Parker Announces Retirement of Vice President

Robin J. Davenport

CLEVELAND, May possibly 03, 2022 (World NEWSWIRE) — Parker Hannifin Company (NYSE:PH), the world-wide leader in motion and regulate systems, right now introduced that Robin J. Davenport, Vice President – Company Finance, will retire powerful December 31, 2022, after 19 a long time of committed company to the corporation.

“Robin must acquire satisfaction in all she has completed in the course of her profession and virtually two decades with Parker,” said Todd Leombruno, Executive Vice President and Chief Economic Officer. “As a company finance leader, Robin not only served as Parker’s principal make contact with to the investment local community but helped lead the company via many phases of advancement and enlargement, navigate durations of economic recession, correctly total a number of multi-billion-dollar acquisitions and in the long run realize record economical overall performance. We are grateful for her contributions and skillful leadership.”

Davenport joined Parker in 2004 as Vice President of Business Organizing and Enhancement. In that function she oversaw around 60 strategic transactions incorporating additional than $3.5 billion in annualized revenues. In 2014, Davenport was appointed Vice President – Company Finance with direct accountability for Parker’s world treasury, corporate credit, trader relations, chance administration and economics functions, along with enterprise planning and improvement. In addition to augmenting Parker’s money allocation strategy, Davenport instilled rigorous acquisition and integration procedures, foremost corporate finance on the finished acquisitions of CLARCOR, LORD Company, and Unique Metals Forming Business and the pending acquisition of Meggitt plc, all with a mixed $6.5 billion in yearly income. Davenport also championed the start of Peer W, Parker’s initial business enterprise source team targeted on attracting and creating girls leaders through career pathing, mentoring and networking. Underneath her steerage, Peer W has grown from a nearby pilot to a absolutely developed world-wide community with chapters in additional than 30 nations around the world.

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Just before becoming a member of Parker, Davenport was Vice President, Business enterprise Enhancement and Preparing for CNH Funds Company (previously Circumstance Funds Corporation). Prior to CNH, she was Vice President and Regional Senior Lending Officer for Firstar Company (now U.S. Bank).

Davenport at the moment serves on the Board of Standex Intercontinental Company (NYSE:SXI) and is a member of the audit committee. She also is a board member for the Cleveland Leadership Middle, serves on the Finance Committee of the Larger Cleveland Foodbank, and is Chair of the Makers Alliance Trader Relations Council. She is member of the Nationwide Trader Relations Institute, Economical Executives Worldwide and In Counsel with Women. Formerly, she served on the boards of the Cleveland Institute of Art, Gordon Square Arts District, In Counsel with Girls and St. Joseph’s Academy.

About Parker Hannifin
Parker Hannifin is a Fortune 250 global chief in movement and manage systems. For much more than a century the organization has been enabling engineering breakthroughs that lead to a improved tomorrow. Parker has amplified its annual dividend per share paid out to shareholders for 66 consecutive fiscal many years, between the major five longest-managing dividend-maximize information in the S&P 500 index. Master much more at www.parker.com or @parkerhannifin.

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Make contact with: Media – Aidan Gormley, Director, Global Communications and Branding 216/896-3258 [email protected]