Eaton Corp plc 8-K, filed Feb 19, 2021
Eaton Corp plc (ETN)
8-K
2021-02-19
For: 2021-02-19
View Original
Added on
April 08, 2026
About this 8-K
Eaton Corp plc filed this 8-K on February 19, 2021.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
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): February 19, 2021
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Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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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 or Rule 12b-2 of the Securities Exchange Act of 1934.
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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
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Item 5.02 Departure of Directors or Principal Officers; Elections of Directors; Appointment of Principal Officers.
On February 19, 2021, Eaton announced that Ken D. Semelsberger, Senior Vice President and Controller, will retire effective March 31, 2021. On the same day, Eaton announced that Daniel Hopgood, age 49, will succeed Mr. Semelsberger as Senior Vice President and Controller upon Mr. Semelsberger’s retirement. Mr. Hopgood will also succeed Mr. Semelsberger as the registrant’s principal accounting officer.
Mr. Hopgood is currently serving as Senior Vice President, Global Financial Systems and Services for Eaton. From September 2013 to September 2017, he was Senior Vice President of Finance and Planning for Eaton’s Industrial Sector and from March 2012 to September 2013 he was Vice President of Finance and Planning for the Vehicle Segment. Prior to that he served in various finance and accounting leadership roles for several industrial companies. Mr. Hopgood is a Certified Public Accountant.
Mr. Hopgood will continue to participate in Eaton’s executive compensation plans and programs, as more fully described in the company’s proxy statement for its Annual General Meeting, dated March 13, 2020.
A copy of the press release issued by the Company on February 19, 2021 is included as Exhibit 99.1 to this Report and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
| Item | Exhibit | |||||||
| 99.1 | ||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURE
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.
| Eaton Corporation plc | |||||||||||
| Date: | February 19, 2021 | By: | /s/ April Miller Boise | ||||||||
| April Miller Boise | |||||||||||
| Executive Vice President and General Counsel | |||||||||||
EXHIBIT 99.1
 | Eaton Communications Eaton Center Cleveland, OH 44122 tel: 440-523-4343 margarethagan@eaton.com |  | ||||||
| Date | February 19, 2021 | ||||
| For Release | Immediately | ||||
| Contact | Margaret Hagan, 440-523-4343 | ||||
Eaton names Daniel Hopgood senior vice president and controller
Ken Semelsberger to retire
DUBLIN, Ireland … Power management company Eaton (NYSE:ETN) today announced that Daniel Hopgood has been named senior vice president and controller effective April 1. He succeeds Ken D. Semelsberger, senior vice president and controller, who will be retiring on March 31.
Hopgood joined Eaton in 2012 as vice president, Finance, Vehicle Segment, and then moved to senior vice president, Finance, Industrial Sector. He has been in his current role for the past three years as senior vice president, Global Financial Services and Systems. Prior to that he served in various finance and accounting leadership roles for several industrial companies. Hopgood is a Certified Public Accountant.
Over the next several weeks, Hopgood and Semelsberger will be working together to ensure a smooth leadership transition.
“Ken’s long experience, knowledge and insights will be greatly missed,” said Rick Fearon, vice chairman and chief financial and planning officer. “He has been a strong partner to me and our leadership team. I wish him well in his retirement.”
Eaton’s mission is to improve the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic, and mechanical power – more safely, more efficiently, and more reliably. Eaton’s 2020 revenues were $17.9 billion, and we sell products to customers in more than 175 countries. We have approximately 92,000 employees. For more information, visit www.eaton.com.
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