ABB names Nokia executive Jouret first chief digital officer
- Wall Street ends down as Trump focuses on trade
- Aetna's (AET) Humana (HUM) Takeover Blocked by Judge as Anticompetative
- Trump signs order withdrawing U.S. from Trans-Pacific trade deal
- Qualcomm (QCOM) Thrashed as Apple (AAPL) Lawsuit Threatens Licensing Business Model
- McDonald's (MCD) Tops Q4 EPS by 3c
Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here.
ZURICH (Reuters) - ABB has appointed Guido Jouret as its first chief digital officer, a move designed to ramp up the Swiss power and automation company's efforts in digital technology and the internet of things.
Jouret will lead development and deployment of digital solutions for customers globally and across all businesses, ABB said in a statement on Monday.
Digital technology is becoming increasingly important to ABB, with roughly half of its annual sales from products that are digitally enabled. Jouret will report to Chief Executive Ulrich Spiesshofer when he takes up his role on Oct. 1.
Jouret, a U.S and Belgian citizen, has been chief technical officer at Nokia Technologies since April 2015. He had also worked at Cisco as general manager of the Internet of Things division, which aims to connect billions of devices to the internet across a wide range of industries.
His digitalization experience spans companies in utilities, industry and transport and infrastructure, ABB said.
"Guido Jouret is a proven leader in the digital revolution, with a solid track record in creating and growing new businesses as well as in the digital transformation of mature businesses," Spiesshofer said in a statement.
(Reporting by John Revilll Editing by Michael Shields)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Egyptian state TV airs video of murdered Italian student Regeni
- More Californians dreaming of a country without Trump: poll
- UK workers making clothes for high street brands on paltry wages: TV investigation
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!