One of America’s richest Black CEOs sees $46.7 million drop in Eaton stake
Over the past 23 days, the market value of his holdings has dropped by $44.86 million as investors pulled back from the stock.
Craig Arnold
One of America’s richest Black executives leads Eaton to $24.9 billion sales in 2024
This was driven by robust organic sales, particularly within the company’s Electrical Americas, Electrical Global and Aerospace segments.
Craig Arnold’s Eaton stake hits $255 million, solidifying his place among America’s richest Black executives
Eaton’s growth is also reflected in its strong financial results, including a 9-month net sales increase of 8.18 percent year-over-year.
Craig Arnold-led Eaton wins $20 million contract for New York semiconductor hub
The 50,000-square-foot cleanroom facility, set for completion by 2026, will enhance capabilities in semiconductor research, development, and commercialization.
Craig Arnold makes $69.1 million from Eaton stake in 2024
Eaton CEO Craig Arnold’s 0.14% stake, equivalent to 737,044 shares, has surged by $69.14 million amid a stock rally in 2024.
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.
Eaton posts $18.6 billion in sales in 9M 2024
Electrical and aerospace segments propel growth, vehicle sales lag, CEO Arnold confident as profitability rises 24 percent.
Eaton declares $374-million quarterly dividend amid record earnings
Eaton maintains a quarterly dividend of $0.94 per share following record Q2 earnings, underscoring long-term growth and shareholder commitment.
Craig Arnold's Eaton stake surges above $250 million
Eaton CEO Craig Arnold’s Holdings surge above $250 million amid stock rally.
Craig Arnold, one of America’s top Black CEOs, faces $10.2-million loss
Black CEO Craig Arnold's net worth drops as his stake in the power management company falls below $150 million.
Eaton, led by Black executive Craig Arnold advances regional presence with new office in Egypt
Eaton expands its footprint to the MENA region to address unique needs of the Egyptian market
Eaton under Black executive Craig Arnold deepens AI partnership with Palantir for enhanced efficiency
Eaton’s deepened partnership with Palantir under Craig Arnold is a step forward in the adoption of AI within industrial operations.
One of America’s richest Black CEOs, Craig Arnold gains $5 million from Eaton stake
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.