Parker Announces Retirement of Vice President

Robin J. Davenport

CLEVELAND, May perhaps 03, 2022 (Globe NEWSWIRE) — Parker Hannifin Company (NYSE:PH), the worldwide chief in motion and regulate technologies, nowadays announced that Robin J. Davenport, Vice President – Company Finance, will retire productive December 31, 2022, just after 19 yrs of focused provider to the business.

“Robin should really get delight in all she has attained during her job and practically two decades with Parker,” explained Todd Leombruno, Govt Vice President and Main Money Officer. “As a company finance leader, Robin not only served as Parker’s major call to the expense community but served lead the corporation by several phases of progress and expansion, navigate periods of financial recession, effectively full various multi-billion-dollar acquisitions and ultimately reach report economic functionality. We are grateful for her contributions and skillful leadership.”

Davenport joined Parker in 2004 as Vice President of Business enterprise Organizing and Progress. In that function she oversaw somewhere around 60 strategic transactions adding more than $3.5 billion in annualized revenues. In 2014, Davenport was appointed Vice President – Corporate Finance with lead duty for Parker’s world treasury, company credit, investor relations, hazard administration and economics capabilities, along with business enterprise planning and development. In addition to augmenting Parker’s funds allocation approach, Davenport instilled demanding acquisition and integration procedures, major corporate finance on the finished acquisitions of CLARCOR, LORD Corporation, and Unique Metals Forming Corporation and the pending acquisition of Meggitt plc, all with a put together $6.5 billion in yearly revenue. Davenport also championed the start of Peer W, Parker’s first organization resource group focused on attracting and acquiring girls leaders via vocation pathing, mentoring and networking. Less than her steering, Peer W has developed from a nearby pilot to a thoroughly created international community with chapters in much more than 30 countries.

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Just before signing up for Parker, Davenport was Vice President, Small business Advancement and Planning for CNH Funds Company (previously Scenario Cash Corporation). Prior to CNH, she was Vice President and Regional Senior Lending Officer for Firstar Corporation (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 Manufacturers Alliance Investor Relations Council. She is member of the Countrywide Trader Relations Institute, Financial Executives Global and In Counsel with Females. Beforehand, she served on the boards of the Cleveland Institute of Artwork, Gordon Square Arts District, In Counsel with Gals and St. Joseph’s Academy.

About Parker Hannifin
Parker Hannifin is a Fortune 250 world wide leader in motion and handle systems. For more than a century the business has been enabling engineering breakthroughs that lead to a greater tomorrow. Parker has improved its once-a-year dividend per share paid to shareholders for 66 consecutive fiscal yrs, amid the major 5 longest-jogging dividend-maximize records in the S&P 500 index. Understand more at www.parker.com or @parkerhannifin.

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