COVID Stimulus Watch Individual Entry
Recipient Company:
Eaton Corp
Loan or Loan Guarantee Amount:
$1,047,933
Recipient Details
Ownership Structure: publicly traded (ticker symbol ETN)
Award Details
Award Date: Dec 3, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Eaton
Headquartered in: Ireland
Parent Sector: industrial equipment
Parent Industry: industrial equipment
Employees (prior to pandemic): 101,000
Accountability Issues Since 2010
Employment-related Penalties: $81,367
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $937,445
Good Jobs First has no data in this category
Ratio of CEO Pay to that of Median Worker: 346 to 1
CEO Compensation: $19,962,364
Worker Median Pay: $57,712
Total Federal, State, and Local Subsidies: $151,722,764
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