Management ChangeMar 30, 2026, 12:07 AM
Eaton CFO Olivier Leonetti to Receive Severance Package Upon Departure
AI Summary
Eaton Corp plc filed an amendment to its 8-K report detailing the compensation arrangements for CFO Olivier Leonetti, who is leaving the company on April 1, 2026. Mr. Leonetti will receive a severance package including a payment equal to 2.0 times his salary and target bonus, pro-rated eligibility for incentive programs, and continued vesting of stock options and restricted share units.
Key Highlights
- CFO Olivier Leonetti is departing Eaton on April 1, 2026.
- Leonetti will receive a severance payment equal to 2.0 times his salary and target bonus.
- He will also receive pro-rated eligibility for incentive programs and continued vesting of equity awards.
Price Impact
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