Eaton Names Jonsson CTO
CLEVELAND (AP) -- Diversified industrial manufacturer Eaton Corp. said Friday it named Lennart Jonsson executive vice president and chief technology officer.
Jonsson joined Eaton in its Powerware acquisition in 2004 and served as a senior engineering manager. He was named vice president of technology and chief technology officer for the Electrical Group in 2007.
Shares of Eaton rose $1.37, or 2 percent, to $71.53 in midday trading.