Parker Hannifin Elects Three New Corporate Officers

01.02.2006

The Board of Directors of Parker Hannifin Corporation elected three new corporate officers, Joseph J. Vicic, A. Ricardo Machado, and John G. Dedinsky.

Vicic, 60, is President of Parker's Asia Pacific Group, a position he has held since 1994. During his nearly 40 year Parker career, Vicic has held a variety of engineering, sales and general manager positions in Parker's Aerospace, Fluid Connector and Seal businesses. Vicic earned a B.S. degree in Industrial Technology from Ohio University. He has also completed the Advanced Management Program of the Harvard Business School.

"Under Joe's leadership, Parker has experienced solid, steady growth in the Asia Pacific region for more than a decade," said Nick Vande Steeg, Parker President and COO. "Living in the Asia Pacific region for more than twenty years, Joe has not only nurtured Parker's growth in Asia, but his intimate understanding of local markets and business practices have set a firm foundation for sustaining ongoing growth in this region."

Machado, 58, is President of Parker's Latin America group. Since beginning his Parker career in 1992, Machado has led the establishment of Latin American manufacturing operations for Parker's Automation, Hydraulics, Fluid Connectors and Climate businesses. Machado has a B.S. in Mechanical Engineering from the University of Campinas, S.P., a Business Administration degree from the Pontifical Catholic University and a Graduate Studies degree in Finance Administration from Getulio Vargas Foundation Graduate School. He has also completed the Advanced Management Program of the Harvard Business School.

"Ricardo has been at the forefront of our global expansion into Latin America," said Vande Steeg. "During his tenure, Parker's Latin America market share has grown dramatically. He has done an outstanding job of communicating and implementing our Win Strategy throughout the region, keeping us on a pathto continue to grow profitably in this exciting area of the world."

Dedinsky, 48, joined Parker in 1979 and has served in a number of accounting, finance, and purchasing positions during his career. He is currently Vice President - Global Supply Chain and Procurement with strategic responsibility for all Parker supply chain and procurement activities worldwide. Dedinsky earned his Bachelor's and MBA degrees from Cleveland State University.

"John has done an outstanding job of executing Parker's Win Strategy," said Parker Chairman and CEO Don Washkewicz. "Under his direction, we have solidified relationships with best-in-class suppliers across the world, and developed a comprehensive supply chain strategy for Parker. John's activities are critical to ensuring we provide our customers with premier customer service."

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