Eaton Names Kurt McMaken Senior Vice President, Operations Finance and Finance Transformation

Rhea-AI Summary

Power management company Eaton (NYSE:ETN) has appointed Kurt McMaken as the new senior vice president of operations finance and finance transformation. McMaken will oversee the Global Operations and Transformation organization, focusing on financial planning, analysis, and technology enhancements. Reporting to CFO Tom Okray, he brings a wealth of experience from previous leadership roles within Eaton since 2001. Eaton aims to improve quality of life and the environment through sustainable power management solutions, boasting $17.9 billion in revenues and approximately 87,000 employees globally.

Positive

• Appointment of Kurt McMaken may enhance operational efficiency.
• McMaken's extensive experience at Eaton could lead to improved financial strategies.
• Eaton's focus on financial technology enhancements suggests innovation and growth.

Negative

• None.

DUBLIN--(BUSINESS WIRE)-- Power management company Eaton (NYSE:ETN) today announced that Kurt McMaken has been named senior vice president, operations finance and finance transformation. In this role, McMaken will lead the Global Operations and Transformation organization. This organization includes the company’s financial planning and analysis and operations finance teams and has responsibility for the development of finance technology enhancements. McMaken will report to Tom Okray, Eaton’s executive vice president and chief financial officer, and will be a member of the senior leadership team.

Eaton names Kurt McMaken senior vice president, operations finance and finance transformation (Photo: Business Wire)

Since joining Eaton in 2001, McMaken has held a number of senior leadership roles in the company including senior vice president, corporate development and treasury; vice president, finance, Electrical, for Europe, the Middle East and Africa (EMEA); corporate president, EMEA; and most recently senior vice president, finance and planning, Electrical Sector.

McMaken holds a bachelor’s degree in Business Administration and Accounting from Georgetown University and an MBA in Strategy and Finance from The University of Chicago Booth School of Business.

Eaton’s mission is to improve the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical and mechanical power – more safely, more efficiently, and more reliably. Eaton’s 2020 revenues were $17.9 billion, and we sell products to customers in more than 175 countries. We have approximately 87,000 employees. For more information, visit www.eaton.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220120006020/en/

Jennifer Tolhurst, +1 (440) 523-4006

 

Source: Eaton

FAQ

Who is the new senior vice president of operations finance at Eaton?

Kurt McMaken has been appointed as the new senior vice president of operations finance and finance transformation at Eaton.

What is Kurt McMaken's role at Eaton?

Kurt McMaken will lead the Global Operations and Transformation organization, overseeing financial planning and analysis.

What are Eaton's 2020 revenues?

Eaton's 2020 revenues were $17.9 billion.

How many employees does Eaton have?

Eaton employs approximately 87,000 individuals globally.

Who does Kurt McMaken report to at Eaton?

Kurt McMaken reports to Tom Okray, Eaton's executive vice president and chief financial officer.