Morten Wierod

Morten Wierod is a Norwegian engineer who became CEO of ABB Ltd in August 2024, taking the helm of one of the world's largest electrification and automation companies. He joined ABB in 1998 and spent over two decades rising through the organization, with deep expertise in power electronics, electrification products, and industrial automation. Before becoming CEO, he led ABB's Electrification business — the company's largest and most profitable segment — where he drove strong margin expansion and organic growth. Wierod's leadership comes at a pivotal moment for ABB. The global push for electrification, decarbonization, and smart infrastructure has placed ABB at the center of secular growth trends spanning data centers, EV charging, renewable energy integration, and building automation. His strategic priorities include expanding ABB's software and digital offerings, strengthening the company's position in high-growth markets, and continuing the lean operational model established by his predecessor. His decisions on capital allocation between ABB's four divisions (Electrification, Motion, Process Automation, and Robotics & Discrete Automation), pricing strategy in an inflationary environment, and the pace of M&A activity are the key variables investors watch. ABB India, listed separately on the Indian market, benefits directly from ABB's global technology platform while serving India's massive infrastructure buildout.