Cooper Industries

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Learn more about Pete Peterson-funded astroturf projects at the Fix the Debt Portal.

Campaign to Fix the Debt
Company Profile
Company Name Cooper Industries
CEO Name Kirk Hachigian
CEO Compensation $21,128,672
CEO Retirement Assets $4,421,060
Underfunded Company Pension -$137,300,000
Annual Company Revenue $5,409,000,000
Territorial Tax Break $3,500,000
Federal Lobbying/Political Donations ('09-'12*) $740,000
Click here for sources.
2011 data unless otherwise noted.
©2013 Center for Media and Democracy

Cooper Industries plc describes itself as "a diversified global manufacturer of electrical components and tools, with 2011 revenues of $5.4 billion."[1] Founded in 1833, Cooper Industries has seven operating divisions producing electrical and electronic fuses, explosion-proof electrical equipment, lighting fixtures, and power systems products.[1]

On November 30, 2012, Eaton Corporation acquired Cooper Industries. Cooper ordinary shares are no longer traded on the New York Stock Exchange.[2]

Ties to Pete Peterson's "Fix the Debt"

The Campaign to Fix the Debt is the latest incarnation of a decades-long effort by former Nixon man turned Wall Street billionaire Pete Peterson to slash earned benefit programs such as Social Security and Medicare under the guise of fixing the nation's "debt problem."

This article is part of the Center for Media and Democracy's investigation of Pete Peterson's Campaign to "Fix the Debt." Please visit our main SourceWatch page on Fix the Debt.

About Fix the Debt
The Campaign to Fix the Debt is the latest incarnation of a decades-long effort by former Nixon man turned Wall Street billionaire Pete Peterson to slash earned benefit programs such as Social Security and Medicare under the guise of fixing the nation's "debt problem." Through a special report and new interactive wiki resource, the Center for Media and Democracy -- in partnership with the Nation magazine -- exposes the funding, the leaders, the partner groups, and the phony state "chapters" of this astroturf supergroup. Learn more at PetersonPyramid.org and in the Nation magazine.


Directors

As of January 2013:[3]

  • Stephen G. Butler -- Director since 2002
  • James J. Postl -- Director since 2003
  • Ivor J. Evans -- Director since 2003
  • Dan F. Smith -- Director since 1998
  • Kirk S. Hachigian-- Director since 2004
  • Gerald B. Smith -- Director since 2000
  • Linda A. Hill -- Director since 1994
  • Mark S. Thompson -- Director since 2007
  • Lawrence D. Kingsley -- Director since 2007


Contact details

Cooper US, Inc.
600 Travis Street
Suite 5600
Houston, Texas 77002-1001


Mailing Address:
P O Box 4446
Houston, Texas 77210-4446
Phone: (713) 209-8400

Corporate Headquarters:
Cooper Industries plc
Unit F10
Maynooth Business Campus
Maynooth, Ireland
website: www.cooperindustries.com

Articles and resources

Featured SourceWatch Articles on Fix the Debt


References

  1. 1.0 1.1 Cooper, "Company Overview", organization website, accessed January 21, 2013
  2. Cooper, "Investor Overview", organization website, accessed January 21, 2013
  3. Cooper, “Directors”, organization website, accessed January 2013
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