In 2016, Alexander M. Cutler earned $9.28M in total compensation at Eaton Corporation, including $541.67K salary and $8.59M in stock. Most recently acquired 593 shares in Aug 2024. Currently holds stock worth $199.75M. Has donated $33.98M in stock to charitable causes. Led Eaton Corporation as CEO for 15 years.
Compensation History
Annual executive compensation data for Alexander M. Cutler, including salary, bonuses, and stock awards.
Year
2016
Total Compensation
$9.28M
Salary
$541.67K
Bonus
$0.00
Other
$143.00K
Salary
$541.67KBoard Justification
The compensation philosophy is designed to attract, motivate, reward, and retain highly qualified executives capable of creating and sustaining value for shareholders over the long term, with a significant portion of compensation being performance-based.
Bonus
$0.00Board Justification
The named executive officers were not entitled to receive 'Bonus' payments for 2016 as defined under the disclosure rules as discretionary payments that are not based on any performance criteria.
Other Compensation
$143.00KBoard Justification
Other compensation includes reimbursement for financial planning, personal use of company aircraft, and contributions to retirement plans.
Restricted Stock
Board Justification
The stock awards that vested in 2016 include restricted stock units and performance share units granted in prior years that were earned based on performance metrics.
Performance Metrics
The performance metrics for 2016 included EPS growth and Cash Flow Return on Gross Capital (CFR) goals.
Alexander M. Cutler
Ex-CEO of Eaton Corporation
Education
Bachelor's degree from the University of Michigan; MBA from Harvard Business School
Field of Expertise
Business & Management
Sector of Economy
Industrials
Born
May 1, 1951 - 74 years ago
CEO of Eaton Corporation for
15 years 9 months (Aug 2000 - May 2016)
Previous Experience
Joined Eaton in 1975 and held various senior management positions.
Other Eaton Corporation CEOs
Holdings
Track Alexander M. Cutler's stock holdings and portfolio value over time.
Total Stock Sold
$62.44M
$62.44M
929,219 ETN shares
What if they kept their stock?
If Alexander M. Cutler didn't sell their stock, today they would have:
Extra ETN929,219 shares worth $359.21M.
This is 475.29% and $296.77M more than what they got when they sold the stock.
Charitable Transactions
87,901 shares
ETN
Recent Charitable Transactions
35,050 shares
ETN
Feb 17, 2015
Charity
915 shares
ETN
Jun 14, 2014
Charity
31,811 shares
ETN
May 20, 2014
Charity
21,040 shares
ETN
Jul 23, 2013
Charity
Insider Trading
Alexander M. Cutler's recent stock transactions, purchases, and sales filed with the SEC.
$50.00K
DD at $84.25/share
Aug 30, 2024
Received
2,109 shares
DD
Jun 5, 2024
Received
$50.00K
DD at $82.16/share
May 31, 2024
Received
$50.00K
DD at $69.19/share
Feb 29, 2024
Received
$50.00K
DD at $71.54/share
Nov 30, 2023
Received
$50.00K
DD at $76.89/share
Aug 31, 2023
Received
$50.00K
DD at $67.19/share
May 31, 2023
Received
2,566 shares
DD
May 24, 2023
Received
$50.00K
DD at $73.03/share
Feb 28, 2023
Received
$50.00K
DD at $70.51/share
Nov 30, 2022
Received
Rivals
Compare Alexander M. Cutler with competitor CEOs and industry peers.
Kevin J. Wheeler
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2023 Compensation
Stock
$0.00
Salary
$1.08M
Bonus
$1.94M
Other
$236.98K
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$15.83M
Vicente Reynal
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2023 Compensation
Stock
$0.00
Salary
$1.13M
Bonus
$3.43M
Other
$175.95K
Total Holdings
$49.37M
Richard Adam Norwitt
CEO of Amphenol
2024 Compensation
Stock
$0.00
Salary
$1.51M
Bonus
$0.00
Other
$180.21K
Total Holdings
$57.88M
Gerben W. Bakker
CEO of Hubbell
2022 Compensation
Stock
$1.18M
Salary
$1.03M
Bonus
$0.00
Other
$283.94K
Total Holdings
$115.16M
Andrea J. Funk
CEO of EnerSys
2023 Compensation
Stock
$250.00K
Salary
$450.00K
Bonus
$100.00K
Other
$50.00K
Total Holdings
$11.70M