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Eaton logoEaton ETN

Eaton said Daniel R. Hopgood, Senior Vice President and Controller, notified the company on April 18, 2024 of his intent to resign to pursue another opportunity, with the resignation effective May 10, 2024.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Eaton said Daniel R. Hopgood, Senior Vice President and Controller, notified the company on April 18, 2024 of his intent to resign to pursue another opportunity, with the resignation effective May 10, 2024.

  2. The company said it named Adam A. Wadecki, 40, to succeed Hopgood as Senior Vice President and Controller and as principal accounting officer, announced on April 22, 2024.

  3. It said Wadecki currently serves as Senior Vice President, Internal Audit, and before joining Eaton on September 27, 2023, he was chief financial officer of Corporate Finance and Finance Transformation at General Electric Healthcare.

  4. Eaton said Wadecki will continue to receive an annual base salary and participate in applicable executive compensation and benefit plans. It also said there is no arrangement or understanding under which Wadecki was selected as an officer, no family relationships with any directors or executive officers, and no transactions requiring disclosure under Item 404(a) of Regulation S-K.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Daniel R. Hopgood Resignation Notice

Eaton said Daniel R. Hopgood, Senior Vice President and Controller, notified the company on April 18, 2024 of his intent to resign to pursue another opportunity, with the resignation effective May 10, 2024.

Source · Based on the filing body and exhibits

Adam A. Wadecki Named Successor

The company said it named Adam A. Wadecki, 40, to succeed Hopgood as Senior Vice President and Controller and as principal accounting officer, announced on April 22, 2024.

Source · Based on the filing body and exhibits

Wadecki's Prior Experience

It said Wadecki currently serves as Senior Vice President, Internal Audit, and before joining Eaton on September 27, 2023, he was chief financial officer of Corporate Finance and Finance Transformation at General Electric Healthcare.

Source · Based on the filing body and exhibits

Compensation and Disclosure Matters

Eaton said Wadecki will continue to receive an annual base salary and participate in applicable executive compensation and benefit plans. It also said there is no arrangement or understanding under which Wadecki was selected as an officer, no family relationships with any directors or executive officers, and no transactions requiring disclosure under Item 404(a) of Regulation S-K.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.