Eaton announced that Olivier Leonetti has been named executive vice president and chief financial officer, effective February 5, 2024. He succeeds Thomas B. Okray, who is leaving the company for personal reasons. Leonetti joins Eaton from Johnson Controls, where he served as executive vice president and chief financial officer.

Before joining Johnson Controls in 2020, he served as chief financial officer of Zebra Technologies Corporation and Western Digital Corporation and held senior finance leadership roles at Global Commercial Organization, Amgen Inc., and Dell Inc. He also serves on the board of All-In Milwaukee and has been a member of Eaton?s board of directors since 2019, a role he will step down from. Leonetti is a Certified Accountant. He holds a master?s degree in internal audit from the Graduate School of Management, Marseille, France; an MBA from Ecole Supérieure des Affaires, Grenoble, France; and a master?s degree in economics and accountancy from the University of Aix-Marseille, France.