Eaton Corporation plc is a diversified power management company providing energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power. The company is a global technology leader in electrical products, systems and services for power quality, distribution and control, power transmission, lighting and wiring products; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety. Eaton acquired Cooper Industries plc in 2012. The new company, Eaton Corporation plc, has approximately 100,000 employees and sells products to customers in more than 150 countries. For more information, visit www.eaton.com.
Diversified industrial manufacturer Eaton Corporation plc (NYSE:ETN) today announced that former Cooper Industries plc directors Linda A. Hill and Gerald B. Smith have joined the Company’s Board. The appointments were effective upon the November 30, 2012 close of the acquisition. “Gerald and Linda add valuable perspectives to our Board through their extensive and diverse backgrounds,” said Alexander M. Cutler, Eaton chairman and chief executive officer. “Their experience and insight will benefit Eaton as we continue to accelerate our growth as a global integrated power management company.” Linda A. Hill served as a director of Cooper Industries plc since 1994. She is the Wallace Brett Donham Professor of Business Administration at the Harvard Business School, the faculty chair of the Leadership Initiative and has chaired numerous HBS Executive Education programs. She is a member of the Board of Directors of State Street Corporation and Harvard Business Publishing. She is also a trustee of the Nelson Mandela Children's Fund USA, The Bridgespan Group and Bryn Mawr College. Hill is on the Advisory Board of the Aspen Institute Business and Society Program. Gerald B. Smith served as lead independent director of Cooper Industries plc and had been a director of the company since 2000. He is chairman and chief executive officer of Smith Graham & Company, an investment management firm he founded in 1990. Prior to launching Smith Graham, he served as senior vice president and director of fixed income for Underwood Neuhaus & Company. He is a member of the Board of Trustees and chair of the Investment Oversight Committee for The Charles Schwab Family of Funds and Board of Directors of New York Life Insurance Company, ONEOK Inc. and ONEOK Partners MLP. He is a director of the Federal Reserve Bank of Dallas, Houston Branch and serves as chairman of the Texas Southern University Foundation.