Eaton Names Paulo Ruiz President and COO Effective September 2, 2024

August 15, 2024

 The Board of Directors of intelligent power management company Eaton named Paulo Ruiz president and chief operating officer of Eaton and a member of the board of directors, effective September 2, 2024. Ruiz will be appointed chief executive officer of Eaton on June 1, 2025. He succeeds Craig Arnold, who will retire on May 31, 2025, having reached Eaton’s mandatory officer retirement age of 65. Mr. Arnold has been Eaton’s chairman and chief executive officer since June 2016. 

Ruiz

“Our entire board is thrilled to congratulate Paulo on his promotion,” said Page. “Eaton’s strong position today is due to the mission-driven culture, strategic direction, and operational excellence that define the company. Paulo’s deep operations expertise and strong global manufacturing background make him uniquely qualified to lead Eaton through the next phase of the company’s growth.”

“Paulo’s experience overseeing critical aspects of our portfolio transformation and driving profitability in our operations has been critical in positioning our company for sustained growth,” said Arnold. “I’m proud to work with him and our team of passionate leaders to guide Eaton through this inflection point in our company’s long history. I have full confidence in Paulo’s ability to lead the enterprise into the future.”

Paulo Ruiz, 49, has been president and chief operating officer of the Industrial Sector since July 2022. In this role, Ruiz is responsible for the company’s Aerospace, Vehicle, eMobility, Filtration and Golf Pride businesses, as well as the company’s operations in the Asia-Pacific, Central and South American regions. Previously, Paulo was president of the company’s Americas region of the Energy Solutions and Services business and president of the company’s Hydraulics Group. Before joining Eaton in 2019, Ruiz served in various strategic positions worldwide with Siemens, including chief executive officer of Dresser–Rand – A Siemens Business and operations, commercial and engineering positions at Fiat.

Ruiz has a master’s degree in business management from Fundação Dom Cabral in Brazil and a bachelor’s degree in electrical engineering from FEI in São Paulo, Brazil. He also completed the post-MBA program at Kellogg School of Management at Fundação Dom Cabral and the Graduate Development Programme with Isvor Fiat in Turin, Italy.

During the transition period, Ruiz will continue to oversee the company’s Industrial Sector, and Heath Monesmith will remain the leader of its Electrical Sector.

“Together, Paulo and Heath bring an extraordinary combination of skills and leadership that are exactly what Eaton needs to accelerate our transformation into the world’s leading power management company,” Arnold said. “We have a deep bench and a strong team of leaders who are poised to guide our enterprise in the years to come.”

Source

Related Articles


Latest Articles


Changing Scene

  • Canada Invests in Deep Energy Retrofits for Affordable Housing in Hamilton

    Canada Invests in Deep Energy Retrofits for Affordable Housing in Hamilton

    March 13, 2025 There is a need and an opportunity for Canada to strengthen energy security and affordability for all Canadians. Canada’s buildings sector is the third-largest contributor to greenhouse gas emissions across the country. By increasing the scale and pace of building retrofits, we can make homes and buildings more energy-efficient and improve reliability in units.  The federal… Read More…

  • Tesla Products Excluded from BC Hydro Incentive Program

    Tesla Products Excluded from BC Hydro Incentive Program

    March 13, 2025 CBC has reported that BC Hydro is excluding Tesla products from their EV charger incentive program. However, products purchased prior to March 12 will still be eligible. “As of March 12, Tesla chargers, energy storage batteries and inverters are not eligible for rebates, according to B.C. Hydro. Those who have purchased or… Read More…

  • Acuity Rebrands and Introduces New Corporate Identity

    Acuity Rebrands and Introduces New Corporate Identity

    March 13, 2025 Acuity Brands, Inc.’s corporate name is changing from Acuity Brands, Inc. to Acuity Inc. effective March 26, 2025. Acuity will continue to operate through two business segments, Acuity Brands Lighting (ABL) and Acuity Intelligent Spaces (AIS), formerly Intelligent Spaces Group (ISG). They will continue trading on the New York Stock Exchange under the ticker symbol “AYI”. “Acuity is positioned for long term growth…. Read More…

  • IDEAL Electrical™ Unveils Fresh, Modern Brand Identity

    IDEAL Electrical™ Unveils Fresh, Modern Brand Identity

    March 7, 2025 IDEAL Electrical was the first company to obtain a patent to make and sell wire connectors in the United States 96 years ago this month – and today IDEAL® announces a modern look for the brand, which captures the company’s spirit of relentless innovation and the optimistic future of the electrical trade. … Read More…