Parker-Hannifin Corporation 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. 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.