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Parker-Hannifin Corporation (PH)

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Parker-Hannifin Corporation

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

SectorIndustrial Goods
IndustryIndustrial Equipment & Components
Full Time Employees

Key Executives

NameTitlePayExercisedAge
Mr. Thomas L. WilliamsChairman & CEO3.02MN/A58
Mr. Lee C. BanksPres, COO & Director2.18MN/A54
Mr. Joseph R. LeontiVP, Gen. Counsel & Sec.1.35MN/A45
Mr. Andrew M. WeeksVP & Pres of Motion Systems Group1.2MN/A54
Ms. Catherine A. SueverCFO, PAO and Exec. VP of Fin. & Admin.N/AN/A59
Amounts are as of December 31, 2016 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 in two segments, Diversified Industrial and Aerospace Systems. The Diversified Industrial segment provides pneumatic, fluidic, and electromechanical components and systems; static and dynamic sealing devices; 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; hydraulic components and systems for builders and users of industrial and mobile machinery and equipment; and critical flow components for process instrumentation, healthcare, and ultra-high-purity applications, as well as components for use in refrigeration and air conditioning systems, and in fluid control applications for processing, fuel dispensing, beverage dispensing, and mobile emissions. This segment sells its products to original equipment manufacturers and their replacement markets in manufacturing, packaging, processing, transportation, mobile 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, including control actuation systems and components, engine systems and components, fluid conveyance systems and components, fuel systems and components, fuel tank inserting systems, hydraulic systems and components, lubrication components, power conditioning and management systems, thermal management, and wheels and brakes. This segment markets its products directly to original equipment manufacturers and end users. The company markets its products through direct-sales employees, independent distributors, and sales representatives. Parker-Hannifin Corporation was formerly known as Parker Appliance Company and changed its name to Parker-Hannifin Corporation in 1957. Parker-Hannifin Corporation was founded in 1917 and is based in Cleveland, Ohio.

Corporate Governance

Parker-Hannifin Corporation’s ISS Governance QualityScore as of August 1, 2017 is 7. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 8; Compensation: 5.

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.