Robin J. Davenport
CLEVELAND, May well 03, 2022 (Globe NEWSWIRE) — Parker Hannifin Company (NYSE:PH), the global chief in movement and regulate technologies, now announced that Robin J. Davenport, Vice President – Corporate Finance, will retire effective December 31, 2022, right after 19 many years of devoted service to the business.
“Robin must get satisfaction in all she has attained all through her profession and nearly two many years with Parker,” claimed Todd Leombruno, Govt Vice President and Chief Monetary Officer. “As a corporate finance leader, Robin not only served as Parker’s most important get in touch with to the expense group but served lead the corporation through numerous phases of growth and growth, navigate durations of financial recession, successfully complete numerous multi-billion-greenback acquisitions and in the end achieve file monetary general performance. We are grateful for her contributions and skillful leadership.”
Davenport joined Parker in 2004 as Vice President of Organization Setting up and Development. In that job she oversaw about 60 strategic transactions adding a lot more than $3.5 billion in annualized revenues. In 2014, Davenport was appointed Vice President – Corporate Finance with guide obligation for Parker’s world wide treasury, corporate credit score, trader relations, risk management and economics features, along with business scheduling and advancement. In addition to augmenting Parker’s cash allocation system, Davenport instilled demanding acquisition and integration procedures, major company finance on the done acquisitions of CLARCOR, LORD Corporation, and Unique Metals Forming Organization and the pending acquisition of Meggitt plc, all with a blended $6.5 billion in yearly earnings. Davenport also championed the start of Peer W, Parker’s first business enterprise source group centered on attracting and developing women of all ages leaders by occupation pathing, mentoring and networking. Under her assistance, Peer W has developed from a community pilot to a completely created global community with chapters in much more than 30 nations.
In advance of joining Parker, Davenport was Vice President, Company Enhancement and Planning for CNH Money Corporation (previously Case Funds Corporation). Prior to CNH, she was Vice President and Regional Senior Lending Officer for Firstar Corporation (now U.S. Lender).
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 Centre, serves on the Finance Committee of the Bigger Cleveland Foodbank, and is Chair of the Producers Alliance Trader Relations Council. She is member of the National Investor Relations Institute, Money Executives Global and In Counsel with Women of all ages. Formerly, she served on the boards of the Cleveland Institute of Art, Gordon Square Arts District, In Counsel with Gals and St. Joseph’s Academy.
About Parker Hannifin
Parker Hannifin is a Fortune 250 global leader in motion and manage systems. For additional than a century the enterprise has been enabling engineering breakthroughs that lead to a greater tomorrow. Parker has elevated its once-a-year dividend per share paid to shareholders for 66 consecutive fiscal a long time, among the leading 5 longest-running dividend-raise records in the S&P 500 index. Discover a lot more at www.parker.com or @parkerhannifin.
Get in touch with: Media – Aidan Gormley, Director, Worldwide Communications and Branding 216/896-3258 [email protected]