Parker-Hannifin Corporation ·PH

Highly decentralized divisions with a powerful operating COO

Industrials · Fortune #215 · Divisional structure · 61K employees · Cleveland, OH

View as of:
4
CEO span
↓ tighter than peers (avg 8)
3.2
Avg span
moderate
3
Max depth
3 levels
3.4 yr
Avg tenure
stable vs FY2024
100%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-06-30 · 10-K
Revenue
$19.9B
Operating income
$4.3B
Net income
$2.8B
Total assets
$29.5B
Shares out
127M

Sourced from Parker-Hannifin Corporation DEF 14A · filed 2025-09-19 ↗ View on SEC

Interactive org chart

Parker-Hannifin Corporation organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Parker‑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

Use the chart to test org decisions, not just view reporting lines

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.

Latest signal Kevin A. Lobo departed as Director

Announced March 13, 2026 that he will not stand for reelection at the 2026 Annual Meeting.

Source · See change log

Scenario views in the chart

  • Add Chief AI Officer Create a Chief AI Officer role reporting to the CEO to coordinate digital and AI initiatives across decentralized divisions.
  • COO Succession Planning Model the impact of a COO transition by temporarily removing the role to test divisional autonomy.

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The people

Who's running this

5 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

internal

Andrew D. Ross

President & Chief Operating Officer

Operations

6 yr

4 reports

internal

Jennifer A. Parmentier

Chairman of the Board & Chief Executive Officer

Executive

3 yr

17 reports

internal

Todd M. Leombruno

Executive Vice President & Chief Financial Officer

Finance

5 yr

3 reports

internal

Patrick M. Scott

Vice President & President, Fluid Connectors Group

Fluid Connectors Group

2 yr

3 reports

internal

Joseph R. Leonti

Executive Vice President, General Counsel & Secretary

Legal

1 yr

3 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 2 named executive officers disclosed. Bar length scales with total compensation.

Jennifer A. Parmentier $19.3M
Base salary
$1.46M
Stock awards
$6.31M
Option awards
$6.94M
Non-equity incentive
$3.36M
Other
$1.24M
Fiscal year
FY2025
Todd M. Leombruno $7.9M
Base salary
$938K
Stock awards
$1.71M
Option awards
$1.89M
Non-equity incentive
$1.30M
Pension change
$1.48M
Other
$551K
Fiscal year
FY2025

The businesses

How Parker-Hannifin Corporation divides the work

3 divisions report into the group CEO. Tile size scales with estimated headcount.

Aerospace Systems

20K employees

President & COO (Andrew D. Ross)

Designs and manufactures motion and control systems for commercial and defense aerospace markets.

Motion Systems

30K employees

President & COO (Andrew D. Ross)

Provides hydraulic, pneumatic, and electromechanical solutions across industrial markets.

Fluid Connectors Group

8K employees

VP & President (Patrick M. Scott)

Produces engineered connectors and fluid systems serving transportation and industrial customers.

The thesis

Why this org is unusual

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.

  • COO controls most operating divisions
  • Lean corporate center
  • Strong internal promotion culture

The comparison

How Parker-Hannifin Corporation stacks up

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 …

C-suite size

Parker-Hannifin Corporation
5
Eaton
8
3M
9

Reporting depth

Parker-Hannifin Corporation
3 levels
Eaton
5 levels
6 levels
3M
6 levels

Avg C-suite tenure

Parker-Hannifin Corporation
3 yr
Eaton
6 yr
3M
4 yr

Has COO / Has CAIO

Parker-Hannifin Corporation ✓ COO — no CAIO
Eaton ✓ COO — no CAIO
Honeywell — no COO ✓ CAIO
Emerson Electric ✓ COO — no CAIO
3M — no COO — no CAIO
Rockwell Automation — no COO — no CAIO

Current signals

What changed recently

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.

  • departed
    Kevin A. Lobo Director

    Announced March 13, 2026 that he will not stand for reelection at the 2026 Annual Meeting.

    Source
  • new
    Beth A. Wozniak Director

    Elected to the Board effective September 1, 2025.

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
DEF 14A filed 2025-09-19
CEO
Jennifer A. Parmentier
CEO span
4
C-suite
5
Avg tenure
3.2 yr

Stable executive team with continued emphasis on divisional leadership.

Named executive officers (5)
  • Jennifer A. Parmentier - Chairman & CEO since 2022
  • Todd M. Leombruno - EVP & CFO since 2020
  • Andrew D. Ross - President & COO since 2019
  • Joseph R. Leonti - EVP, General Counsel since 2025
  • Patrick M. Scott - VP & President, Fluid Connectors Group since 2023
FY2024
DEF 14A filed 2024-09-20
CEO
Jennifer A. Parmentier
CEO span
3
C-suite
4
Avg tenure
3 yr

Lean C-suite prior to Fluid Connectors leadership elevation.

Named executive officers (4)
  • Jennifer A. Parmentier - CEO since 2022
  • Todd M. Leombruno - CFO since 2020
  • Andrew D. Ross - COO since 2019
  • Joseph R. Leonti - General Counsel since 2014
FY2023
DEF 14A filed 2023-09-22
CEO
Jennifer A. Parmentier
CEO span
3
C-suite
4
Avg tenure
2.8 yr

Early phase of Parmentier’s CEO tenure.

Named executive officers (4)
  • Jennifer A. Parmentier - CEO since 2022
  • Todd M. Leombruno - CFO since 2020
  • Andrew D. Ross - COO since 2019
  • Joseph R. Leonti - General Counsel since 2014

Year-over-year changes

FY2023 → FY2024

Leadership titles evolved with no major structural change.

  • CEO span: 3 → 3
  • C-suite size: 4 → 4
  • Avg tenure: 2.8 → 3 yr
  • retitled Jennifer A. Parmentier - Chairman & CEO (was CEO) (DEF 14A, 2024-09-20)
FY2024 → FY2025

Addition of a divisional president increased CEO span modestly.

  • CEO span: 3 → 4
  • C-suite size: 4 → 5
  • Avg tenure: 3 → 3.2 yr
  • new Patrick M. Scott - VP & President, Fluid Connectors Group (DEF 14A, 2025-09-19)

The board

Board of directors

3 directors. 2 of 3 independent (67%). Source: most recent DEF 14A.

Jennifer A. Parmentier

Chair Inside

Chairman & CEO, Parker-Hannifin

Director since 2022

James L. Wainscott

Lead Indep. Independent

Former CEO, AK Steel

Director since 2009 · Age 68

Also on: CSX Corporation

Beth A. Wozniak

Independent

Chair & CEO, nVent Electric

Director since 2025 · Age 60

Also on: nVent Electric

The board, organized

Board committees

2 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.

Audit Committee

100% independent
  • James L. Wainscott Chair
  • Beth A. Wozniak

Human Resources and Compensation Committee

100% independent
  • James L. Wainscott Chair
  • Beth A. Wozniak

Frequently Asked Questions

Who is the CEO of Parker-Hannifin?

Jennifer A. Parmentier has served as Chairman and CEO since 2022.

What type of organizational structure does Parker-Hannifin use?

Parker-Hannifin operates a decentralized divisional structure with strong group-level autonomy.

How many direct reports does Parker-Hannifin's CEO have?

The CEO has four primary direct reports in the current structure.

How has Parker-Hannifin's leadership changed recently?

Recent changes include the 2025 election of Beth Wozniak to the board and Kevin Lobo’s planned departure in 2026.

Does Parker-Hannifin have a COO?

Yes. Andrew D. Ross serves as President and Chief Operating Officer and oversees most operating divisions.

Sources

  • 8-K Filing, Mar 17, 2026
  • 8-K Filing, Sep 2, 2025
  • SEC EDGAR: Parker-Hannifin Corporation DEF 14A Proxy Statement
  • SEC EDGAR: Parker-Hannifin Corporation 10-K Annual Report

Reference

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APA 7th
Creately. (2026). Parker-Hannifin Corporation organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/parker-hannifin/
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Creately. "Parker-Hannifin Corporation Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/parker-hannifin/.
Original SEC source View on SEC ↗
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.htm

Permanent URL: https://creately.com/org-chart/fortune-500/parker-hannifin/ · last updated 2026-04-01

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