SDVKY Sandvik AB (PK)

--Sandvik Chief Executive Bjorn Rosengren is the top candidate to become ABB's new CEO, Bloomberg reports, citing unnamed sources.

--ABB hasn't made a final decision yet but the position could be confirmed in the coming weeks, Bloomberg says.

--Rosengren would take over from Chairman Peter Voser, who has been serving as ABB's interim CEO since the previous incumbent Ulrich Spiesshofer stepped down in April after pressure from investors.

Full story: https://bloom.bg/2YvolzQ

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(END) Dow Jones Newswires

July 30, 2019 01:45 ET (05:45 GMT)

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