New Chief Executive at ABB

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Fred Kindle was chosen to become the next chief executive officer of Zurich-based ABB Group, where he will replace J?rgen Dormann next year. Kindle, currently chief executive of Swiss-based technology company Sulzer AG, will join ABB on Sept. 1 and formally take over as CEO in January 2005. CEO since September 2002, Dormann will revert to the single role of chairman in January.

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