Parker Announces Retirement of Vice President
Robin J. Davenport
CLEVELAND, May well 03, 2022 (World NEWSWIRE) — Parker Hannifin Corporation (NYSE:PH), the global leader in motion and management technologies, right now declared that Robin J. Davenport, Vice President – Corporate Finance, will retire efficient December 31, 2022, immediately after 19 years of focused service to the firm.
“Robin need to get delight in all she has achieved throughout her vocation and just about two a long time with Parker,” stated Todd Leombruno, Government Vice President and Main Economical Officer. “As a corporate finance chief, Robin not only served as Parker’s main get in touch with to the expense group but aided lead the enterprise by many phases of expansion and expansion, navigate periods of economic recession, successfully total many multi-billion-greenback acquisitions and in the end reach history economic functionality. We are grateful for her contributions and skillful management.”
Davenport joined Parker in 2004 as Vice President of Organization Preparing and Enhancement. In that job she oversaw around 60 strategic transactions incorporating far more than $3.5 billion in annualized revenues. In 2014, Davenport was appointed Vice President – Company Finance with guide responsibility for Parker’s world treasury, corporate credit, trader relations, possibility administration and economics functions, alongside with organization preparing and improvement. In addition to augmenting Parker’s money allocation approach, Davenport instilled rigorous acquisition and integration processes, top company finance on the concluded acquisitions of CLARCOR, LORD Corporation, and Unique Metals Forming Corporation and the pending acquisition of Meggitt plc, all with a merged $6.5 billion in yearly income. Davenport also championed the start of Peer W, Parker’s very first organization source team targeted on attracting and producing women of all ages leaders by way of vocation pathing, mentoring and networking. Less than her steering, Peer W has developed from a regional pilot to a absolutely designed world network with chapters in extra than 30 nations.
In advance of becoming a member of Parker, Davenport was Vice President, Enterprise Enhancement and Scheduling for CNH Funds Company (previously Case Capital Company). Prior to CNH, she was Vice President and Regional Senior Lending Officer for Firstar Corporation (now U.S. Bank).
Davenport now serves on the Board of Standex International Corporation (NYSE:SXI) and is a member of the audit committee. She also is a board member for the Cleveland Leadership Heart, serves on the Finance Committee of the Bigger Cleveland Foodbank, and is Chair of the Suppliers Alliance Investor Relations Council. She is member of the Countrywide Trader Relations Institute, Fiscal Executives Global and In Counsel with Ladies. Previously, she served on the boards of the Cleveland Institute of Art, Gordon Square Arts District, In Counsel with Ladies and St. Joseph’s Academy.
About Parker Hannifin
Parker Hannifin is a Fortune 250 international leader in movement and management systems. For a lot more than a century the company has been enabling engineering breakthroughs that direct to a far better tomorrow. Parker has elevated its annual dividend for every share compensated to shareholders for 66 consecutive fiscal decades, amongst the best 5 longest-managing dividend-enhance data in the S&P 500 index. Discover a lot more at www.parker.com or @parkerhannifin.
Make contact with: Media – Aidan Gormley, Director, World Communications and Branding 216/896-3258 [email protected]