Eaton Corporation PLC filed SEC Form 8-K: Leadership Update
$ETN
Industrial Machinery/Components
Technology
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 19, 2025
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the
Exchange Act. ☐
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Item 5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
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On July 21, 2025, Eaton Corporation plc (the “Company”) announced that Ernest Marshall, Executive Vice President and Chief Human Resources Officer, will depart from the Company, effective September 30, 2025. In connection with his departure,
Mr. Marshall entered into an agreement with the Company, dated July 19, 2025, which provides that he will be entitled to receive payments and benefits as described in the Company’s proxy statement filed with the Securities and Exchange Commission
on March 14, 2025, including: (i) a payment equal to 1.5 times the sum of his current annual salary and target annual incentive under the Company’s short-term incentive plan; (ii) pro-rated eligibility in the open award periods under the
Company’s performance-based short- and long-term incentive programs; and (iii) continued vesting of his unvested stock options and restricted share units.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Eaton Corporation plc
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Date: July 21, 2025
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/s/ Lucy Clark Dougherty
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Lucy Clark Dougherty
Executive Vice President and Chief Legal Officer
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