---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-002654"
form_type: "8-K"
ticker: "ETN"
cik: "0001551182"
company_name: "Eaton Corp plc"
filed_at: "2024-01-18T23:59:59+00:00"
generated_at: "2026-06-06T21:54:45.388873+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Eaton appoints Olivier Leonetti as CFO; expects strong Q4 and FY2023 results

## Summary
- CFO Thomas Okray to depart Feb 2, 2024 for personal reasons; no severance, forfeits unvested equity.
- Board member Olivier Leonetti appointed EVP & CFO effective Feb 5, 2024; base salary $890k, target bonus 100%, LTI grants.
- Leonetti receives replacement equity for Johnson Controls unvested awards: est. 8,375 RSUs and 34,900 stock options.
- Company expects strong Q4 and full-year 2023 results; details to be provided on next earnings call.
- Okray's departure mutually agreed; no disagreement over financial reporting or practices.

## SEC filing metadata
- accession: 0001140361-24-002654
- form_type: 8-K
- ticker: ETN
- cik: 0001551182
- company_name: Eaton Corp plc
- filed_at: 2024-01-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1551182/000114036124002654/0001140361-24-002654-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1551182/000114036124002654/ef20019016_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-002654
- JSON: https://secwatch.observer/filing/0001140361-24-002654.json
- Plain text: https://secwatch.observer/filing/0001140361-24-002654.txt

## Key facts
- Executive change
  Olivier Leonetti was appointed as Executive Vice President and Chief Financial Officer at Eaton Corp plc.
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: Olivier Leonetti will succeed Mr. Okray as Executive Vice President and Chief Financial Officer on February 5, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1551182/000114036124002654/0001140361-24-002654-index.htm
- Executive change
  Olivier Leonetti resigned as Director at Eaton Corp plc.
  - Action: resigned
  - Role: Director
  source text: Mr. Leonetti, 59, has served on Eaton’s Board of Directors since 2019 and, on January 17, 2024 tendered his resignation, effective February 2 , 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1551182/000114036124002654/0001140361-24-002654-index.htm
- Executive change
  Thomas B. Okray departed as Executive Vice President and Chief Financial Officer at Eaton Corp plc.
  - Action: mutually agreed to end employment
  - Role: Executive Vice President and Chief Financial Officer
  source text: On January 11, 2024 , Eaton Corporation (the “Company”) and Thomas B. Okray, Executive Vice President and Chief Financial Officer mutually agreed that effective February 2, 2024, Mr. Okray’s employment with the Company will end.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1551182/000114036124002654/0001140361-24-002654-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.