Alexander Cutler
Alexander Cutler
Alexander 'Sandy' Cutler is the former chairman and chief executive officer of Eaton Corporation, retiring on May 31, 2016 after a 41 year career with the company. Prior to his appointment as chairman and CEO, Cutler served as Eaton’s president and chief operating officer...
abruptly both business collective customers depressed economic faced few further hesitation immediate impact industrial markets persist september signs struggling suddenly time tragedy
The economic impact of this tragedy has been immediate and, we believe, will persist for some time to come, ... Eaton was already struggling with depressed industrial markets that showed few signs of immediate recovery...After September 11, business slowed abruptly and sharply, further impacted both by transportation-related interruptions in our 'just-in-time' industrial economy, and by the collective hesitation of our customers faced with a suddenly uncertain, and riskier, future.
cockpit decision integrated interior lead move necessary niche position rapidly response segment systems toward vehicle
This decision was a difficult, but necessary one for us, ... The vehicle interior segment is rapidly consolidating in response to the industry-wide move toward integrated cockpit systems solutions. As a niche player, we are not in a position to lead this consolidation.