BEACHWOOD, Ohio—Power management company Eaton Corp. said it has named Joao V. Faria as president of its Vehicle Group, effective May 1.
He succeeds Kenneth F. Davis, who will retire on Aug. 1, Eaton said in a news release.
Faria will report to Uday Yadav, chief operating officer of Eaton's Industrial Sector. In his new role, Faria will be responsible for Eaton's vehicle business, which makes engine air management, traction control, fluid conveyance and powertrain products for passenger and commercial vehicles.
Yadav said in a statement that Faria's "deep knowledge of our vehicle businesses, coupled with his broad Eaton experience in both hydraulics and electrical, make him an ideal candidate to lead our team at a time when our industry is undergoing significant change."
In 2013, Faria was appointed to his current dual role leading the Electrical business in Latin America and serving as the corporate president for South and Central America. Prior to that, he was president, Hydraulics Business, Americas.
Faria joined Eaton in 1987 as a materials engineer at the Valinhos, Brazil, truck plant. He holds master's degrees in engineering and business administration from the University of São Paulo and a degree in materials engineering from São Carlos Federal University, also in Brazil.
Davis has served as president of the Vehicle Group since 2011. He joined Eaton in 1986 as a Dallas-based territory manager for the company's Midwest region.
From May 1 until his retirement in August, Davis will work on strategic initiatives for the Industrial Sector, according to the release.
Eaton, based in Dublin, Ireland, with North American headquarters in Beachwood, had sales last year of $19.7 billion. It has 95,000 employees and sells products to customers in more than 175 countries.