ETN Eaton Corp. Plc

Eaton names Omar Zaire president, Corporate and Electrical Sector, EMEA; Tim Darkes to retire

Intelligent power management company Eaton (NYSE:ETN) announced the appointment of Omar Zaire to president, Corporate and Electrical Sector, Europe, Middle East and Africa (EMEA) region. Zaire succeeds Tim Darkes, who has announced his upcoming retirement from Eaton, effective June 1, 2025. Zaire will report to Heath Monesmith, Chief Operating Officer, Electrical Sector, and will join Eaton’s senior leadership team.

This press release features multimedia. View the full release here:

Eaton names Omar Zaire president, Corporate and Electrical Sector, EMEA; Tim Darkes to retire (Photo: Business Wire)

Eaton names Omar Zaire president, Corporate and Electrical Sector, EMEA; Tim Darkes to retire (Photo: Business Wire)

“Tim is an inspirational leader who has contributed significantly to our transformation and growth within the EMEA region,” said Monesmith. "I am grateful for his years of commitment to the team and want to extend my sincere congratulations on his retirement.”

Zaire has 27 years of experience in the electrical industry, with 16 of those years at Eaton. He is currently the senior vice president and general manager, Power Reliability Division, Electrical Sector, Americas. Since joining Eaton, he has held numerous leadership roles of increasing responsibility across the world, including the role of general manager of Eaton’s Jundiai, Sao Paulo, site and as the vice president and general manager of the Latin America region of Electrical Sector Americas. Prior to Eaton, Zaire held sales and leadership roles at Rockwell Automation, Weidmann Electrical and ABB.

He holds a bachelor’s degree in electrical engineering from Instituto Mauá de Tecnologia in São Paulo, Brazil, and an executive MBA from the University of Richmond, Virginia, USA.

Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. We make products for the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re accelerating the planet’s transition to renewable energy sources, helping to solve the world’s most urgent power management challenges, and building a more sustainable society for people today and generations to come.

Eaton was founded in 1911 and has been listed on the New York Stock Exchange for more than a century. We reported revenues of $23.2 billion in 2023 and serve customers in more than 160 countries. For more information, visit . Follow us on .

EN
06/11/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Eaton Corp. Plc

Moody's Ratings says Eaton Corporation's ratings unaffected by propose...

Moody's Ratings (Moody's) said that Eaton Corporation's (Eaton) ratings are unaffected by the proposed acquisition of Ultra PCS Limited (Ultra PCS), for approximately $1.55 billion. Ultra PCS designs and manufactures control systems and solutions for military and civilian aircraft, including for saf...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Expecting a Test of All-Time Highs The market remains relentlessly strong, shrugging off the latest "bearish" headline regarding Moody's U.S. debt downgrade on Friday. This is exactly what we would expect to happen in a bull market, particularly during this "lockout rally," and helps confirm our bullish outlook. To recap, we have been short-term bullish since our 4/22/25 Compass -- when the SPX was testing 5100-5120 support -- but we upgraded our intermediate-term outlook to bullish as well, as...

Eaton Corp Plc: 1 director

A director at Eaton Corp Plc sold 9,103 shares at 330.894USD and the significance rating of the trade was 71/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly ...

 PRESS RELEASE

Eaton named one of the World’s Most Ethical Companies® for the 14th ti...

CLEVELAND--(BUSINESS WIRE)-- Intelligent power management company Eaton (NYSE:ETN) has again received the 2025 recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. Grounded in Ethisphere’s proprietary Ethics Quotient®, the annual assessment requires companies to provide 240+ proof points on practices supporting ethics and compliance, governance, culture, environmental and social impact and initiatives supporting a strong value chain. The data undergoes further qualitative analysis by Ethisphere’s panel of experts who spend thousand...

 PRESS RELEASE

Eaton signs agreement to acquire Fibrebond Corporation, expanding reac...

DUBLIN--(BUSINESS WIRE)-- Intelligent power management company Eaton (NYSE:ETN) today announced it has signed an agreement to acquire Fibrebond Corporation, a designer and builder of pre-integrated modular power enclosures for data center, industrial, utility and communications customers. Under the terms of the agreement, Eaton will pay $1.4 billion for the acquisition of Fibrebond, which is expected to generate $110 million of estimated 2025 adjusted EBITDA. “Fibrebond is known for its engineering capabilities and customer focus in the industries they serve, including the multi-tenant data c...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch