Parker Announces Retirement of Vice President

Robin J. Davenport

CLEVELAND, Could 03, 2022 (Globe NEWSWIRE) — Parker Hannifin Company (NYSE:PH), the world wide chief in motion and handle systems, today declared that Robin J. Davenport, Vice President – Corporate Finance, will retire powerful December 31, 2022, just after 19 decades of dedicated provider to the enterprise.

“Robin really should just take pleasure in all she has completed throughout her occupation and practically two many years with Parker,” explained Todd Leombruno, Executive Vice President and Main Money Officer. “As a corporate finance chief, Robin not only served as Parker’s principal contact to the expenditure local community but served guide the corporation via a number of phases of expansion and enlargement, navigate intervals of economic recession, properly total quite a few multi-billion-greenback acquisitions and eventually achieve document economical general performance. We are grateful for her contributions and skillful leadership.”

Davenport joined Parker in 2004 as Vice President of Organization Preparing and Enhancement. In that purpose she oversaw around 60 strategic transactions adding far more than $3.5 billion in annualized revenues. In 2014, Davenport was appointed Vice President – Company Finance with lead duty for Parker’s world treasury, corporate credit score, investor relations, threat administration and economics features, along with organization planning and improvement. In addition to augmenting Parker’s money allocation approach, Davenport instilled arduous acquisition and integration processes, top company finance on the accomplished acquisitions of CLARCOR, LORD Corporation, and Exotic Metals Forming Business and the pending acquisition of Meggitt plc, all with a combined $6.5 billion in annual income. Davenport also championed the launch of Peer W, Parker’s to start with business useful resource team focused on attracting and creating ladies leaders as a result of profession pathing, mentoring and networking. Under her assistance, Peer W has developed from a area pilot to a totally made international network with chapters in a lot more than 30 nations.

Tale carries on

Ahead of joining Parker, Davenport was Vice President, Small business Advancement and Planning for CNH Cash Corporation (previously Scenario Funds Company). Prior to CNH, she was Vice President and Regional Senior Lending Officer for Firstar Company (now U.S. Financial institution).

Davenport at the moment serves on the Board of Standex International Corporation (NYSE:SXI) and is a member of the audit committee. She also is a board member for the Cleveland Leadership Centre, serves on the Finance Committee of the Better Cleveland Foodbank, and is Chair of the Companies Alliance Trader Relations Council. She is member of the Nationwide Trader Relations Institute, Economic Executives International and In Counsel with Women. Beforehand, she served on the boards of the Cleveland Institute of Art, Gordon Square Arts District, In Counsel with Women and St. Joseph’s Academy.

About Parker Hannifin
Parker Hannifin is a Fortune 250 world wide leader in movement and regulate systems. For a lot more than a century the business has been enabling engineering breakthroughs that guide to a better tomorrow. Parker has increased its annual dividend for each share paid to shareholders for 66 consecutive fiscal years, between the prime 5 longest-operating dividend-maximize documents in the S&P 500 index. Study extra at www.parker.com or @parkerhannifin.

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Contact: Media – Aidan Gormley, Director, Worldwide Communications and Branding 216/896-3258 aidan.gormley@parker.com