CEO Salary & Executive Compensation
Eaton Corporation ETN
CEO: Craig Arnold · Electrical Equipment · 92,000 employees
Craig Arnold, CEO of Eaton Corporation (ETN), earned $12.0M in total compensation in 2025. Eaton Corporation receives a Pay-for-Performance grade of C (62/100), with a CEO-to-worker pay ratio of 160:1 and a say-on-pay shareholder approval of 92.8%. The company's 3-year total shareholder return is -1.1%.
How Eaton Corporation CEO Pay Compares
Craig Arnold's $12.0M total compensation is 0% below the Electrical Equipment industry median of $12.0M. The 160:1 CEO-to-worker pay ratio is 0% lower than the industry average of 160:1.
Eaton Corporation (ETN) disclosed $12.0M in CEO compensation for Craig Arnold. The package is structured for retention plus performance alignment, with equity awards taking the largest share.
The CEO-to-median-worker pay ratio is 160x, meaning Craig Arnold's $12.0M total comp is roughly that many times the median $75,000 earned by Eaton Corporation workers. The ratio is in the mid-range of S&P 500 disclosures and reflects the standard public-company compensation structure. Performance has been muted across the three-year window: -1.1% TSR, 2.5% revenue change. Stagnant performance combined with substantial CEO pay is the classic setup for proxy-advisor opposition on say-on-pay votes.
Say-on-pay support was strong at 93%. The Dodd-Frank-mandated advisory vote on executive compensation passes at most U.S. public companies with comfortable margins; meaningful dissent typically requires either pay-performance misalignment or specific governance concerns. Eaton Corporation operates in Electrical Equipment with 92,000 employees and $23.2B in annual revenue, and currently carries a market capitalization of $130.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.
Source: SEC EDGAR — DEF 14A proxy statements for Eaton Corporation (ETN).
Compensation Breakdown
Craig Arnold's $12.0M total compensation package for fiscal year 2025 includes $1.2M in base salary, $6.0M in stock awards, $1.4M in option awards, and $1.8M in bonus and non-equity incentives.
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2024 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2023 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2022 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.
Named Executive Officers
Craig Arnold, CEO of Eaton Corporation (ETN), earns $12.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Frequently Asked Questions
Craig Arnold, CEO of Eaton Corporation (ETN), earns $12.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Eaton Corporation has a Pay-for-Performance Score of C (62/100). The company's 3-year total shareholder return is -1.1%, and the say-on-pay shareholder vote passed with 92.8% approval.
The CEO-to-median-worker pay ratio at Eaton Corporation is 160:1. The median worker at Eaton Corporation earns $75K per year, while CEO Craig Arnold earns $12.0M in total compensation.
Eaton Corporation employs approximately 92,000 people. The company operates in the Electrical Equipment industry within the Industrials sector, generating $23.2B in annual revenue.