home · filing · 0001193125-22-269129
8-K filed October 26, 2022, 7:59 PM ET
ticker PH
CIK 0000076334
leadership
confidence high
sentiment neutral
materiality 0.65
Parker Hannifin CEO Tom Williams to retire Jan 1, 2023; COO Jennifer Parmentier to succeed
Parker-Hannifin Corp
Thomas L. Williams to retire as CEO effective Jan 1, 2023; becomes Executive Chairman until Dec 31, 2023.
Jennifer A. Parmentier, current COO, elected CEO effective Jan 1, 2023; also joins Board as director.
Andrew D. Ross appointed COO effective Jan 1, 2023; previously VP/President of Fluid Connectors Group.
Parmentier's base salary raised from $900K to $1.3M; LTIP award shares granted for 2021-23 and 2022-24 periods.
Williams' base salary as Executive Chairman reduced to $375K from $1.5M; outstanding equity awards continue vesting.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Role change
Thomas L. Williams
Executive Chairman
PH ·
Parker-Hannifin Corp
Effective 2023-01-01
Successor Jennifer A. Parmentier
Filed October 26, 2022, 7:59 PM ET
After the Transition Date and prior to his retirement from the Board, Mr. Williams will be designated Executive Chairman.
Appointed
Jennifer A. Parmentier
Member of the Board
PH ·
Parker-Hannifin Corp
Effective 2023-01-01
Filed October 26, 2022, 7:59 PM ET
approved the appointment of Ms. Parmentier as a member of the Board, effective on the Transition Date.
Appointed
Andrew D. Ross
Chief Operating Officer
PH ·
Parker-Hannifin Corp
Effective 2023-01-01
Filed October 26, 2022, 7:59 PM ET
the Board elected Andrew D. Ross, age 55, as Chief Operating Officer, effective on the Transition Date.
Role change
Jennifer A. Parmentier
Chief Executive Officer
PH ·
Parker-Hannifin Corp
Effective 2023-01-01
Successor Andrew D. Ross
Filed October 26, 2022, 7:59 PM ET
the Board elected Jennifer A. Parmentier, age 55, as Chief Executive Officer, effective on the Transition Date.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Thomas L. Williams changed role as Executive Chairman at Parker-Hannifin Corp.
Action designated
Role Executive Chairman
Exact text from the filing
After the Transition Date and prior to his retirement from the Board, Mr. Williams will be designated Executive Chairman.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jennifer A. Parmentier was appointed as Member of the Board at Parker-Hannifin Corp.
Action appointed
Role Member of the Board
Exact text from the filing
approved the appointment of Ms. Parmentier as a member of the Board, effective on the Transition Date.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Andrew D. Ross was elected as Chief Operating Officer at Parker-Hannifin Corp.
Action elected
Role Chief Operating Officer
Exact text from the filing
the Board elected Andrew D. Ross, age 55, as Chief Operating Officer, effective on the Transition Date.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jennifer A. Parmentier was elected as Chief Executive Officer at Parker-Hannifin Corp.
Action elected
Role Chief Executive Officer
Exact text from the filing
the Board elected Jennifer A. Parmentier, age 55, as Chief Executive Officer, effective on the Transition Date.
View on SEC.gov
Source: SEC EDGAR
accession 0001193125-22-269129
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