---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-246081"
form_type: "8-K"
ticker: "PH"
cik: "0000076334"
company_name: "Parker-Hannifin Corp"
filed_at: "2021-08-13T23:59:59+00:00"
generated_at: "2026-06-29T12:04:50.263321+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Parker Hannifin appoints Banks Vice Chairman & President, Parmentier COO

## Summary
- Lee C. Banks, previously President and COO, elevated to Vice Chairman and President effective Aug 9, 2021.
- Jennifer A. Parmentier, formerly VP & President-Motion Systems Group, named Chief Operating Officer.
- Parmentier's base salary raised to $750,000; bonus targets and LTIP awards increased.
- No changes to Banks' compensation in connection with his new role.
- Neither officer is party to any related-party transaction under Item 404(a).

## SEC filing metadata
- accession: 0001193125-21-246081
- form_type: 8-K
- ticker: PH
- cik: 0000076334
- company_name: Parker-Hannifin Corp
- filed_at: 2021-08-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/76334/000119312521246081/0001193125-21-246081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/76334/000119312521246081/d196075d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-246081
- JSON: https://secwatch.observer/filing/0001193125-21-246081.json
- Plain text: https://secwatch.observer/filing/0001193125-21-246081.txt

## Key facts
- Executive change
  Jennifer A. Parmentier was elected as Chief Operating Officer at Parker-Hannifin Corp.
  - Action: elected
  - Role: Chief Operating Officer
  source text: On August 9, 2021, the Board of Directors of Parker-Hannifin Corporation (the “Company”) elected Lee C. Banks, age 58, to a new role as the Vice Chairman and President of the Company and Jennifer A. Parmentier, age 54, to the role of Chief Operating Officer, in each case effective August 9, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/76334/000119312521246081/0001193125-21-246081-index.htm
- Executive change
  Lee C. Banks was elected as Vice Chairman and President at Parker-Hannifin Corp.
  - Action: elected
  - Role: Vice Chairman and President
  source text: On August 9, 2021, the Board of Directors of Parker-Hannifin Corporation (the “Company”) elected Lee C. Banks, age 58, to a new role as the Vice Chairman and President of the Company and Jennifer A. Parmentier, age 54, to the role of Chief Operating Officer, in each case effective August 9, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/76334/000119312521246081/0001193125-21-246081-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.