Parker Hannifin Corporation, a global leader in motion and control technologies, announced that Lee C. Banks, Vice Chairman and President and a Director, will retire on December 31, 2023, after 32 years of dedicated service to the company. Andrew D. Ross, currently Chief Operating Officer, has been elected by the Board of Directors as President and Chief Operating Officer, effective January 1, 2024.
Mr. Banks has been in his current role as Vice Chairman and President since 2021. He was elected to the Board in 2015 in the role of President and Chief Operating Officer. Prior to that, he was an Operating Officer of the company since 2006 with leadership responsibility for the Filtration, Engineered Materials, Instrumentation, Climate and Industrial Controls, Hydraulics, Fluid Connectors and Automation product groups and the Europe, Middle East and Africa, and Latin America regional groups. Previously, Mr. Banks was the President of Parker’s Hydraulics and Instrumentation product groups and was Vice President of Operations in the Climate and Industrial Controls Group. He began his career with Parker in 1991 as an Aftermarket Sales Manager and has also held increasingly responsible positions within sales and operations management including several division general manager positions.
Mr. Ross became Chief Operating Officer in 2022. He previously served as Vice President and President – Fluid Connectors Group starting in 2015, and as Vice President and President – Engineered Materials Group from 2012 to 2015. Prior to those roles, since joining Parker in 1998 as a Product Manager, Mr. Ross has held various roles of progressing responsibility including Vice President of Sales and Marketing and General Manager while in the Engineered Materials Group, and General Manager and Vice President of Operations while in the Motion Systems Group.
Courtesy of Parker Hannifin.