Parker Hannifin announced that Lee C. Banks, Vice Chairman and President and a Director, will retire on December 31, 2023, after 32 years of dedicated service to the company. Andrew Ross, currently Chief Operating Officer, has been elected by the Board of Directors as President and Chief Operating Officer, effective January 1, 2024.
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Read More on PH:
- Parker Declares Quarterly Cash Dividend
- Parker Announces Retirement of Vice Chairman and President Lee C. Banks and Election of Chief Operating Officer Andrew D. Ross as President
- Parker Announces Retirement of Executive Chairman Thomas L. Williams and Election of Jennifer A. Parmentier as Chairman of the Board
- Parker to Webcast Annual Meeting of Shareholders on October 25 at 9:00 a.m. Eastern
- Parker-Hannifin price target lowered to $425 from $465 at Wells Fargo
