Andre Schulten
On October 22, 2024, the Board of Directors (the “Board”) of Eaton Corporation plc (the “Company”) increased its size from eleven to twelve members and elected Andre Schulten to fill the resulting vacancy, effective immediately.
Highest-materiality recent filing
Eaton Q1 beats: Record sales $7.5B, adj EPS $2.81; FY organic growth guidance raised to 10%
Quarterly sales $7.5B (+17% YoY); organic growth 10% above guidance; adj EPS $2.81 record; GAAP EPS $2.22.
Eaton shareholders elect all 11 directors and approve executive compensation at AGM
All 11 director nominees elected; votes for ranged from 286M to 304M of shares voted.
Eaton closes $8.5B U.S. and €1.2B Euro note issuance; ends $8B term loan
Issued $8.5B U.S. notes in six tranches (3.850%-5.450%), maturities 2028-2056; net proceeds ~$8,436.5M.
Eaton appoints David Foster as EVP and CFO effective March 2, 2026
David Foster named CFO, succeeding Olivier Leonetti who departs March 13, 2026.
Eaton sets 2026 executive bonus metrics: EBITDA, cash flow, organic growth
Committee selected Adjusted EBITDA, Adjusted Operating Cash Flow, and Organic Growth as 2026 metrics.
Eaton increases revolver to $4B and adds $8B term loan facility due Dec 31, 2026
Total revolving credit commitments increased from $3B to $4B via Commitment Increase Agreement dated Feb 6, 2026.
Eaton Q4 record adj. EPS $3.33, revenue $7.1B; guides FY2026 adj. EPS $13.00-$13.50
Record Q4 adj. EPS $3.33 (+18% YoY), GAAP EPS $2.91 (+19%); revenue $7.1B (+13%).
Eaton to spin off Mobility Group into independent public company by Q1 2027
Spin-off of Vehicle and eMobility segments as standalone publicly traded company.
Eaton CFO Leonetti to receive 2.0x salary plus target incentive on departure
Olivier Leonetti will depart as CFO on April 1, 2026; separation agreement signed Dec 12, 2025.
Eaton CFO Olivier Leonetti to depart April 1, 2026; search underway
Olivier Leonetti, EVP and CFO, will leave Eaton on April 1, 2026, as part of a planned transition.
Eaton reports record Q3 2025 adjusted EPS of $3.07, sales up 10% to $7.0B
Record segment margins of 25.0%, up 70 bps YoY; operating cash flow of $1.4B.
Eaton enters $3B revolving credit facility, upsizing from $2.5B; terminates 364-day facility
New $3B 5-year revolving credit agreement replaces existing $2.5B facility; maturity extendable by one year upon lender consent.
Eaton posts record Q2 adjusted EPS $2.95, sales $7.0B; raises FY2025 guidance
Q2 GAAP EPS $2.51 (record, +1% YoY); adjusted EPS $2.95 (record, +8% YoY).
Eaton elects Gerald Johnson to board of directors, expanding board to 12 members
Gerald Johnson, retired EVP Global Manufacturing & Sustainability at General Motors, elected effective July 23, 2025.
Eaton EVP & CHRO Ernest Marshall to depart effective Sept 30, 2025
Ernest Marshall, Executive VP and Chief HR Officer, will leave Eaton on September 30, 2025.
Eaton issues €500M 3.625% notes due 2035 and $500M 4.450% notes due 2030
Eaton Capital closed sale of €500M 3.625% senior notes due 2035 and $500M 4.450% senior notes due 2030.
Eaton Q1 record EPS $2.45 (+20%); raises FY organic growth guidance to 7.5-9.5%
GAAP EPS $2.45 (20% YoY), adjusted EPS $2.72 (13% YoY); revenue $6.4B record, +7% YoY.
Eaton shareholders elect all 12 director nominees and approve all six proposals at AGM
Directors elected with large majorities; Gregory R. Page received 19.5M against and Gerald B. Smith 16.2M against.
Eaton sets 2025 incentive compensation criteria; target PSUs range 2,480-19,375
Committee established 2025 corporate performance criteria based on Adjusted EPS and Adjusted Operating Cash Flow metrics.
Eaton reports record Q4 2024 results with adjusted EPS $2.83, up 11%, and issues 2025 guidance
Q4 2024 adjusted EPS $2.83, record, up 11% YoY; GAAP EPS $2.45, up 4% YoY
Eaton Q3 adjusted EPS $2.84 (+15% YoY); record revenue; raises FY guidance
Record Q3 revenue $6.3B (+8% organic); segment margins 24.3%, up 70 bps YoY.
Eaton elects P&G CFO Andre Schulten to Board of Directors, effective Oct 22, 2024
Board expanded from 11 to 12 members; Schulten elected immediately on Oct 22, 2024.
Eaton names Paulo Ruiz President/COO, to succeed Arnold as CEO June 2025
Ruiz appointed President/COO effective Sept 2, 2024, and elected to the board.
Eaton reports record Q2 EPS $2.48 (adj $2.73); raises FY organic, margin, EPS guidance
EPS $2.48 (+33% YoY); adjusted EPS $2.73 (+24% YoY); revenue $6.4B (+8%, organic +9%).
Eaton elects Karenann Terrell to Board of Directors effective July 24, 2024
Board expanded from nine to ten members; Terrell elected effective July 24, 2024.
On October 22, 2024, the Board of Directors (the “Board”) of Eaton Corporation plc (the “Company”) increased its size from eleven to twelve members and elected Andre Schulten to fill the resulting vacancy, effective immediately.
the Board of Directors of Eaton Corporation plc (the “Company”) expanded its size to eleven members and elected Paulo Ruiz to the Board, effective September 2, 2024.
On August 12, 2024 it was announced that Mr. Ruiz will succeed Mr. Arnold as Chief Executive Officer of Eaton on June 1, 2025 after Mr. Arnold reaches mandatory retirement age.
Mr. Ruiz was also appointed President and Chief Operating Officer of Eaton Corporation, a subsidiary of the Company (“Eaton”), effective the same date.
On August 12, 2024 it was announced that Mr. Ruiz will succeed Mr. Arnold as Chief Executive Officer of Eaton on June 1, 2025 after Mr. Arnold reaches mandatory retirement age.
On July 24, 2024, the Board of Directors (the “Board”) of Eaton Corporation plc (the “Company”) increased its size from nine to ten members and elected Karenann Terrell to fill the resulting vacancy, effective immediately.
Max materiality 0.95 · Median 0.65 · Most common event earnings