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Andre Schulten Elected to Eaton’s Board of Directors

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Eaton (NYSE:ETN), an intelligent power management company, has announced the election of Andre Schulten to its Board of Directors, effective October 22, 2024. Schulten, currently the chief financial officer of The Procter & Gamble Company (P&G), brings extensive experience in finance, accounting, and global business management to Eaton's board.

Schulten's career at P&G spans nearly three decades, during which he has held various leadership roles across different regions and business segments. His expertise includes product portfolio strategy, implementing new business models, and supply chain redesign. Notably, he led the systems and IT integration for P&G's global Gillette acquisition.

Eaton's Chairman and CEO, Craig Arnold, expressed confidence in Schulten's ability to contribute valuable insights to the board, citing his experience as a public company CFO and his track record in leading global enterprises.

Eaton (NYSE:ETN), un'azienda di gestione intelligente dell'energia, ha annunciato l'elezione di Andre Schulten nel suo Consiglio di Amministrazione, a partire dal 22 ottobre 2024. Schulten, attualmente direttore finanziario della The Procter & Gamble Company (P&G), porta un'ampia esperienza in finanza, contabilità e gestione aziendale globale al consiglio di Eaton.

La carriera di Schulten in P&G si estende per quasi tre decenni, durante i quali ha ricoperto vari ruoli di leadership in diverse regioni e segmenti aziendali. La sua expertise include la strategia del portafoglio prodotti, l'implementazione di nuovi modelli di business e la riprogettazione della catena di approvvigionamento. In particolare, ha guidato l'integrazione dei sistemi e dell'IT per l'acquisizione globale di Gillette da parte di P&G.

Il presidente e CEO di Eaton, Craig Arnold, ha espresso fiducia nella capacità di Schulten di contribuire con preziosi approfondimenti al consiglio, citando la sua esperienza come CFO di una società pubblica e il suo track record nella guida di imprese globali.

Eaton (NYSE:ETN), una empresa de gestión inteligente de energía, ha anunciado la elección de Andre Schulten a su Junta Directiva, efectiva a partir del 22 de octubre de 2024. Schulten, actualmente director financiero de The Procter & Gamble Company (P&G), aporta una amplia experiencia en finanzas, contabilidad y gestión empresarial global a la junta de Eaton.

La carrera de Schulten en P&G abarca casi tres décadas, durante las cuales ha ocupado diversos roles de liderazgo en diferentes regiones y segmentos de negocio. Su experiencia incluye estrategia de cartera de productos, implementación de nuevos modelos de negocio y rediseño de la cadena de suministro. Notablemente, lideró la integración de sistemas y TI para la adquisición global de Gillette por parte de P&G.

El presidente y CEO de Eaton, Craig Arnold, expresó confianza en la capacidad de Schulten para contribuir con valiosas ideas al consejo, citando su experiencia como CFO de una empresa pública y su historial en la dirección de empresas globales.

Eaton (NYSE:ETN)는 지능형 전력 관리 회사로, 2024년 10월 22일부터 Andre Schulten을 이사회의 회원으로 선출했다고 발표했습니다. 현재 The Procter & Gamble Company(P&G)의 CFO인 Schulten은 Eaton 이사회에 재무, 회계 및 글로벌 비즈니스 관리의 광범위한 경험을 가져옵니다.

Schulten은 P&G에서 거의 30년 동안 다양한 지역과 사업 부문에서 여러 리더십 역할을 수행해왔습니다. 그의 전문 분야는 제품 포트폴리오 전략, 새로운 비즈니스 모델 구현 및 공급망 재설계가 포함됩니다. 특히, 그는 P&G의 글로벌 질레트 인수에 대한 시스템 및 IT 통합을 주도했습니다.

Eaton의 회장 겸 CEO인 Craig Arnold는 Schulten이 이사회에 소중한 통찰력을 기여할 수 있다는 자신감을 표명하며, 그의 공공 기업 CFO 경험 및 글로벌 기업 이끄는 경력을 언급했습니다.

Eaton (NYSE:ETN), une entreprise de gestion intelligente de l'énergie, a annoncé l'élection d'Andre Schulten à son Conseil d'Administration, effective à partir du 22 octobre 2024. Schulten, actuellement directeur financier de The Procter & Gamble Company (P&G), apporte une vaste expérience en finance, comptabilité et gestion des affaires internationales au conseil d'Eaton.

La carrière de Schulten chez P&G s'étend sur près de trois décennies, au cours desquelles il a occupé divers postes de direction dans différentes régions et segments d'activité. Son expertise inclut la stratégie de portefeuille de produits, la mise en œuvre de nouveaux modèles commerciaux et le redesign de la chaîne d'approvisionnement. Notamment, il a dirigé l'intégration des systèmes et des technologies de l'information lors de l'acquisition mondiale de Gillette par P&G.

Craig Arnold, président et PDG d'Eaton, a exprimé sa confiance dans la capacité de Schulten à apporter des perspectives précieuses au conseil, évoquant son expérience en tant que CFO d'une entreprise cotée en bourse et son parcours dans la direction d'entreprises mondiales.

Eaton (NYSE:ETN), ein Unternehmen für intelligentes Energiemanagement, hat die Wahl von Andre Schulten in seinen Aufsichtsrat bekannt gegeben, die ab dem 22. Oktober 2024 wirksam ist. Schulten, derzeit Finanzvorstand der The Procter & Gamble Company (P&G), bringt umfassende Erfahrung in den Bereichen Finanzen, Rechnungswesen und globales Unternehmensmanagement in den Vorstand von Eaton ein.

Schultens Karriere bei P&G erstreckt sich über fast drei Jahrzehnte, in denen er verschiedene Führungsrollen in unterschiedlichen Regionen und Geschäftssegmenten inne hatte. Zu seiner Expertise gehören Produktportfolio-Strategie, Implementierung neuer Geschäftsmodelle und Neugestaltung der Lieferkette. Er war unter anderem für die System- und IT-Integration bei der globalen Akquisition von Gillette durch P&G verantwortlich.

Craigh Arnold, Vorsitzender und CEO von Eaton, äußerte sich zuversichtlich, dass Schulten wertvolle Einblicke in den Vorstand einbringen kann, und lobte seine Erfahrung als CFO eines börsennotierten Unternehmens sowie seinen Erfolg in der Führung globaler Unternehmen.

Positive
  • Addition of a seasoned financial executive to the Board of Directors
  • Potential for fresh perspectives and global business insights from new board member
  • Strengthening of financial expertise on the board with the appointment of a current CFO
Negative
  • None.

DUBLIN--(BUSINESS WIRE)-- Intelligent power management company Eaton (NYSE:ETN) today announced that Andre Schulten has been elected to the company’s Board of Directors effective October 22, 2024.

Andre Schulten elected to Eaton’s Board of Directors (Photo: Business Wire)

Andre Schulten elected to Eaton’s Board of Directors (Photo: Business Wire)

Schulten is the chief financial officer of The Procter & Gamble Company (P&G), a leading multinational consumer goods company. Prior to that role, Schulten served as senior vice president, Baby Care, North America. Since joining P&G in 1996, Schulten has served in several finance and accounting management roles in North America, Europe and Asia and has provided leadership for product portfolio strategy, installing new business models and supply chain redesign across global markets. Schulten also led the systems and IT integration for the global Gillette acquisition.

“Andre’s experience as a public company chief financial officer, his extensive experience helping to lead global enterprises and track record of mobilizing teams around a compelling vision make him a valuable addition to Eaton,” said Craig Arnold, Eaton chairman and chief executive officer. “We look forward to his contributions to the Board.”

Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. We make products for the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re accelerating the planet’s transition to renewable energy sources, helping to solve the world’s most urgent power management challenges, and building a more sustainable society for people today and generations to come.

Eaton was founded in 1911 and has been listed on the New York Stock Exchange for more than a century. We reported revenues of $23.2 billion in 2023 and serve customers in more than 160 countries. For more information, visit www.eaton.com. Follow us on LinkedIn.

Jennifer Tolhurst

+1 (440) 523-4006

jennifertolhurst@eaton.com

Source: Eaton

FAQ

When will Andre Schulten join Eaton's (ETN) Board of Directors?

Andre Schulten will join Eaton's Board of Directors effective October 22, 2024.

What is Andre Schulten's current position outside of Eaton (ETN)?

Andre Schulten is currently the chief financial officer of The Procter & Gamble Company (P&G).

What key experience does Andre Schulten bring to Eaton's (ETN) board?

Andre Schulten brings experience as a public company CFO, leadership in global enterprises, expertise in finance and accounting management, and a track record in product portfolio strategy and business model implementation.

How long has Andre Schulten been with Procter & Gamble before joining Eaton's (ETN) board?

Andre Schulten has been with Procter & Gamble since 1996, which is nearly three decades of experience.

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