Gerald Johnson Elected to Eaton's Board of Directors, Adds Manufacturing Expertise.
PorAinvest
miércoles, 23 de julio de 2025, 5:05 pm ET1 min de lectura
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Eaton's CEO, Paulo Ruiz, stated, "With his extensive experience in global manufacturing, engineering, and operations, Gerald is a valuable addition to our Board. As we continue our strategy to execute for growth at Eaton, I’m confident that Gerald’s breadth of experience and proven performance in operations excellence, along with his strong customer focus, will serve our company well." [1]
Johnson's appointment comes amidst a period of strategic growth and sustainability initiatives for Eaton. The company, which focuses on power management products for data centers, utilities, industrial, commercial, residential, aerospace, and mobility markets, reported revenues of nearly $25 billion in 2024. Eaton serves customers in over 160 countries and is committed to operating sustainably and helping customers manage power. [2]
In addition to his new role at Eaton, Johnson will bring his expertise to the table as the company continues to capitalize on global growth trends such as electrification and digitalization. Eaton has also announced its intention to acquire Ultra PCS Limited for $1.55 billion, which will expand its capabilities in electronic controls and data processing solutions for aerospace customers. The company aims to achieve net zero emissions by 2050, a goal validated by the Science Based Targets initiative. [3]
Eaton has secured contracts worth approximately $25 million to upgrade the electrical infrastructure at Hartsfield-Jackson Atlanta International Airport, part of a larger $12.8 billion expansion initiative. The company also declared a quarterly dividend of $1.04 per share, payable on August 22, 2025. These developments reflect Eaton's strategic moves in acquisitions, sustainability, and infrastructure upgrades. [3]
References:
[1] https://www.businesswire.com/news/home/20250723008055/en/Gerald-Johnson-elected-to-Eatons-Board-of-Directors
[2] https://www.morningstar.com/news/business-wire/20250723008055/gerald-johnson-elected-to-eatons-board-of-directors
[3] https://www.investing.com/news/company-news/eaton-appoints-former-gm-executive-gerald-johnson-to-board-93CH-4149356
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Gerald Johnson, a retired executive vice president from General Motors, has been elected to Eaton's Board of Directors, effective July 23, 2025. Johnson has over 40 years of experience at GM, overseeing manufacturing operations, labor relations, and sustainability. He currently serves on the board of Caterpillar Inc.
DUBLIN, July 02, 2025 - Intelligent power management company Eaton (NYSE:ETN) has announced that Gerald Johnson has been elected to its Board of Directors, effective July 23, 2025. Johnson, a retired executive vice president of Global Manufacturing and Sustainability at General Motors, brings extensive experience in global manufacturing, engineering, and operations to the role. Over his 40-year career at GM, Johnson held various leadership positions, including vice president of Manufacturing and Labor Relations for North America and vice president of Global Operational Excellence. He currently serves on the board of Caterpillar Inc. [1]Eaton's CEO, Paulo Ruiz, stated, "With his extensive experience in global manufacturing, engineering, and operations, Gerald is a valuable addition to our Board. As we continue our strategy to execute for growth at Eaton, I’m confident that Gerald’s breadth of experience and proven performance in operations excellence, along with his strong customer focus, will serve our company well." [1]
Johnson's appointment comes amidst a period of strategic growth and sustainability initiatives for Eaton. The company, which focuses on power management products for data centers, utilities, industrial, commercial, residential, aerospace, and mobility markets, reported revenues of nearly $25 billion in 2024. Eaton serves customers in over 160 countries and is committed to operating sustainably and helping customers manage power. [2]
In addition to his new role at Eaton, Johnson will bring his expertise to the table as the company continues to capitalize on global growth trends such as electrification and digitalization. Eaton has also announced its intention to acquire Ultra PCS Limited for $1.55 billion, which will expand its capabilities in electronic controls and data processing solutions for aerospace customers. The company aims to achieve net zero emissions by 2050, a goal validated by the Science Based Targets initiative. [3]
Eaton has secured contracts worth approximately $25 million to upgrade the electrical infrastructure at Hartsfield-Jackson Atlanta International Airport, part of a larger $12.8 billion expansion initiative. The company also declared a quarterly dividend of $1.04 per share, payable on August 22, 2025. These developments reflect Eaton's strategic moves in acquisitions, sustainability, and infrastructure upgrades. [3]
References:
[1] https://www.businesswire.com/news/home/20250723008055/en/Gerald-Johnson-elected-to-Eatons-Board-of-Directors
[2] https://www.morningstar.com/news/business-wire/20250723008055/gerald-johnson-elected-to-eatons-board-of-directors
[3] https://www.investing.com/news/company-news/eaton-appoints-former-gm-executive-gerald-johnson-to-board-93CH-4149356
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