Charles E. Golden Elected To Eaton's Board Of Directors.CLEVELAND -- Diversified industrial manufacturer Eaton Corporation This article is about an industrial manufacturer. For other meanings see Eaton. Eaton Corporation (NYSE: ETN) is a diversified industrial manufacturer with 2006 sales of $12.4 billion, putting it at 198 on the Fortune 500 for 2007. (NYSE NYSE See: New York Stock Exchange :ETN ETN Eaton Corporation (stock symbol) ETN Exchange Traded Note (investing) ETN European Travel Network ETN Electronic Tandem Network ETN Educational Telephone Network ) today announced that Charles E. Golden has been elected to the company's Board of Directors, effective immediately. This increases the size of the Board from 10 to 11. He is expected to stand for re-election at the April 2007 shareholders meeting, when his current term of office expires. Golden retired from Eli Lilly and Company Eli Lilly and Company (NYSE: LLY) is a global pharmaceutical company and one of the world's largest corporations. Eli Lilly's global headquarters is located in Indianapolis, Indiana, in the United States. in 2006, where he served as executive vice president and chief financial officer and as a member of the company's Board of Directors. Prior to joining Eli Lilly Eli Lilly can refer to:
"Charles brings a valuable perspective to our business through his extensive background in finance, international business and operations," said Alexander M. Cutler, Eaton chairman and chief executive officer. "His strong financial background, coupled with his international experience will serve Eaton as we further develop and execute our strategies for consistent profitable growth." In addition to his prior leadership at Eli Lilly and Company, Golden is a member of the boards of directors of Hillenbrand Industries and Unilever NV/PLC and is a member of Financial Executives International. A native of Fort Wayne, Ind., Golden received a Bachelor of Arts degree in economics from Lafayette College in 1968 and a Master of Business Administration degree from Lehigh University in 1970, both in Pennsylvania. In 2006, he was recognized as the Best CFO See Chief Financial Officer. in the pharmaceutical industry by Institutional Investor Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. magazine. Eaton Corporation is a diversified industrial manufacturer with 2006 sales of $12.4 billion. Eaton is a global leader in electrical systems and components for power quality, distribution and control; fluid power systems and services for industrial, mobile and aircraft equipment; intelligent truck drivetrain systems for safety and fuel economy; and automotive engine air management systems, powertrain solutions and specialty controls for performance, fuel economy and safety. Eaton has 60,000 employees and sells products to customers in more than 125 countries. For more information, visit www.eaton.com |
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