CLEVELAND, Feb. 14 /PRNewswire-FirstCall/ -- Parker Hannifin Corporation (NYSE: PH) today announced management appointments involving two of its operating groups: Fluid Connectors and Automation.
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Bob Bond is promoted to president of the Fluid Connectors Group, replacing Tom Mackie, who is retiring. Bond began his Parker career 28 years ago and has held a number of positions in Parker including General Manager of the Quick Coupling Division and Group Vice President of Operations for the Fluid Connectors Group. Most recently, he held the position of Automation Group President. Bond is a graduate of the Canadian Institute of Management and completed the Advanced Management Program at Harvard University.
Roger Sherrard succeeds Bond as president of the Automation Group. Sherrard joined Parker in 1989 and served in a variety of manufacturing and sales positions prior to being promoted to General Manager of the Automation Actuator Division. His most recent position was president of the Instrumentation Group. Sherrard earned his Mechanical Engineering undergraduate degree from Georgia Institute of Technology and his MBA from Case Western Reserve University.
"Both Bob and Roger have exceptional track records of growing key Parker businesses," said President and Chief Operating Officer Nick Vande Steeg. "The experience they bring to their new positions will help Parker continue to achieve profitable growth."
Bond said, "I am honored to lead Parker's Fluid Connectors business and look forward to building on the Group's success in offering customers value- added solutions and growing our markets globally."
Sherrard commented, "I am very pleased to have the opportunity to serve in this position. The Group's focus will continue to be on positioning Parker as the leader in pneumatic and electromechanical automation technologies and systems."
With annual sales exceeding $7 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 48,000 people in 46 countries around the world. 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
02/14/2005
CONTACT: Jennifer Eaton - Corp. Communications, +1-216-896-2895, or jeaton@parker.com , or Financial Analysts, Pamela Huggins, Vice President - Treasurer, +1-216-896-2240, or phuggins@parker.com , both of Parker Hannifin Corporation
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