Eaton announces David Foster as EVP & CFO, effective March 2

Eaton announces David Foster as EVP & CFO, effective March 2

Eaton Appoints David Foster to Senior Leadership Role in Corporate Development and Treasury

Eaton Corporation plc (NYSE: ETN) has announced the promotion of David Foster to senior vice president (SVP), corporate development and treasury, effective March 2, 2026. In this role, Foster will oversee corporate development initiatives, including mergers and acquisitions (M&A) and strategic planning, as well as treasury operations such as capital markets, foreign exchange (FX) transactions, insurance, and cash management. He will report to Richard Fearon, Eaton's vice chairman, CFO, and chief planning officer.

Foster succeeds Kurt McMaken, who has transitioned to the role of vice president, finance and planning for Eaton's electrical sector in the Europe, Middle East, and Africa (EMEA) region. Foster's appointment reflects Eaton's continued focus on strengthening its corporate strategy and financial operations amid evolving market dynamics.

With a 33-year tenure at Eaton, Foster has held progressively senior finance roles, including serving as finance director and controller in the automotive group and vice president of finance for the Asia-Pacific region since 2008. Prior to joining Eaton in 1993, he worked at Hydro Aluminum Bohn and Franklin Financial. Foster holds a bachelor's degree in accounting from the University of Michigan and a master's in management from Kettering University.

The appointment underscores Eaton's emphasis on internal talent development. Fearon noted in prior statements the importance of strategic leadership in driving the company's growth objectives, though no direct comments on Foster's promotion were provided in available materials.

Foster will be based at Eaton's global headquarters in Cleveland, Ohio, and his leadership will align with the company's broader goals of optimizing capital allocation and expanding its industrial technology solutions.

(https://www.theglobaltreasurer.com/2011/08/02/eaton-names-david-foster-svp-corporate-development-and-treasury/): https://www.theglobaltreasurer.com/2011/08/02/eaton-names-david-foster-svp-corporate-development-and-treasury/

This article is based on publicly available information and does not reflect forward-looking statements or financial projections.