John David Eaton
- For other people named John Eaton, see John Eaton (disambiguation).
John David Eaton (4 October 1909 – 4 August 1973) was the second son of Sir John Craig Eaton and Lady Eaton of Toronto.
Eaton's grandfather was Timothy Eaton, founder of the now defunct T. Eaton Company department stores (better known as Eaton's). John David's Father, Sir John Craig, took on the role as president of the company when Timothy died in 1907.
John David Eaton grew up in Toronto, on a large estate overlooking the city. The home was called Ardwold. His mother, Lady Eaton (Flora McCrea Eaton), was a Toronto society matron, and hosted many major functions at Ardwold.
John Craig Eaton died in 1922, and since none of his children were old enough to take over the company at his death, John Craig's cousin, and John David's uncle, Robert Young Eaton, took over the presidency, a position which Lady Eaton would for the next 10 years groom her own son for.
Because Sir John had 2 sons who could have taken over Eaton's of Canada, Timothy Craig and John David, a codicil had been eventually put in his will that a 'contest' would determine which of the two boys would get the company. Timothy was sent to the Winnipeg store and John went to Montreal. They ran their individual stores for 1 year at which time a determination was made as to who had done the better job. It was hands down for John. Timothy was given a sum of money, approx. C$2 million, as compensation for not getting the presidency and control of the company. He was also given a life-long store credit of 10% on purchases. Timothy moved to England and became a bon vivant with the horses and hounds in Newmarket Hertfordshire prior to WWII. He spent nearly all the money or loaned it out to others who never paid him back. He kept a small black book with the loans in it for the rest of his life. Eventually he was called into the Eaton's export headquarters in London and he was read the 'riot act'. He was going broke. His inheritance was running out. He was put on a short leash and sent back to Canada where he married his 1st wife,an Eaton saleswoman. He was given a strict yearly pay out and eventually his inheritance returned to its former amount through company administered investments. The saleswoman divorced him and he married his 2nd wife, Georgina. They moved to Aurora Ont. to Yonge St. N. across from St. Andrews College. Georgie died of cancer and Timothy moved once again to England and married for the 3rd time. He had no children. He died in 1986 and is buried in the Eaton's Mausoleum in the Mount Pleasant Cemetery in Toronto with his parent and siblings.
John David Eaton was 33, when he became president of Eaton's. He predeceased his brother Tim in 1973. Control of the company then went to John David's sons who ran it until it closed in 1999.