Eaton shareholders re-elect three directors
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CLEVELAND ... Shareholders of diversified industrial manufacturer Eaton Corporation (NYSE:ETN) today re-elected three directors to new three-year terms at the company's annual meeting. Re-elected as directors were Michael J. Critelli, chairman and chief executive officer of Pitney Bowes Inc., and a director since 1998; Ernie Green, president and chief executive officer of Ernie Green Industries, Inc., and a director since 1995; and Kiran M. Patel, executive vice president and chief financial officer of Solectron Corporation, and a director since 2003. Shareholders also approved the 2004 Stock Plan and ratified the appointment of Ernst & Young LLP as the independent auditors of Eaton's books and records for 2004. Eaton Corporation is a diversified industrial manufacturer with 2003 sales of $8.1 billion. Eaton is a global leader in fluid power systems and services for industrial, mobile and aircraft equipment; electrical systems and components for power quality, distribution and control; automotive engine air management systems and powertrain controls for fuel economy; and intelligent drivetrain systems for fuel economy and safety in trucks. Eaton has 51,000 employees and sells products to customers in more than 100 countries. |
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