The Eaton Corporation is a diversified industrial manufacturer with annual sales of more than $11 billion. The company is a worldwide leader in electrical systems and components for power quality, distribution and control; fluid power systems and services for industrial, mobile and aircraft equipment; and automotive engine air management systems, powertrain solutions and specialty controls for performance, fuel economy and safety. It has nearly 60,000 employees and sells products to customers in more than 125 countries. Once known as a vehicle components supplier, the company has diversified to include an industrial and commercial focus. Eatons businesses comprise a number of segments that include electrical, fluid power, truck and automotive. The company is a leader in electrical control, power distribution, uninterruptible power systems and industrial automation products and services. Alexander M. Cutler has been the chief executive officer of Eaton for more than six years. He has been with the capital goods firm for over 31 years. Cutler earned a BA from Yale, and a MBA from Dartmouth College. Eaton Corporation is headquartered in Cleveland.