ETN News & Events

Eaton announced a strategic partnership with Span to further enable affordable home electrification at scale. The company said, 'The companies' approach to electrification will help save thousands of dollars on new home construction and retrofit projects, while also reducing the amount of power and infrastructure needed from the grid." Eaton invested $75M in Span.

Eaton announced that David Foster has been named executive vice president and CFO, effective March 2. He succeeds Olivier Leonetti who will be leaving Eaton on March 13 as part of a planned transition. Foster re-joins Eaton after a 29-year career with the organization.

The board of directors of Eaton declared a quarterly dividend of $1.10 per ordinary share, an increase of 6% over its last quarterly dividend. The dividend is payable March 27 to shareholders of record at the close of business on March 10.