---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-269129"
form_type: "8-K"
ticker: "PH"
cik: "0000076334"
company_name: "Parker-Hannifin Corp"
filed_at: "2022-10-26T23:59:59+00:00"
generated_at: "2026-06-23T01:00:56.181833+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Parker Hannifin CEO Tom Williams to retire Jan 1, 2023; COO Jennifer Parmentier to succeed

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-22-269129
- form_type: 8-K
- ticker: PH
- cik: 0000076334
- company_name: Parker-Hannifin Corp
- filed_at: 2022-10-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/76334/000119312522269129/0001193125-22-269129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/76334/000119312522269129/d417708d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-269129
- JSON: https://secwatch.observer/filing/0001193125-22-269129.json
- Plain text: https://secwatch.observer/filing/0001193125-22-269129.txt

## Key facts
- Executive change
  Thomas L. Williams changed role as Executive Chairman at Parker-Hannifin Corp.
  - Action: designated
  - Role: Executive Chairman
  source text: After the Transition Date and prior to his retirement from the Board, Mr. Williams will be designated Executive Chairman.
  evidence_url: https://www.sec.gov/Archives/edgar/data/76334/000119312522269129/0001193125-22-269129-index.htm
- Executive change
  Jennifer A. Parmentier was appointed as Member of the Board at Parker-Hannifin Corp.
  - Action: appointed
  - Role: Member of the Board
  source text: approved the appointment of Ms. Parmentier as a member of the Board, effective on the Transition Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/76334/000119312522269129/0001193125-22-269129-index.htm
- Executive change
  Andrew D. Ross was elected as Chief Operating Officer at Parker-Hannifin Corp.
  - Action: elected
  - Role: Chief Operating Officer
  source text: the Board elected Andrew D. Ross, age 55, as Chief Operating Officer, effective on the Transition Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/76334/000119312522269129/0001193125-22-269129-index.htm
- Executive change
  Jennifer A. Parmentier was elected as Chief Executive Officer at Parker-Hannifin Corp.
  - Action: elected
  - Role: Chief Executive Officer
  source text: the Board elected Jennifer A. Parmentier, age 55, as Chief Executive Officer, effective on the Transition Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/76334/000119312522269129/0001193125-22-269129-index.htm

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