Eaton Management

Management criteria checks 2/4

Eaton's CEO is Craig Arnold, appointed in Jun 2016, has a tenure of 8.42 years. total yearly compensation is $20.49M, comprised of 7% salary and 93% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth €178.53M. The average tenure of the management team and the board of directors is 3.9 years and 5 years respectively.

Key information

Craig Arnold

Chief executive officer

US$20.5m

Total compensation

CEO salary percentage	7.0%
CEO tenure	8.4yrs
CEO ownership	0.1%
Management average tenure	3.9yrs
Board average tenure	5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Craig Arnold's remuneration changed compared to Eaton's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$4b
Jun 30 2024	n/a	n/a	US$4b
Mar 31 2024	n/a	n/a	US$3b
Dec 31 2023	US$20m	US$1m	US$3b
Sep 30 2023	n/a	n/a	US$3b
Jun 30 2023	n/a	n/a	US$3b
Mar 31 2023	n/a	n/a	US$3b
Dec 31 2022	US$14m	US$1m	US$2b
Sep 30 2022	n/a	n/a	US$2b
Jun 30 2022	n/a	n/a	US$2b
Mar 31 2022	n/a	n/a	US$2b
Dec 31 2021	US$19m	US$1m	US$2b
Sep 30 2021	n/a	n/a	US$2b
Jun 30 2021	n/a	n/a	US$2b
Mar 31 2021	n/a	n/a	US$1b
Dec 31 2020	US$17m	US$1m	US$1b
Sep 30 2020	n/a	n/a	US$1b
Jun 30 2020	n/a	n/a	US$2b
Mar 31 2020	n/a	n/a	US$2b
Dec 31 2019	US$20m	US$1m	US$2b
Sep 30 2019	n/a	n/a	US$2b
Jun 30 2019	n/a	n/a	US$2b
Mar 31 2019	n/a	n/a	US$2b
Dec 31 2018	US$15m	US$1m	US$2b
Sep 30 2018	n/a	n/a	US$2b
Jun 30 2018	n/a	n/a	US$3b
Mar 31 2018	n/a	n/a	US$3b
Dec 31 2017	US$15m	US$944k	US$3b

Compensation vs Market: Craig's total compensation ($USD20.49M) is above average for companies of similar size in the German market ($USD4.86M).

Compensation vs Earnings: Craig's compensation has increased by more than 20% in the past year.

CEO

Craig Arnold (64 yo)

8.4yrs

Tenure

US$20,493,989

Compensation

Mr. Craig Arnold has been the Chief Executive Officer and Chairman of Eaton Corporation plc since June 1, 2016 and Chief Executive Officer at Eaton Corporation plc since June 01, 2016. He serves as a Lead...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Craig Arnold	Chairman & CEO	8.4yrs	US$20.49m	0.13% € 178.5m
Paulo Sternadt	President	less than a year	US$3.87m	0.0046% € 6.4m
Olivier Leonetti	Executive VP & CFO	less than a year	US$342.23k	0.00016% € 222.9k
Ernest Marshall	Executive VP & Chief Human Resources Officer	6.3yrs	US$3.32m	0.0083% € 11.5m
Heath Monesmith	President & COO of Electrical Sector	7.7yrs	US$4.86m	0.019% € 26.6m
Adam Wadecki	Senior VP	less than a year	no data	0.00017% € 236.8k
Raja Macha	Executive VP & CTO	3.9yrs	no data	no data
Katrina Redmond	Executive VP & Chief Information Officer	3.8yrs	no data	no data
Yan Jin	Senior Vice President of Investor Relations	5.7yrs	no data	no data
Taras Szmagala	Executive VP & Chief Legal Officer	2.4yrs	no data	0.0025% € 3.5m
Joseph Rodgers	Senior Vice President of Global Ethics & Compliance	no data	no data	no data
Jimmy Yam	Vice President of Sales	no data	no data	no data

3.9yrs

Average Tenure

57yo

Average Age

Experienced Management: 3EC's management team is considered experienced (3.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Craig Arnold	Chairman & CEO	9.2yrs	US$20.49m	0.13% € 178.5m
Paulo Sternadt	President	less than a year	US$3.87m	0.0046% € 6.4m
Gerald Smith	Independent Director	12yrs	US$372.23k	0.00066% € 919.3k
Gregory Page	Lead Independent Director	21.6yrs	US$402.69k	0.013% € 18.1m
Lori Ryerkerk	Independent Director	4.6yrs	US$357.23k	0.00035% € 487.5k
Sandra Pianalto	Independent Director	10.3yrs	US$362.23k	0.00040% € 557.2k
Karenann Terrell	Director	less than a year	no data	0.00013% € 181.1k
Robert Pragada	Independent Director	3.6yrs	US$327.23k	0.00020% € 278.6k
Dorothy Thompson	Independent Director	8.3yrs	US$362.23k	0.00076% € 1.1m
Silvio Napoli	Independent Director	5.3yrs	US$347.23k	0.00029% € 403.9k
Darryl Wilson	Independent Director	3.6yrs	US$342.23k	0.00023% € 320.4k
Andre Schulten	Director	less than a year	no data	no data

5.0yrs

Average Tenure

61.5yo

Average Age

Experienced Board: 3EC's board of directors are considered experienced (5 years average tenure).

Eaton Management

Management criteria checks 2/4

Key information

Recent management updates

Eaton Corporation plc Announces Executive Changes

Lead Independent Director recently sold €1.2m worth of stock

Eaton Corporation plc Elects Andre Schulten to the Board of Directors

Eaton Corporation plc Names A.D. Naik as Senior Vice President, FP &A and Finance Transformation, Effective October 23, 2024

Eaton Corporation plc Announces Chief Executive Officer Changes

Eaton Announces the Election of Karenann Terrell to its Board of Directors

Recent updates

Eaton Launches Energy Storage System to Accelerate Decarbonization and Electrification for Commercial and Industrial Customers Across North America

Eaton Corporation plc Announces Executive Changes

Lead Independent Director recently sold €1.2m worth of stock

Third quarter 2024 earnings released: EPS: US$2.54 (vs US$2.23 in 3Q 2023)

Eaton Corporation plc Raises Earnings Guidance for the Full Year 2024

Second quarter dividend of US$0.94 announced

Eaton Declares Quarterly Dividend, Payable November 22, 2024

Eaton Corporation plc Elects Andre Schulten to the Board of Directors

Eaton Corporation plc Names A.D. Naik as Senior Vice President, FP &A and Finance Transformation, Effective October 23, 2024

Eaton Corporation plc to Report Q3, 2024 Results on Oct 31, 2024

Eaton Introduces Aftermarket Endurant Automated Manual Transmission Clutch and Flywheel Kits

Now 21% overvalued

Eaton to Showcase Innovative Aftermarket Solutions for Growing Electrified Vehicle Market at Automechanika Frankfurt

Eaton Corporation plc Announces Chief Executive Officer Changes

Now 23% overvalued

Second quarter 2024 earnings released: EPS: US$2.49 (vs US$1.87 in 2Q 2023)

Eaton Corporation plc Provides Earnings Guidance for the Third Quarter and Full Year 2024

First quarter dividend of US$0.94 announced

Eaton Announces the Election of Karenann Terrell to its Board of Directors

Eaton Names Tiffany Hanisch Senior Vice President, Internal Audit Effective July 22, 2024

Eaton Corporation plc to Report Q2, 2024 Results on Aug 01, 2024

Eaton Introduces 48-Volt DC/DC Converter Designed for Harsh Environments

First quarter 2024 earnings released: EPS: US$2.05 (vs US$1.60 in 1Q 2023)

Insufficient new directors

Eaton Corporation plc Provides Earnings Guidance for the Second Quarter and Full Year 2024

Fourth quarter dividend of US$0.94 announced

Eaton Corporation plc Declares Quarterly Dividend, Payable May 24, 2024

Eaton Corporation plc to Report Q1, 2024 Results on Apr 30, 2024

Eaton Completes First-Of-Its-Kind Clean Energy Project in Puerto Rico to Power Manufacturing and Support the Regional Power Grid

Eaton Corporation plc, Annual General Meeting, Apr 24, 2024

Eaton Introduces Next-Generation Fuel Tank Isolation Valve for Hybrid Electric Vehicles

Executive VP & Chief Legal Officer recently sold €1.0m worth of stock

Fourth quarter dividend of US$0.94 announced

Full year 2023 earnings released: EPS: US$8.06 (vs US$6.18 in FY 2022)

Eaton Increases Quarterly Dividend, Payable on March 29, 2024

Executive VP recently sold €1.1m worth of stock

Full year 2023 earnings released: EPS: US$8.06 (vs US$6.18 in FY 2022)

Eaton Corporation plc Announces Board Changes

Eaton's Mobility Group Adds Its Advantage® Series Clutch to Its Remanufactured Product Portfolio

Eaton Announces Executive Changes for Aerospace Group

Eaton Corporation plc Provides Earnings Guidance for the Fourth Quarter and Full Year of 2023

Third quarter 2023 earnings released: EPS: US$2.23 (vs US$1.52 in 3Q 2022)

Eaton Corporation plc Declares Quarterly Dividend Payable November 24, 2023

Eaton Corporation plc to Report Q3, 2023 Results on Oct 31, 2023

Eaton Announces Executive Changes

Eaton Announces its Power Connections Business Offers Stamped Battery Terminals for Both Electrified and Internal Combustion Passenger Vehicles and On- and Off-Highway Commercial Vehicles

New minor risk - Insider selling

President & COO of Electrical Sector recently sold €2.0m worth of stock

Second quarter 2023 earnings released: EPS: US$1.87 (vs US$1.51 in 2Q 2022)

Eaton Unveils Industry-First Approach to Simplify and Accelerate Fleet EV Charging, Reducing Installation Time by 40%

Eaton Declares Quarterly Dividend, Payable August 25, 2023

Eaton Corporation plc Launches Smart Ambient Monitoring API; New Application of Smart Breaker Data to Inform Caregiving in Congregate and Remote Healthcare Environments

Eaton’s eMobility Business Receives a Grant From State of Michigan to Invest in Three of its Sites Within the State

Executive VP & Chief Legal Officer recently sold €343k worth of stock

Eaton IntelliConnect now collecting, analyzing Cummins engine fault codes

Eaton’s Power Connections Employing Innovative Sealed High-Power Lock Box Connectors

First quarter 2023 earnings released: EPS: US$1.60 (vs US$1.33 in 1Q 2022)

Executive VP & Chief Legal Officer recently sold €236k worth of stock

Insider recently sold €317k worth of stock

Full year 2022 earnings released: EPS: US$6.18 (vs US$5.38 in FY 2021)

Eaton Corporation plc Provides Earnings Guidance for Three Months Ended March 31, 2023 and Year Ended December 31, 2023

Eaton Corporation plc to Report Q4, 2022 Results on Feb 08, 2023

Eaton Corporation plc Announces Executive Changes, Effective April 1, 2023

Executive VP & CFO recently sold €1.1m worth of stock

Eaton Introduces New TVS® X3100 Supercharger Rotating Group Exclusively for Aftermarket Applications

Upcoming dividend of US$0.81 per share

Third quarter 2022 earnings released: EPS: US$1.52 (vs US$1.58 in 3Q 2021)

Eaton Corporation plc Announces Earnings Guidance for Three Months and Full Year Ending December 31, 2022

Eaton Corporation plc Announces Deborah L. McCoy Informs the Chairman of the Board of Directors of Her Intention Not to Stand for Reelection