Eaton announced that Olivier Leonetti, executive vice president and chief financial officer, will be leaving Eaton on April 1, 2026, as part of a planned transition. With the support of a third-party executive search firm, a thorough internal and external search will be conducted to assess the broadest pool of talent for this critical role. Leonetti will continue with his current responsibilities until a successor is named.
Leonetti joined Eaton in January 2024, having previously served almost five years as a member of Eaton?s board.
Eaton Corporation plc is a diversified industrial group organized around 4 families of products:
- distribution, control and electric protection systems and component (71.1% of net sales): low tension electric appliances, breakers, UPS, modulators, industrial automatisms, etc.;
- aerospace systems (15.1%): fuel power systems, hydraulics and pneumatic systems for commercial and military aircrafts, men/machine interfaces, propellant systems, switching and electrical protection equipment, etc.;
- air managing systems for automotive engines (11.2%). The group also offers transmission systems for trucks;
- other (2.6%).
Net sales are distributed geographically as follows: the United States (60.9%), Europe (18.2%), Asia-Pacific (9.9%), Latin America (6.8%) and Canada (4.2%).
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