CLEVELAND, Aug. 15 /PRNewswire-FirstCall/ -- Parker Hannifin
Corporation (NYSE: PH), the global leader in motion and control
technologies, today announced the promotion of Dana A. Dennis to Senior
Vice President - Finance, and Jon P. Marten to Vice President and Corporate
Controller, following their appointment by the company's Board of
Directors.
(Logo: http://www.newscom.com/cgi-bin/prnh/19990816/PHLOGO )
Dennis has served as Vice President and Corporate Controller since
1999. Marten, Assistant Controller since April 2007, will assume Dennis's
responsibilities for internal and external financial controls and
reporting, planning and analysis. Both will report to Timothy K. Pistell,
Executive Vice President - Finance and Administration and Chief Financial
Officer.
"We are pleased to have such capable people and long-term Parker
leaders as Dana and Jon to step into these important roles," said Don
Washkewicz, Chairman of the Board, Chief Executive Officer and President.
Parker today also announced other executive promotions. Lee C. Banks,
Robert P. Barker, and Thomas L. Williams have each been named Executive
Vice President and Operating Officer. Previously, they served as Senior
Vice President and Operating Officer. Barker will also remain in his role
as the President of Parker's Aerospace Group. They will continue to report
to Chief Executive Officer, Don Washkewicz.
With annual sales exceeding $12 billion, Parker Hannifin is the world's
leading diversified manufacturer of motion and control technologies and
systems, providing precision-engineered solutions for a wide variety of
commercial, mobile, industrial and aerospace markets. The company employs
more than 61,000 people in 48 countries around the world. Parker has
increased its annual dividends paid to shareholders for 52 consecutive
years, among the top five longest-running dividend-increase records in the
S&P 500 index. For more information, visit the company's web site at
http://www.parker.com, or its investor information site at
http://www.phstock.com.
SOURCE Parker Hannifin Corporation
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Related links:
http://www.phstock.com
Photo Notes:http://www.newscom.com/cgi-bin/prnh/19990816/PHLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Media - Christopher M. Farage - Vice
President, Corp. Communications, +1-216-896-2750,
cfarage@parker.com, or Financial Analysts - Pamela Huggins, Vice
President & Treasurer, +1-216-896-2240, phuggins@parker.com, both
of Parker Hannifin Corporation
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