Robin J. Davenport
CLEVELAND, May possibly 03, 2022 (World NEWSWIRE) — Parker Hannifin Corporation (NYSE:PH), the worldwide chief in motion and control systems, now introduced that Robin J. Davenport, Vice President – Corporate Finance, will retire effective December 31, 2022, following 19 yrs of dedicated company to the firm.
“Robin should really choose delight in all she has accomplished all through her occupation and approximately two many years with Parker,” claimed Todd Leombruno, Govt Vice President and Main Financial Officer. “As a company finance chief, Robin not only served as Parker’s main call to the expenditure local community but assisted guide the enterprise by way of various phases of advancement and expansion, navigate periods of economic recession, efficiently total many multi-billion-dollar acquisitions and finally realize record financial general performance. We are grateful for her contributions and skillful leadership.”
Davenport joined Parker in 2004 as Vice President of Company Organizing and Development. In that role she oversaw approximately 60 strategic transactions adding far more than $3.5 billion in annualized revenues. In 2014, Davenport was appointed Vice President – Corporate Finance with direct responsibility for Parker’s worldwide treasury, company credit rating, investor relations, hazard management and economics functions, together with business setting up and improvement. In addition to augmenting Parker’s money allocation system, Davenport instilled arduous acquisition and integration procedures, primary corporate finance on the concluded acquisitions of CLARCOR, LORD Company, and Unique Metals Forming Organization and the pending acquisition of Meggitt plc, all with a combined $6.5 billion in annual income. Davenport also championed the launch of Peer W, Parker’s first organization useful resource team centered on attracting and building ladies leaders by job pathing, mentoring and networking. Under her steerage, Peer W has developed from a area pilot to a absolutely formulated world wide community with chapters in a lot more than 30 countries.
Just before joining Parker, Davenport was Vice President, Small business Progress and Scheduling for CNH Capital Company (formerly Scenario Funds Company). Prior to CNH, she was Vice President and Regional Senior Lending Officer for Firstar Company (now U.S. Bank).
Davenport presently serves on the Board of Standex Global 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 Larger Cleveland Foodbank, and is Chair of the Manufacturers Alliance Trader Relations Council. She is member of the Countrywide Trader Relations Institute, Economical Executives Intercontinental and In Counsel with Ladies. Earlier, she served on the boards of the Cleveland Institute of Art, Gordon Sq. Arts District, In Counsel with Women of all ages and St. Joseph’s Academy.
About Parker Hannifin
Parker Hannifin is a Fortune 250 global chief in motion and control technologies. For more than a century the business has been enabling engineering breakthroughs that lead to a improved tomorrow. Parker has amplified its yearly dividend for each share compensated to shareholders for 66 consecutive fiscal several years, between the top rated five longest-working dividend-improve records in the S&P 500 index. Find out much more at www.parker.com or @parkerhannifin.
Contact: Media – Aidan Gormley, Director, Global Communications and Branding 216/896-3258 [email protected]