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CEO, chief technology officer leaving ABB

ABB's CEO Joe Hogan has announced his decision to leave the company for private reasons. He joined the company as CEO in September 2008. He will continue to lead the company until a successor is announced.

Chief Technology Officer Prith Banerjee, who joined the company in 2012, also has announced he will leave the company for family reasons. He will be relocating to the U.S. and taking another position outside of the company.

ABB, based in Zurich, is a provider of power and automation technologies.