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Saturday, November 21, 2009, 2:36PM ET - U.S. Markets Closed. Dow Down 0.14% Nasdaq Down 0.50%
Eaton Corporation (ETN)On Nov 20: 63.19  Down 0.01 (0.02%)  
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Eaton Corporation
1111 Superior Avenue
Eaton Center
Cleveland, OH 44114-2584
United States - Map
Phone: 216-523-5000
Web Site: http://www.eaton.com

DETAILS 
Index Membership:S&P 500
S&P 1500 Super Comp
Sector:Industrial Goods
Industry:Industrial Electrical Equipment
Full Time Employees:75,000

BUSINESS SUMMARY 
Eaton Corporation operates as a power management company primarily in the United States, Canada, Europe, Latin America, and the Asia Pacific. The company provides 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. It also manufactures screw-in cartridge valves, custom-engineered hydraulic valves, and manifold systems. In addition, the company designs, manufactures, and distributes intake and exhaust valves for diesel and gasoline engines; and supplies electrical components for commercial and residential building applications, and industrial controls for industrial equipment applications. Further, it operates as a distributor and service provider of single phase and three-phase uninterruptible power supply systems. It has a joint venture agreement with Nittan Global Tech Co. Ltd. to manage the design manufacture and supply of engine valves and valve actuation products to Japanese and Korean automobile and engine manufacturers. The company was founded in 1916 and is headquartered in Cleveland, Ohio.
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    CORPORATE GOVERNANCE 
    Eaton Corporation's Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 68% of S&P 500 companies and 94.1% of Capital Goods companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Alexander M. Cutler , 57
    Exec. Chairman, Chief Exec. Officer, Pres and Chairman of Exec. Committee
    $ 5.12M $ 9.04M
    Mr. Richard H. Fearon , 52
    Chief Financial & Planning Officer, Exec. VP and Gen. Counsel
    $ 1.79M $ 0
    Mr. Craig Arnold , 48
    Vice Chairman of the Industrial Sector and Chief Operating Officer of the Industrial Sector
    $ 1.56M $ 0
    Mr. Craig A. Black , 57
    VP and Pres of Electrical Components Operations
    N/A N/A
    Mr. Joseph P. Palchak ,
    Pres of Vehicle Group
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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