Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) today
announced that Thomas Moran has been elected senior vice
president and secretary. Moran succeeds Earl R. Franklin, who retired as
senior vice president and secretary on September 30, after almost 36
years with Eaton.
Moran joins Eaton from The Dow Chemical Company, where he has served
since 2002 as senior managing counsel and assistant corporate secretary.
He joined Dow, which has $50 billion in annual sales and 50,000
employees, in 1989, serving in a variety of regional and corporate
counselor roles.
“Tom’s background
and unique qualifications make him a valuable addition to the Eaton team,”
said Mark M. McGuire, executive vice president and general counsel. “We
are pleased to bring on board an attorney and corporate secretary with
Tom’s depth and breadth of experience.”
Having received a bachelor’s degree in
psychology and English from Colgate University, Moran earned a juris
doctorate from the University of Illinois College of Law. In addition to
being a member of various bar associations and professional societies,
Moran is also trustee, secretary and legal counsel to the Community
Foundation of Mid-Michigan and a director of Michigan Attorneys for
Animals.
Moran will assume Franklin’s responsibilities,
which include overseeing Eaton’s governance
initiatives and maintaining the company’s
liaison with the exchanges on which Eaton’s
shares are listed. In addition, Moran will manage the Corporate and
Securities function of the Law Department, along with the Office of the
Secretary.
“Earl Franklin is to be congratulated on an
exemplary career as a highly valued member of the Eaton team for so many
years. His personal role in building Eaton’s
reputation as a solid corporate citizen will contribute significantly to
the company’s success long after Earl leaves
us to enjoy his well-deserved retirement,”
said McGuire.
Eaton Corporation is a diversified power management company with 2007
sales of $13 billion. Eaton is a global technology leader in electrical
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 81,000 employees and
sells products to customers in more than 150 countries. For more
information, visit www.eaton.com.
Eaton Corporation
Corporate Communications
Kelly Jasko,
216-523-5304
kellymjasko@eaton.com