Former Chairman & Chief Executive Officer, Eaton
Search every verified Craig Arnold interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In a June 2020 appearance on CNBC's "Squawk Alley," Craig Arnold, chairman and CEO of Eaton, discussed the company's approach to leadership diversity and broader trends in corporate representation. Arnold stated that Eaton has a "long-standing commitment to inclusion and diversity," noting that 50% of its board and global leadership team are women or minorities. He attributed this progress to the company's values-based culture, which he said was established under prior leadership, and acknowledged that such changes "took time." Arnold also addressed national diversity metrics, saying that while women's board representation increased by 10 percentage points over the past 12 years, minority representation rose by only about 2 points. He described African-American board representation as having increased by only half a point over the same period, and cited a Center for Talent Innovation finding that African Americans hold roughly 3.2% of senior leadership roles, a figure he said is "largely unchanged" over a decade. Arnold noted that he was one of six African-American CEOs of large U.S. companies, a number he said had not improved since 2002, when there were seven. He concluded that "society and corporations need to do better" on racial diversity.
Craig Arnold describes the importance of developing talent throughout the organization. He also shares his views regarding the importance of strong HR leaders to help drive business success through the intersection of strategy, talent and culture.
Craig Arnold, Chairman and Chief Executive Officer of Eaton and At-Large Board Member of the Business Roundtable, on developing the workforce through Pell Grants: “[Workforce development] is obviously a complex problem that can’t be fixed overnight, but a relatively simple change would be to increase the use of Pell Grants. I’d urge policymakers to increase the amount of Pell Grant funding awarded to students at trade schools… I’d also add that Pell Grant eligibility could also be extended to high-quality short-term education and training programs targeted to those areas where the nation h…
Craig Arnold, Chairman and CEO of Eaton, shares a message from The Diversity Center of Northeast Ohio's 67th Annual Humanitarian Award Celebration.
Craig Arnold, chairman and CEO of Eaton, joins "Squawk Alley" to discuss racial inequality and calls to diversify boardrooms. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2JdMwO7 » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the la…
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Hydraulic Supply Company 70th Anniversary - Eaton CEO Craig Arnold.
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