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MarketScreener Homepage  >  Equities  >  Nyse  >  Eaton Corporation plc    ETN   IE00B8KQN827

EATON CORPORATION PLC

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Eaton : names Bo Yang president of Vehicle Group and eMobility, APAC region

10/13/2020 | 11:05am EST

GALESBURG, Mich. … Power management company Eaton today announced that Bo Yang has been named president, APAC, Vehicle Group and eMobility. In this new role, he will be located in Shanghai, China, and continue to report to João Faria, president, Vehicle Group, Eaton. Yang will expand his responsibilities for the Vehicle and eMobility businesses to include the entire APAC region, with direct oversight for operations, sales performance, market development and revenue growth.

'Bo's had a tremendous impact on our business since joining Eaton,' said Faria. 'His proven track record, combined with his global experience, market knowledge and technical expertise make him the right fit for this role.'

Yang joined Eaton's Vehicle Group in January 2019 as vice president and general manager of China for the Vehicle Group and eMobility. Prior to his time at Eaton, Yang worked for BorgWarner, where he was general manager, Emissions & Thermal Systems, in China. He also spent 14 years with Navistar in the U.S. and China, where he held various leadership positions. He began his career with the Ford Motor Company as a research engineer in Detroit, Michigan.

Yang holds a master's degree in business administration from the University of Chicago Booth School of Business in Illinois; a master's degree in mechanical engineering from Vanderbilt University in Nashville, Tennessee; and a master's in automotive engineering from Tsinghua University in Beijing, China. He also holds a bachelor's degree in power machinery engineering from Xi'an Jiaotong University in Xi'an, China.

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 2019 revenues were $21.4 billion, and we sell products to customers in more than 175 countries. We have approximately 93,000 employees. For more information, visit www.eaton.com.

Disclaimer

Eaton Corporation plc published this content on 08 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 October 2020 15:04:02 UTC


© Publicnow 2020
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Financials (USD)
Sales 2020 17 761 M - -
Net income 2020 1 416 M - -
Net Debt 2020 7 400 M - -
P/E ratio 2020 35,0x
Yield 2020 2,42%
Capitalization 48 316 M 48 316 M -
EV / Sales 2020 3,14x
EV / Sales 2021 3,01x
Nbr of Employees 92 000
Free-Float 99,8%
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Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 118,55 $
Last Close Price 120,70 $
Spread / Highest target 11,8%
Spread / Average Target -1,78%
Spread / Lowest Target -15,5%
EPS Revisions
Managers
NameTitle
Craig Arnold Chairman & Chief Executive Officer
Richard H. Fearon Vice Chairman, Chief Financial & Planning Officer
William W. Blausey Chief Information Officer & Senior Vice President
Ramanath Ramakrishnan Chief Technology Officer & Executive VP
Gerald Bernard Smith Independent Director
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