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
$1.45MBoard 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
$0.00Board Justification
No bonus was awarded to Craig Arnold in 2024.
Other Compensation
$158.19KBoard 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
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.
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
$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
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.
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Stock
$0.00
Salary
$1.08M
Bonus
$1.94M
Other
$236.98K
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2023 Compensation
Stock
$0.00
Salary
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Bonus
$3.43M
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$175.95K
Total Holdings
$49.37M
Richard Adam Norwitt
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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
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2023 Compensation
Stock
$250.00K
Salary
$450.00K
Bonus
$100.00K
Other
$50.00K
Total Holdings
$11.70M