Industry News

  • Eaton Reorganizes Businesses into Electrical and Industrial Sectors

Diversified industrial manufacturer Eaton Corporation announced that as of February 1, Eaton’s businesses were reorganized into two sectors -- Electrical and Industrial – with a vice chairman and chief operating officer for each sector.

 

Eaton Chairman and Chief Executive Officer Alexander M. Cutler said that Thomas S. Gross, 54, has been named vice chairman and chief operating officer – Electrical Sector.  Gross will succeed Randy W. Carson, 58, chief executive officer – Electrical Group, who has announced his decision to retire at the end of April.  Craig Arnold, 48, has been named vice chairman and chief operating officer – Industrial Sector, which is being formed by combining Eaton’s Aerospace, Automotive, Hydraulics and Truck businesses.  

 

“As the company grows, we need to develop our organizational structure to help accelerate growth, identify synergies, drive common practices and build broad, global capability,” Cutler said.

 

Eaton Corporation is a diversified power management company with 2008 sales of $15.4 billion.  Eaton is a global technology leader in electrical components and systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety.  Eaton has approximately 75,000 employees and sells products to customers in more than 150 countries. 

 

For more information, visit www.eaton.com.

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