Eaton (ETN) executive compensation, 2026 proxy

Paulo Ruiz, Chief Executive Officer, was paid $7.9M in 2025. The CEO-to-median-employee pay ratio was 128:1, on median employee pay of $61,945.

Filed
March 13, 2026
Annual meeting
April 22, 2026
Pay year
2025
Named executives
7
CEO total pay
$7.9M2025
CEO to median employee
128:1median $61,945
CEO pay in equity
70%$5.5M in awards
CEO Target Bonus
$1,650,000For Paulo Ruiz under EIC plan
Median Employee Pay
$61,945Annual base salary methodology
CEO to Employee Pay Ratio
128:1Based on CEO total of $7,944,655

How Ruiz was paid

$7.9M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary14%Stock awards52%Option awards17%Non-equity incentive15%Pension and deferred comp0%All other compensation2%

Named executive officers

ExecutiveTotal
Paulo RuizChief Executive Officer$7,923,677
O. LeonettiExecutive Vice President and Chief Financial Officer$5,100,580
H. MonesmithPresident and Chief Operating Officer - Electrical Sector$4,339,482
K. AwadaExecutive Vice President and Chief Human Resources Officer$5,003,915
L. Clark DoughertyExecutive Vice President and Chief Legal Officer$4,207,257
C. ArnoldFormer Chairman and Chief Executive Officer$13,974,141
E. MarshallFormer Executive Vice President and Chief Human Resources Officer$5,091,532

What changed and why

  • Paulo Ruiz served as Chief Executive Officer starting June 1, 2025.
  • Craig Arnold served as Chairman and CEO through May 31, 2025.
  • $7.9MPaulo Ruiz received a total compensation of $7,923,677 for fiscal 2025.
  • $14MCraig Arnold received total compensation of $13,974,141 for fiscal 2025.
  • 70%Non-equity incentive plan awards for 2025 were earned at 70% of target.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.