Agilent Replaces CFO With Eaton Chief

Agilent Technologies Inc., a maker of electronics-testing and measurement equipment, said it’s replacing Chief Financial Officer Robert Walker with Eaton Corp. CFO Adrian Dillon.

Walker, 51, said he decided several months ago to step down, though the company held off in announcing his departure until it had found a successor. He’ll stay at Agilent, which last year was spun off from Hewlett-Packard Co., through early December to ease the transition.

Agilent, whose shares have fallen 55% this year, announced the change as it struggles to return to profitability.

Agilent shares fell 16 cents to $24.64 on the New York Stock Exchange. Eaton shares fell $1.07 to $67.09 on the NYSE.