Eaton (ETN) Appoints David Foster as EVP and CFO Following 2025 Financial Results

Eaton Corporation (NYSE:ETN) is one of the stocks that should double in 3 years. On March 2, Eaton named David Foster as its new executive vice president and chief financial officer. Foster rejoins the intelligent power management company following a 29-year career with the organization, which previously concluded with his retirement in 2022. He succeeds Olivier Leonetti, who is departing the company on March 13 as part of a planned leadership transition.

Before his return, Foster held various roles of increasing responsibility across Eaton’s finance organization, including assignments in the US and Asia Pacific. His background spans financial planning and analysis, controllership, corporate development, and treasury, as well as mergers, acquisitions, and divestitures. In his most recent tenure at the company, he served as the senior vice president of Finance and Planning for the Industrial Sector.

CEO Paulo Ruiz highlighted Foster’s deep understanding of Eaton’s operations, customers, and markets during a period of unprecedented demand and growth. Foster expressed excitement about participating in Eaton Corporation’s (NYSE:ETN) next phase as it scales its global power management business.

Eaton Corporation (NYSE:ETN) operates as a power management company in the US, Canada, Latin America, Europe, and the Asia Pacific. The company operates through Electrical Americas, Electrical Global, Aerospace, Vehicle, and eMobility segments.

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