WASHINGTON--(BUSINESS WIRE)--Business Roundtable, an association of chief executive officers of leading U.S. companies with nearly $6 trillion in annual revenues and more than 12 million employees, today announced that ABB Inc. USA CEO Enrique Santacana will serve as Vice Chair of the organization’s Sustainable Growth Initiative.

Santacana will serve alongside Initiative Chair Michael G. Morris, Chairman, President and CEO of American Electric Power. Together with Morris, Santacana will help lead Business Roundtable’s efforts to promote policies that can reduce carbon emissions and enhance U.S. energy security without undermining our nation’s fragile economic recovery.

“Business Roundtable was the first business organization to publicly commit to fighting climate change and maintains a well-deserved reputation as a leader on energy and environment issues,” said Santacana. “I look forward to working with Mike Morris and our fellow members to steer our nation towards greater sustainable growth and energy independence.”

“Enrique has more than three decades of experience working as a leader in the energy industry,” said Morris. “We are fortunate to have a CEO with such deep experience and dedication to the balanced, long-term vision of our Sustainable Growth Initiative. I welcome Enrique as our Vice Chair and look forward to working with him to address the serious energy and climate challenges facing our nation and the world.”

Business Roundtable is an association of chief executive officers of leading U.S. companies with nearly $6 trillion in annual revenues and more than 12 million employees. Member companies comprise nearly a third of the total value of the U.S. stock markets and pay more than 60 percent of all corporate income taxes paid to the federal government. Annually, they return more than $167 billion in dividends to shareholders and the economy.

Business Roundtable companies give more than $7 billion a year in combined charitable contributions, representing nearly 60 percent of total corporate giving. They are technology innovation leaders, with more than $111 billion in annual research and development spending – nearly half of all total private R&D spending in the U.S.

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Business Roundtable
Kirk Monroe, 202-496-3269