CLEVELAND, Feb. 3 /PRNewswire/ -- The Board of Directors of Parker Hannifin Corporation (NYSE: PH) today elected Donald E. Washkewicz, age 49, to the position of President and Chief Operating Officer, effective immediately. With this appointment, he also becomes a director on the company's board.
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In this role, Washkewicz will assume overall responsibility for all of the company's operations, reporting to Parker Chairman and Chief Executive Officer Duane Collins.
Washkewicz's 27-year career at Parker has been marked with distinction, both in technical achievement and successful leadership in two of the company's operating groups, as Vice President of the Fluid Connectors Group and, most recently, President of Parker's Hydraulics Group. A corporate officer since 1997, Washkewicz joined the company upon earning his mechanical engineering degree from Cleveland State University. He later earned his Master of Business Administration at Case Western Reserve.
"Don's engineering background and management skills uniquely qualify him to lead our organization at a time when breakthrough engineering and total-system solutions are the key drivers for market-share gain and profitable growth," said Collins. "Parker's competitive advantage comes in two areas: foremost, our people, and bench strength that provides continuity in management; and second, our business model, which enables us to provide premier customer service with complete capabilities for every kind of motion and control application."
"I am genuinely honored, and looking forward to working with the entire Parker management team to continue to build on the foundation of success we've enjoyed together," Washkewicz said. "Customer service will continue to be job one, and as long as we develop our business with that as our priority, we'll continue to do well."
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
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CONTACT: Media, Lorrie Paul Crum, VP - Corp. Communications, 216-896-2750, or Financial Analysts, Timothy K. Pistell, VP & Treasurer, 216-896-2130, both of Parker-Hannifin Corporation/
