CLEVELAND, OHIO…Eaton Corporation (NYSE:ETN)announced today that William C. Hartman has been appointed vice president—Investor Relations. Hartman, who has been with Eaton for 21 years, assumed the role of director, Investor Relations in 1986.
In commenting on the appointment, Stephen R. Hardis, Chairman and Chief Executive Officer, said, "This appointment is appropriate acknowledgement of the unique role Bill plays in the company and its importance in representing Eaton to various external audiences. As we have worked over the past several years to change analysts' views of Eaton, the investor relations role has also changed. Bill has established himself as the key, primary contact for Wall Street analysts and large institutional investors. His personal style and credibility have served us well with these audiences over the years—both when the stock price is going down and when it is going up. I'm pleased to be able to recognize the unique aspects of his role with the vice president title."
Hartman joined Cutler-Hammer as personnel resources manager for the Construction Apparatus Group in 1978. Following Eaton's acquisition of Cutler-Hammer, he became manager—personnel development at the company's headquarters in Cleveland. In 1981, he was named human resources manager for the Defense and Electronics Group.
Hartman holds a bachelor's degree in industrial management from Miami University.
Eaton is a global manufacturer of highly engineered products that serve industrial, vehicle, construction, commercial, aerospace and semiconductor markets. Principal products include hydraulic products and fluid connectors, electrical power distribution and control equipment, truck drivetrain systems, engine components, ion implanters and a wide variety of controls. Headquartered in Cleveland, the company has 64,500 employees and 215 manufacturing sites in 25 countries around the world. Eaton's sales for 1998 were $6.6 billion. On April 9, 1999, Eaton acquired Aeroquip-Vickers, Inc., which had sales of $2.1 billion in 1998.