Parker-Hannifin Corporation (PH)

324.66 +3.79 (+1.18%) At close: 04:00PM EDT

Parker-Hannifin Corporation

6035 Parkland Boulevard
Cleveland, OH 44124-4141
United States
216 896 3000
https://www.parker.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full Time Employees: 55,090

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Thomas L. Williams	Exec. Chairman	5.32M	14.28M	1959
Ms. Jennifer A. Parmentier	CEO & Director	2.57M	N/A	1967
Mr. Lee C. Banks	Vice Chairman & Pres	3.38M	N/A	1963
Mr. Todd M. Leombruno	Exec. VP & CFO	2.18M	N/A	1970
Mr. Andrew D. Ross	Chief Operating Officer	N/A	N/A	1967
Ms. Robin J. Davenport	VP of Corp. Fin.	N/A	N/A	1962
Mr. Mark T. Czaja	VP of Chief Technology & Innovation Officer	N/A	N/A	1962
Mr. Dinu J. Parel	VP and Chief Digital & Information Officer	N/A	N/A	1981
Mr. Joseph R. Leonti	VP, Gen. Counsel & Sec.	N/A	N/A	1972
Mr. Aidan Gormley	Director of Global Communications & Branding	N/A	N/A	N/A

Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments, Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors, which control, transmit, and contain fluid; control solutions for extreme corrosion resistance, temperatures, pressures, and precise flow; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment. This segment sells its products to original equipment manufacturers (OEMs) and distributors who serve the replacement markets in manufacturing, packaging, processing, transportation, construction, refrigeration and air conditioning, agricultural, and military machinery and equipment industries. The Aerospace Systems segment offers products for use in commercial and military airframe and engine programs, such as control actuation systems and components, engine build-up ducting, engine exhaust nozzles and assemblies, engine systems and components, fluid conveyance systems and components, fuel systems and components, fuel tank inerting systems, hydraulic systems and components, lubrication components, pilot controls, pneumatic control components, thermal management products, and wheels and brakes, as well as fluid metering, delivery, and atomization devices. This segment markets its products directly to OEMs and end users. The company markets its products through direct-sales employees, independent distributors, and sales representatives. The company was founded in 1917 and is headquartered in Cleveland, Ohio.

Corporate Governance

Parker-Hannifin Corporation’s ISS Governance QualityScore as of March 1, 2023 is 6. The pillar scores are Audit: 3; Board: 5; Shareholder Rights: 8; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.