Eaton (NYSE: ETN) has appointed Adam Wadecki, Ph.D., as its new Senior Vice President and Controller. Wadecki, who currently serves as Eaton's Senior Vice President of Internal Audit, brings with him a wealth of experience from his previous roles at General Electric Healthcare (GEHC), W.W. Grainger, Advance Auto Parts, and General Motors.
Eaton, an intelligent power management company, reported revenues of $23.2 billion in 2023, serving customers in over 160 countries. The company manufactures products for various markets, including data center, utility, industrial, commercial, machine building, residential, aerospace, and mobility.
Wadecki's appointment comes at a time when Eaton is committed to accelerating the global transition to renewable energy sources and addressing urgent power management challenges. This move aligns with the company's dedication to sustainability and commitment to doing business in an environmentally responsible manner.
The financial metrics for the current period were not included in the press release, so it's unclear how they may have changed since the last reporting period. Following these announcements, the company's shares moved 2.1%, and are now trading at a price of $309.52. If you want to know more, read the company's complete 8-K report here.