Date: February 5, 2009

CLEVELAND … Diversified industrial manufacturer Eaton Corporation today announced that James Even has been named to the new position of vice president and assistant controller – the Americas, effective Feb. 2. Even reports to Billie K. Rawot, senior vice president and controller.

Even is responsible for leading the accounting and financial shared services activities for the Americas and the internal financial analysis and operations reporting process on a global basis. He will be located at Eaton’s World Headquarters in Cleveland, Ohio.

“With the growth we are experiencing around the world, it is important to establish a concentrated focus within the accounting and control function on the Americas as a region, similar to the regional focus now on Europe and Asia Pacific,” said Rawot. “Identifying Jim as the accounting and control leader for the Americas provides an opportunity for synergy in our activities across the Americas region.”

Even’s eight years with Eaton have included positions as director of International Tax, director of Financial Accounting, director of International Accounting Strategies (in Morges, Switzerland) and his most recent role as corporate function integration lead (in Bonn, Germany).

Prior to joining Eaton, Even worked for PriceWaterhouseCoopers, Goodyear and MA Hanna (now PolyOne). He holds a Bachelor of Science degree from Bowling Green State University in Ohio.

Eaton Corporation is a diversified power management company with 2008 sales of $15.4 billion. Eaton is a global technology leader in electrical components and systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety. Eaton has approximately 75,000 employees and sells products to customers in more than 150 countries.

Kelly Jasko
(216) 523-5304