Parker Hannifin Corporation announced that its Board of Directors has elected Todd M. Leombruno as Vice President and Controller, effective July 1, 2017.

Parker Hannifin Corporation, a global leader in motion and control technologies, today announced that John G. Dedinsky, Vice President – Global Supply Chain and Procurement, will retire after 38 years of dedicated service to the company. The Board of Directors has elected Thomas C. Gentile, to succeed Mr. Dedinsky as Vice President – Global Supply Chain, effective July 1, 2017.

Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, reported results for the fiscal 2017 third quarter ended March 31, 2017. Fiscal 2017 third quarter sales increased 10 percent to $3.12 billion compared with $2.83 billion in the prior year quarter.

Parker Hannifin Corporation announced that Jon P. Marten, Executive Vice President – Finance and Administration and Chief Financial Officer, will retire after 30 years of dedicated service to the company.

Parker Hannifin Corporation completed its acquisition of Clarcor Inc., a manufacturer of filtration products, for approximately $4.3 billion in cash, including the assumption of net debt.

Parker Hannifin Corporation announced the election of James R. Verrier to its Board of Directors, effective April 1, 2016, for a term expiring at the 2016 Annual Meeting of Shareholders.

Parker Hannifin Corporation announced that its Board of Directors has elected Thomas L. Williams, current Chief Executive Officer and a Director, as Chairman of the Board, effective January 1, 2016. Mr. Williams succeeds Donald E. Washkewicz, who will remain a Director.

Parker Hannifin Corporation announced that Mark J. Hart has been named Executive Vice President, Human Resources and External Affairs, effective January 1, 2016. Mr. Hart succeeds Daniel S. Serbin who has announced his intention to retire after 35 years of dedicated service. Mr. Serbin will stay on with the company for a period of time to support this leadership transition.

Parker Hannifin Corporation reported results for the fiscal 2016 first quarter ended September 30, 2015. Fiscal 2016 first quarter sales were $2.87 billion, compared with $3.27 billion in the prior year quarter.

Parker announced a previously completed transaction to acquire President Engineering Group Limited (PEGL) based in Sheffield, U.K. PEGL specializes in the design and manufacture of technically advanced, precision engineered cryogenic valves for liquefied natural gas (LNG) and Industrial Gas applications and specialized equipment for mining safety applications. Terms of the transaction were not disclosed.