EATON PLC (ETN)
Sector: Industrials
Sector: Industrials
EATON PLC - Executive Compensation
Former Chairman and Chief Executive Officer
Executive Compensation
C. Arnold, also known as Craig Arnold, is the Chairman and Chief Executive Officer of Eaton Corporation plc, a global power management company. Born in 1960, Arnold holds a Bachelor of Science degree in Mechanical Engineering from Worcester Polytechnic Institute and an MBA from the University of Chicago's Booth School of Business. Before joining Eaton, he spent over two decades at General Electric, where he held various leadership positions, including President and CEO of GE's Industrial Automation Systems business. Arnold joined Eaton in 2000 as President of Eaton's Fluid Power Group and was later promoted to Senior Vice President in 2005. In 2006, he became the company's Chief Operating Officer and President, and in 2010, he was appointed as CEO. Under his leadership, Eaton has grown significantly, both organically and through strategic acquisitions. Notable achievements during his tenure include the acquisition of Cooper Industries in 2012, which expanded Eaton's electrical business, and the spinoff of Eaton's hydraulics business in 2021 to focus on electrical, aerospace, and vehicle sectors. As Chairman and CEO, Arnold has been instrumental in driving Eaton's commitment to innovation, sustainability, and intelligent power management solutions. He has led the company's efforts to develop and promote energy-efficient products and services that help customers manage power more effectively and reduce their carbon footprint. Under his guidance, Eaton has also made significant investments in research and development, positioning the company as a leader in the global power management industry. Arnold's strategic vision and leadership have been key factors in Eaton's success and its ability to adapt to the evolving needs of its customers and the market.