsson has been appointed as the new Chief Financial Officer (CFO) of ABB, effective February 1, 2026. He will take over from Timo Ihamuotila, who steps down from the Executive Committee and will leave the company at the end of 2026 to ensure a seamless transition.
Leadership Transition at ABB
Nilsson, 50, brings significant experience from his role as CFO of ABB’s Electrification business. With a career spanning across the United States, Asia, and Europe, he has held leadership roles at DSM-Firmenich in Switzerland and TE Connectivity in China. Nilsson’s educational background includes an MBA in International Finance and a Bachelor’s in Accounting and Finance.
CEO and Outgoing CFO Statements
- CEO Morten Wierod expressed appreciation for Ihamuotila’s contributions to ABB’s transformation.
- Ihamuotila reflected on his eight years at ABB and expressed readiness for new non-operational pursuits.
- Nilsson looks forward to maintaining ABB’s market positions and leveraging its technology advancements.
Executive Committee Composition
Starting February 1, 2026, ABB’s Executive Committee will include:
Role | Name |
---|---|
Chief Executive Officer | Morten Wierod |
Chief Financial Officer | Christian Nilsson |
Chief Human Resources Officer | Carolina Granat |
Chief Communications and Sustainability Officer | Karin Lepasoon |
General Counsel and Company Secretary | Mathias Gaertner |
President Electrification Business Area | Giampiero Frisio |
President Motion Business Area | Brandon Spencer |
President Process Automation Business Area | Peter Terwiesch |
About ABB
ABB is a global leader in electrification and automation, striving for a sustainable future. Its innovative solutions promote efficiency and sustainability across industries. The company, with more than 140 years of history and approximately 110,000 employees, is listed on both the SIX Swiss Exchange and Nasdaq Stockholm.