Andrew D. Ross
President & Chief Operating Officer
Operations
4 reports
Parker-Hannifin Corporation ·PH
Industrials · Fortune #215 · Divisional structure · 61K employees · Cleveland, OH
Sourced from Parker-Hannifin Corporation DEF 14A · filed 2025-09-19 ↗ View on SEC
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Download the CSV data insteadParker‑Hannifin runs a highly decentralized divisional structure where most operational authority flows through the President & COO rather than the CEO. This page maps the executive team, major divisions, governance context, recent leadership changes, and how Parker compares with industrial peers.
What to model
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Announced March 13, 2026 that he will not stand for reelection at the 2026 Annual Meeting.
Source · See change logThe people
5 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
President & Chief Operating Officer
Operations
4 reports
Chairman of the Board & Chief Executive Officer
Executive
17 reports
Executive Vice President & Chief Financial Officer
Finance
3 reports
Vice President & President, Fluid Connectors Group
Fluid Connectors Group
3 reports
Executive Vice President, General Counsel & Secretary
Legal
3 reports
The pay
From the most recent DEF 14A Summary Compensation Table. 2 named executive officers disclosed. Bar length scales with total compensation.
The businesses
3 divisions report into the group CEO. Tile size scales with estimated headcount.
20K employees
President & COO (Andrew D. Ross)
Designs and manufactures motion and control systems for commercial and defense aerospace markets.
30K employees
President & COO (Andrew D. Ross)
Provides hydraulic, pneumatic, and electromechanical solutions across industrial markets.
8K employees
VP & President (Patrick M. Scott)
Produces engineered connectors and fluid systems serving transportation and industrial customers.
The thesis
Parker‑Hannifin’s most distinctive feature is how much operating power sits with the President & COO in a deeply decentralized divisional model.
The COO oversees the bulk of day‑to‑day execution across aerospace and motion systems while divisional presidents retain P&L accountability.
The CEO’s direct span is intentionally modest, with only five direct reports, reflecting a philosophy of pushing authority down into groups rather than centralizing it at headquarters. Finance and legal remain lean corporate functions, while operational complexity is absorbed by divisions.
This structure aligns with Parker’s long‑standing Win Strategy and explains its resilience across cycles: strategic direction and capital allocation are centralized, but execution authority is widely distributed.
The comparison
Compared with peers like Eaton and Honeywell, Parker‑Hannifin is more decentralized and gives its COO a broader operational remit. Honeywell and 3M maintain heavier corporate overlays, while Parker relies more on autonomous group leadership. Relative to Emerson or Rockwell Automation, Parker’s CEO span is narrower and …
Current signals
The most notable recent change is Kevin Lobo’s decision to step down from the board in 2026, alongside the 2025 addition of Beth Wozniak as a new independent director.
Announced March 13, 2026 that he will not stand for reelection at the 2026 Annual Meeting.
SourceYear-over-year executive structure based on SEC proxy and annual filings.
Stable executive team with continued emphasis on divisional leadership.
Lean C-suite prior to Fluid Connectors leadership elevation.
Early phase of Parmentier’s CEO tenure.
Leadership titles evolved with no major structural change.
Addition of a divisional president increased CEO span modestly.
The board
3 directors. 2 of 3 independent (67%). Source: most recent DEF 14A.
Chairman & CEO, Parker-Hannifin
Former CEO, AK Steel
Also on: CSX Corporation
Chair & CEO, nVent Electric
Also on: nVent Electric
The board, organized
2 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.
Jennifer A. Parmentier has served as Chairman and CEO since 2022.
Parker-Hannifin operates a decentralized divisional structure with strong group-level autonomy.
The CEO has four primary direct reports in the current structure.
Recent changes include the 2025 election of Beth Wozniak to the board and Kevin Lobo’s planned departure in 2026.
Yes. Andrew D. Ross serves as President and Chief Operating Officer and oversees most operating divisions.
Reference
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
Creately. (2026). Parker-Hannifin Corporation organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/parker-hannifin/"Parker-Hannifin Corporation Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/parker-hannifin/. Accessed .Creately. "Parker-Hannifin Corporation Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/parker-hannifin/.Parker-Hannifin Corporation. DEF 14A. Filed 2025-09-19. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/76334/000130817925000603/ph-20250919.htmPermanent URL: https://creately.com/org-chart/fortune-500/parker-hannifin/ · last updated 2026-04-01