Note 11
Shareholdings of Board and Executive Committee

At December 31, 2018 and 2017, the members of the Board of Directors as of that date, held the following numbers of shares (or ADSs representing such shares):

Total number of shares held at December 31

Name

2018

2017

(1)

Includes 2,000 shares held by spouse.

(2)

First elected to the Board at the ABB Ltd AGM in 2018.

(3)

Louis R. Hughes and Ying Yeh left the Board at the end of the 2017/2018 term of office.

(4)

Includes 3,150 shares held by spouse.

Peter Voser(1)

201,076

151,166

Jacob Wallenberg

217,109

209,583

Matti Alahuhta

41,872

36,521

Gunnar Brock(2)

4,740

David Constable

20,650

14,797

Frederico Curado

12,391

7,439

Lars Förberg

19,774

6,494

Louis R. Hughes(3)

35,716

Jennifer Xin-Zhe Li(2)

2,454

Géraldine Matchett(2)

3,380

David Meline(4)

17,542

11,442

Satish Pai

12,998

7,889

Ying Yeh(3)

35,455

Total

553,986

516,502

At December 31, 2018, the members of the Executive Committee, as of that date, held the following number of shares (or ADSs representing such shares), the conditional rights to receive ABB shares under the LTIP and unvested shares in respect of other compensation arrangements.

 

 

 

Unvested at December 31, 2018

Name

Total number of shares held at December 31, 2018

 

Reference number of shares deliverable under the 2016 performance components (P1 and P2) of the LTIP(1)

Reference number of shares deliverable under the 2017 performance components (P1 and P2) of the LTIP(1)

Reference number of shares deliverable under the 2018 performance factor (EPS and TSR) of the LTIP(2)

Replacement share grant for foregone benefits from former employer(3)

 

 

 

(vesting 2019)

(vesting 2020)

(vesting 2021)

(vesting 2019 and 2020)

(1)

It is expected that upon vesting, the LTIP 2016 and 2017 will be settled 70 percent in shares and 30 percent in cash for the performance components (P1 and P2). However, participants have the possibility to elect to receive 100 percent of the vested award in shares.

(2)

It is expected that the LTIP 2018 will be settled 65 percent in shares and 35 percent in cash for the performance factors (EPS and TSR). However, the participants have the possibility to elect to receive 100 percent of the vested award in shares.

(3)

It is expected that the replacement share grant will be settled 70 percent in shares and 30 percent in cash. However, the participant has the possibility to elect to receive 100 percent of the vested award in shares.

Ulrich Spiesshofer

509,970

 

175,881

150,886

143,144

Timo Ihamuotila

22,000

 

41,000

37,217

119,200

Jean-Christophe Deslarzes

172,487

 

56,287

45,348

45,632

Diane de Saint Victor

569,132

 

47,745

40,109

40,454

Frank Duggan

224,941

 

48,028

34,984

31,756

Greg Scheu

146,130

 

43,144

32,775

25,390

Chunyuan Gu

28,722

 

25,799

31,196

33,981

Sami Atiya

 

37,693

34,735

23,301

Tarak Mehta

183,328

 

45,624

34,494

34,790

Claudio Facchin

131,987

 

47,722

39,076

26,214

Peter Terwiesch

92,811

 

44,969

37,147

37,379

Total Executive Committee members as of December 31, 2018

2,081,508

 

572,892

521,750

479,258

119,200

At December 31, 2017, the members of the Executive Committee, as of that date, held the following number of shares (or ADSs representing such shares), the conditional rights to receive ABB shares under the LTIP and unvested shares in respect of other compensation arrangements.

 

 

 

Unvested at December 31, 2017

Name

Total number of shares held at December 31, 2017

 

Reference number of shares deliverable under the 2015
performance components (P1 and P2) of the LTIP(1)

Reference number of shares deliverable under the 2016 performance components (P1 and P2) of the LTIP(1)

Reference number of shares deliverable under the 2017 performance components (P1 and P2) of the LTIP(1)

Replacement share grant for foregone benefits from former employer(2)

Replacement share grant for foregone benefits from former employer(2)

 

 

 

(vesting 2018)

(vesting 2019)

(vesting 2020)

(vesting 2018)

(vesting 2019 and 2020)

(1)

It is expected that upon vesting, the LTIP will be settled 70 percent in shares and 30 percent in cash for the performance components (P1 and P2). However, participants have the possibility to elect to receive 100 percent of the vested award in shares.

(2)

It is expected that the replacement share grants will be settled 70 percent in shares and 30 percent in cash. However, the participants have the possibility to elect to receive 100 percent of the vested award in shares.

Ulrich Spiesshofer

410,646

 

172,465

175,881

150,886

Timo Ihamuotila (EC member as of April 1, 2017)

22,000

 

41,000

119,200

Jean-Christophe Deslarzes

96,651

 

51,413

56,287

45,348

65,819

Diane de Saint Victor

533,482

 

45,873

47,745

40,109

Frank Duggan

186,576

 

46,390

48,028

34,984

Greg Scheu

119,561

 

45,896

43,144

32,775

Sami Atiya

 

37,693

34,735

Tarak Mehta

159,222

 

42,780

45,624

34,494

Chunyuan Gu (EC member as of July 1, 2017)

13,570

 

25,937

25,799

31,196

Claudio Facchin

85,553

 

42,845

47,722

39,076

Peter Terwiesch

63,269

 

36,698

44,969

37,147

Total Executive Committee
members as of December 31, 2017

1,690,530

 

510,297

572,892

521,750

65,819

119,200