Alexander KarpAlexander Karp earned $1B in 2024

In 2024, Craig Arnold earned $29.33M in total compensation at Eaton Corporation, including $1.45M salary and $27.72M in stock. Most recently acquired 2,000 shares in Feb 2011. Has donated $136.41K in stock to charitable causes. 9+ years at the helm of Eaton Corporation.

Compensation History

Annual executive compensation data for Craig Arnold, including salary, bonuses, and stock awards.

Year

2024

Total Compensation

$29.33M

Salary

$1.45M

Bonus

$0.00

Other

$158.19K

Salary

$1.45M

Board Justification

Our executive compensation programs reflect the belief that the amount earned by our executives must, to a significant extent, depend on achieving rigorous Company, business unit and individual performance objectives designed to enhance shareholder value.

Bonus

$0.00

Board Justification

No bonus was awarded to Craig Arnold in 2024.

Other Compensation

$158.19K

Board Justification

Includes reimbursement of financial, tax and estate planning, personal use of company aircraft, company paid life insurance, employer contributions to defined contribution plans, and awards for the filing and issuance of patents pursuant to our Global Patent and Qualified Trade Secret Awards Program.

Restricted Stock

$27.72M94.19K Ordinary Shares

Board Justification

This represents the vesting of RSUs that were granted in 2021, 2022 and 2023 and PSUs for the 2021-2023 ESIP award period that vested in 2024 and accumulated dividends on those awards.

Performance Metrics

Adjusted EPS and Adjusted OCF goals based on its review of market analyses, our annual profit plan as approved by the Board of Directors, external research reports, and analyses of peer group data. The Committee also considered Adjusted EPS growth rate guidance for us and our strategic peers as a key starting point for setting aggressive performance objectives for our short-term incentive plan.

E

Craig Arnold

CEO of Eaton Corporation

Education

Bachelor's degree from the University of Notre Dame

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Industrials

Born

January 1, 1961 - 64 years ago

CEO of Eaton Corporation for

9 years 6 months (Jun 2016 - Present)

Previous Experience

Vice Chairman and Chief Operating Officer – Industrial Sector of Eaton Corporation.

Holdings

Track Craig Arnold's stock holdings and portfolio value over time.

Total Stock Sold

$4.91M

ETN

$4.91M

44,000 ETN shares

What if they kept their stock?

If Craig Arnold didn't sell their stock, today they would have:
Extra ETN44,000 shares worth $14.86M.
This is 202.37% and $9.94M more than what they got when they sold the stock.

Charitable Transactions

ETN

404 shares

ETN

Recent Charitable Transactions

Insider Trading

Craig Arnold's recent stock transactions, purchases, and sales filed with the SEC.

Rivals

Compare Craig Arnold with competitor CEOs and industry peers.