By Michael Dabaie 



   Eaton Corp. PLC said it would reduce the third-quarter salaries of its chief executive and other officers. 


  The power management technologies company said in a Securities and Exchange Commission filing that the compensation and organization committee of the board took action to reduce the third-quarter base salaries of Chairman and CEO Craig Arnold and all other officers by about 23% and 8%, respectively. 


  The reductions will have be retroactive to July 1. 


  Eaton said the board reduced the cash retainer for all non-employee directors by 25% to $28,125. The board directed the unpaid portion of the retainer be designated to assist Eaton employees. 


  The company said in an SEC filing from April that it reduced the second-quarter base salary of all officers, from about 25% for some named executive officers to about 50% for Mr. Arnold. Eaton also said in April that the board reduced the cash retainer for all non-employee directors by 50%. 


  Write to Michael Dabaie at michael.dabaie@wsj.com