Alexander M. Cutler was the CEO of Eaton Corporation until 2016. He started working at Eaton in 1975 and climbed the ranks to lead the company. During his tenure, he emphasized performance-based pay, aiming to align his interests with the...
Alexander M. Cutler was the CEO of Eaton Corporation until 2016. He started working at Eaton in 1975 and climbed the ranks to lead the company. During his tenure, he emphasized performance-based pay, aiming to align his interests with the shareholders. His total compensation peaked at over $20 million in certain years, reflecting his role in boosting the company’s earnings and cash flow. At the time of his retirement, he owned nearly 500,000 shares of Eaton stock, worth over $143 million, which illustrates his deep connection to the company’s success. One of his notable leadership tactics was using company aircraft for personal travel mainly for security, marking his commitment to efficiency and safety. His time at Eaton is remembered for creating shareholder value and guiding the company through various economic ups and downs.