Craig Arnold makes $24 million from Eaton stake
The recent surge builds on an earlier gain of $43.57 million from Sept. 6 to Oct. 23, when the value of his holdings climbed from $210.04 million to $253.6 million.
The recent surge builds on an earlier gain of $43.57 million from Sept. 6 to Oct. 23, when the value of his holdings climbed from $210.04 million to $253.6 million.
Electrical and aerospace segments propel growth, vehicle sales lag, CEO Arnold confident as profitability rises 24 percent.
Eaton maintains a quarterly dividend of $0.94 per share following record Q2 earnings, underscoring long-term growth and shareholder commitment.
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Arnold’s stake in Eaton Corporation has experienced a $5.04-million boost in the market value, thanks to the recent rise in the company’s stock price.
The Arnold-led intelligent power management company benefited from robust demand in its Electrical Americas segment.
This setback follows a period of notable loss of $6.2 million between April 5 and 13, when Arnold’s stake in Eaton decreased from $170.89 million to $164.68 million.
The award recognizes Eaton’s $200-million-plus investments in clean energy projects and workforce training across facilities in Texas and Wisconsin.
The market value of Arnold’s stake in the company has declined by $6.21 million over the past eight days, dropping from $170.89 million on April 5 to $164.68 million.
Arnold, recognized as one of America’s leading executives, holds a beneficial 0.13-percent stake in the power management company, or 517,061 shares.