Stephen R. Hardis
Chairman & Chief Executive Officer
Eaton Corporation was founded in the year 1911. The company has been operational for over 108 years now. The founders of the company are Viggo Torbensen and Joseph Oriel Eaton II. The former name of the company was Torbenson Gear and Axle Company. In the year 1916, the company was taken over by Republic Motor Truck Company. Then again in the year 1923, Eaton Corporation had again repurchased the company. By the year 1937, the name of the company was changed to Eaton Manufacturing Company. In 1978, the company had acquired Samuel Moore & Company. In the year 2006, the company was introduced in the data centre market for power distribution. Finally, in 2012, the company had acquired Cooper Industries for about $13 billion.
Eaton Corporation is an American company that focuses on providing management operations in the power distribution market so that customers could enjoy safety, efficiency and sustainability as well. The current ranking of the company is 194 out of the Fortune 500 companies list. As of the current date, the number of employees working at the company is around 99,000. Also, as of the year 2018, the total sales generated by the company is more than $21.6 billion. The current CEO, chairman and president of the company, are Craig Arnold. It also has its presence in over 175 countries all over the world.
The primary services provided by the company is the production of various kinds of products that are used for the electrical market, like switchgear, busway, circuit breakers, etcetera. The company also makes products for the hydraulics market, the vehicles market and even the aerospace market as well.
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