Parker Hannifin Corporation
Parker-Hannifin Director Kevin A. Lobo to Step Down
Summary
On March 13, 2026, Kevin A. Lobo, a director of Parker-Hannifin Corporation since 2013, announced that he will not stand for reelection to the Company's Board of Directors at the 2026 Annual Meeting of Shareholders. Lobo's decision is due to his election to the Board of Directors of GE HealthCare Technologies Inc. and is not a result of any disagreement with Parker-Hannifin's operations, policies, or practices. He will continue to serve until the expiration of his current term.
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About Parker Hannifin Corporation
Parker Hannifin Corporation is a leading manufacturer in the motion and control technology sector, playing a pivotal role in the development and production of components and systems that enable precise fluid and pneumatic controls. The company operates through various segments, including aerospace, automation, and filtration, making significant contributions to industries as diverse as manufacturing, transportation, and healthcare. Known for its innovation, Parker Hannifin develops products such as hydraulic systems, electromechanical systems, and pneumatic solutions, all aimed at enhancing operational efficiency and sustainability. Headquartered in Mayfield Heights, Ohio, the corporation's extensive global reach, with operations in over 50 countries, underscores its vital role in serving critical infrastructure and facilitating industrial automation worldwide. Its vast product portfolio and commitment to technological advancement position Parker Hannifin as an essential player in supporting industrial processes and meeting the needs of various sectors focused on efficiency and reliability.
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