Parker Announces Retirement of Vice President
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Robin J. Davenport
CLEVELAND, May 03, 2022 (Globe NEWSWIRE) — Parker Hannifin Company (NYSE:PH), the world wide chief in movement and control systems, today introduced that Robin J. Davenport, Vice President – Corporate Finance, will retire powerful December 31, 2022, soon after 19 yrs of dedicated support to the company.
“Robin need to just take pride in all she has achieved throughout her profession and almost two a long time with Parker,” reported Todd Leombruno, Govt Vice President and Main Money Officer. “As a company finance leader, Robin not only served as Parker’s key get in touch with to the investment neighborhood but aided lead the firm by many phases of growth and growth, navigate intervals of economic recession, efficiently total a number of multi-billion-dollar acquisitions and in the long run obtain document economic general performance. We are grateful for her contributions and skillful management.”
Davenport joined Parker in 2004 as Vice President of Business enterprise Arranging and Development. In that position she oversaw close to 60 strategic transactions including a lot more than $3.5 billion in annualized revenues. In 2014, Davenport was appointed Vice President – Company Finance with lead obligation for Parker’s international treasury, corporate credit, trader relations, chance administration and economics capabilities, along with company preparing and development. In addition to augmenting Parker’s cash allocation tactic, Davenport instilled demanding acquisition and integration processes, primary company finance on the accomplished acquisitions of CLARCOR, LORD Company, and Exotic Metals Forming Organization and the pending acquisition of Meggitt plc, all with a mixed $6.5 billion in yearly profits. Davenport also championed the launch of Peer W, Parker’s to start with business enterprise source group focused on attracting and developing women leaders through job pathing, mentoring and networking. Below her steerage, Peer W has grown from a local pilot to a totally made world network with chapters in much more than 30 nations.
Right before becoming a member of Parker, Davenport was Vice President, Business enterprise Improvement and Setting up for CNH Funds Company (formerly Scenario Capital Corporation). Prior to CNH, she was Vice President and Regional Senior Lending Officer for Firstar Company (now U.S. Financial institution).
Davenport at the moment serves on the Board of Standex International Company (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 Increased Cleveland Foodbank, and is Chair of the Brands Alliance Trader Relations Council. She is member of the Nationwide Trader Relations Institute, Economic Executives Global and In Counsel with Gals. Formerly, she served on the boards of the Cleveland Institute of Art, Gordon Sq. Arts District, In Counsel with Women and St. Joseph’s Academy.
About Parker Hannifin
Parker Hannifin is a Fortune 250 world wide chief in motion and regulate technologies. For a lot more than a century the company has been enabling engineering breakthroughs that direct to a much better tomorrow. Parker has enhanced its yearly dividend for each share paid out to shareholders for 66 consecutive fiscal many years, among the the top rated five longest-jogging dividend-improve data in the S&P 500 index. Discover extra at www.parker.com or @parkerhannifin.
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Contact: Media – Aidan Gormley, Director, Global Communications and Branding 216/896-3258 [email protected]
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