| Business Summary | | Eaton
Corporation,
incorporated
in
1916,
is
a
global
diversified
industrial
manufacturer.
Eaton
is
in
the
business
of
fluid
power
systems,
electrical
power
quality
and
controls,
automotive
air
management
and
fuel
economy,
and
intelligent
truck
components
for
fuel
economy
and
safety.
The
Company
segments
its
business
as
Automotive,
Fluid
Power,
Industrial
and
Commercial,
Controls,
and
Truck. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Eaton
Corporation
is
a
global
manufacturer
of
highly
engineered
products
that
serve
industrial,
vehicle,
construction,
commercial,
aerospace
and
semiconductor
markets.
For
the
six
months
ended
6/30/01,
net
sales
fell
11%
to
$3.85
billion.
Net
income
from
continuing
operations
fell
58%
to
$99
million.
Revenues
reflect
a
drop
in
North
American
fluid
power
industry
shipments
and
weakness
in
the
truck
market.
Earnings
also
suffered
from
lower
operating
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Alexander Cutler, 49 Chairman,
Pres, CEO | $2.4M | $1.2M | Adrian Dillon, 47 Exec.
VP, CFO, Chief Planning Officer | 1.0M | 353K | Craig Arnold, 40 Sr.
VP and Group Exec., Fluid Power Group | -- | -- | Stepen Buente, 50 Sr.
VP and Group Exec. - Automotive. | -- | -- | Randy Carson, 50 Sr.
VP and Group Exec. - Cutler-Hammer | 665K | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|