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Parker Announces Group Management Appointments

February 11, 2000

CLEVELAND, Feb. 11 /PRNewswire/ -- Parker Hannifin Corporation (NYSE: PH) today announced five management appointments involving four operating groups: Hydraulics, Filtration, Automation and Latin America.

Marwan Kashkoush is named president of the Hydraulics Group, replacing Don Washkewicz, who was promoted last week to the corporate position of president and chief operating officer. Kashkoush, who began his career at Parker in 1977 after graduating from New York State University College with a degree in industrial technology, was previously president of Parker's hydraulics business in Europe. He has an executive MBA from Michigan State University.

E.R. "Jerry" Hall is named vice president of operations for the Hydraulics Group. Previously president of the company's Latin America Group, Hall is being tapped to lead integration efforts in the recent acquisition of Gresen Hydraulics and the planned merger with Youngstown-based Commercial Intertech. Hall is a 21-year Parker veteran with broad experience in hydraulics. He has a degree in industrial engineering from LeTourneau University in Texas.

A. Ricardo Machado replaces Hall as president of the Latin America Group. Machado joined Parker eight years ago, and previously was general manager of the company's Automation Division in Brazil. With this move, the company said it will move the group headquarters from Cleveland, Ohio to Jacarei, Brazil. Machado has an ME degree from the University of Campinas, and a business administration degree from the Pontifical Catholic University.

John Oelslager is named president of the Filtration Group, effective March 1. A 33-year Parker veteran with in-depth experience in hydraulic filtration, Oelslager currently is president of the Automation Group. This move coincides with the company's efforts to accelerate the growth of the Filtration Group, and capitalize on opportunities in ongoing industry consolidation. Oelslager has a degree in business administration from Purdue University.

Bob Bond will replace Oelslager as president of the Automation Group on March 1. Bob started his career with Parker in 1977, and currently is vice president of operations for the Fluid Connectors Group. He has held a number of key management positions in that group, and has coordinated fluid connectors operations in Europe and Asia. Bond recently completed the Advanced Management Program at Harvard University.

"We are fortunate at Parker to have the management depth to pursue new opportunities from a position of great strength," said Don Washkewicz, president and chief operating officer. "With the integration of Gresen already under way and Commercial Intertech pending in the Hydraulics Group, we are putting our very best leaders in place to achieve the growth we have planned, including in Latin America. These new businesses bring even greater capacity to offer system solutions to our customers -- breadth that's truly unrivaled in our industry. And we also have an opportunity for breakout growth in Filtration with John at that helm, and in Automation, with Bob's leadership."

With nearly $5 billion in annual sales, Parker Hannifin Corporation is the world's leading diversified manufacturer of motion and control technologies, providing systematic, precision-engineered solutions for a wide variety of commercial, industrial and aerospace markets. For more information, visit the company's web site at www.parker.com .

SOURCE Parker Hannifin Corporation

/NOTE TO EDITORS: Photos available. Please call contact./

CONTACT: Media, Lorrie Paul Crum, VP - Corp. Communications, 216-896-2750, or Financial Analysts, Timothy K. Pistell, Treasurer, 216-896-2130, both of Parker Hannifin Corporation/

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