Parker Announces Retirement of Vice President

Robin J. Davenport

CLEVELAND, May well 03, 2022 (Globe NEWSWIRE) — Parker Hannifin Corporation (NYSE:PH), the world-wide leader in motion and handle systems, nowadays introduced that Robin J. Davenport, Vice President – Company Finance, will retire efficient December 31, 2022, right after 19 years of focused assistance to the company.

“Robin must get delight in all she has accomplished during her vocation and approximately two many years with Parker,” said Todd Leombruno, Government Vice President and Main Economic Officer. “As a company finance chief, Robin not only served as Parker’s principal contact to the expenditure group but helped direct the enterprise via many phases of expansion and expansion, navigate periods of financial economic downturn, efficiently complete numerous multi-billion-dollar acquisitions and finally reach report monetary general performance. We are grateful for her contributions and skillful management.”

Davenport joined Parker in 2004 as Vice President of Organization Preparing and Progress. In that purpose she oversaw approximately 60 strategic transactions introducing far more than $3.5 billion in annualized revenues. In 2014, Davenport was appointed Vice President – Corporate Finance with direct obligation for Parker’s global treasury, corporate credit history, trader relations, chance administration and economics functions, alongside with enterprise setting up and improvement. In addition to augmenting Parker’s money allocation approach, Davenport instilled demanding acquisition and integration processes, main corporate finance on the finished acquisitions of CLARCOR, LORD Company, and Unique Metals Forming Organization and the pending acquisition of Meggitt plc, all with a merged $6.5 billion in annual profits. Davenport also championed the launch of Peer W, Parker’s to start with business useful resource team centered on attracting and creating women leaders by occupation pathing, mentoring and networking. Under her assistance, Peer W has grown from a nearby pilot to a thoroughly created world-wide community with chapters in additional than 30 international locations.

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Just before signing up for Parker, Davenport was Vice President, Organization Improvement and Arranging for CNH Cash Corporation (formerly Scenario Capital Corporation). Prior to CNH, she was Vice President and Regional Senior Lending Officer for Firstar Corporation (now U.S. Financial institution).

Davenport at present 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 Heart, serves on the Finance Committee of the Better Cleveland Foodbank, and is Chair of the Makers Alliance Trader Relations Council. She is member of the Countrywide Trader Relations Institute, Fiscal Executives International and In Counsel with Ladies. Formerly, she served on the boards of the Cleveland Institute of Artwork, Gordon Square Arts District, In Counsel with Women and St. Joseph’s Academy.

About Parker Hannifin
Parker Hannifin is a Fortune 250 world wide chief in motion and command technologies. For additional than a century the corporation has been enabling engineering breakthroughs that direct to a much better tomorrow. Parker has greater its annual dividend per share paid to shareholders for 66 consecutive fiscal decades, between the leading five longest-jogging dividend-raise information in the S&P 500 index. Learn a lot more at www.parker.com or @parkerhannifin.

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Get in touch with: Media – Aidan Gormley, Director, World wide Communications and Branding 216/896-3258 aidan.gormley@parker.com