Parker-Hannifin Management

Management criteria checks 3/4

Parker-Hannifin's CEO is Jenny Parmentier, appointed in Jan 2023, has a tenure of 1.83 years. total yearly compensation is $18.74M, comprised of 7.4% salary and 92.6% bonuses, including company stock and options. directly owns 0.027% of the company’s shares, worth €23.71M. The average tenure of the management team and the board of directors is 4.9 years and 7.2 years respectively.

Key information

Jenny Parmentier

Chief executive officer

US$18.7m

Total compensation

CEO salary percentage	7.4%
CEO tenure	1.8yrs
CEO ownership	0.03%
Management average tenure	4.9yrs
Board average tenure	7.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jenny Parmentier's remuneration changed compared to Parker-Hannifin's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$3b
Jun 30 2024	US$19m	US$1m	US$3b
Mar 31 2024	n/a	n/a	US$3b
Dec 31 2023	n/a	n/a	US$3b
Sep 30 2023	n/a	n/a	US$2b
Jun 30 2023	US$16m	US$1m	US$2b
Mar 31 2023	n/a	n/a	US$2b
Dec 31 2022	n/a	n/a	US$1b
Sep 30 2022	n/a	n/a	US$1b
Jun 30 2022	US$7m	US$765k	US$1b
Mar 31 2022	n/a	n/a	US$2b
Dec 31 2021	n/a	n/a	US$2b
Sep 30 2021	n/a	n/a	US$2b
Jun 30 2021	n/a	n/a	US$2b
Mar 31 2021	n/a	n/a	US$2b
Dec 31 2020	n/a	n/a	US$1b
Sep 30 2020	n/a	n/a	US$1b
Jun 30 2020	n/a	n/a	US$1b
Mar 31 2020	n/a	n/a	US$1b
Dec 31 2019	n/a	n/a	US$1b
Sep 30 2019	n/a	n/a	US$1b
Jun 30 2019	US$4m	US$551k	US$2b

Compensation vs Market: Jenny's total compensation ($USD18.74M) is above average for companies of similar size in the German market ($USD4.74M).

Compensation vs Earnings: Jenny's compensation has been consistent with company performance over the past year.

CEO

Jenny Parmentier (57 yo)

1.8yrs

Tenure

US$18,740,721

Compensation

Ms. Jennifer A. Parmentier, also known as Jenny, serves as Chief Executive Officer and Director at Parker-Hannifin Corporation since January 1, 2023 and has been its Chairman of the Board since January 1,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jennifer Parmentier	Chairman of the Board & CEO	1.8yrs	US$18.74m	0.027% € 23.7m
Andrew Ross	President & COO	1.8yrs	US$9.14m	0.014% € 12.1m
Todd Leombruno	Executive VP & CFO	3.8yrs	US$7.74m	0.016% € 13.5m
Joseph Leonti	VP, General Counsel & Secretary	10.3yrs	US$4.32m	0.012% € 10.8m
Berend Bracht	VP & President of Motion Systems Group	3.3yrs	US$4.87m	0.000070% € 60.6k
Mark Czaja	Vice President of Chief Technology & Innovation Officer	3.8yrs	no data	0.0044% € 3.8m
Dinu Parel	Vice President of Chief Digital & Information Officer	6yrs	no data	0.0046% € 4.0m
Jeff Miller	Vice President of Investor Relations	no data	no data	no data
Aidan Gormley	Director of Global Communications & Branding	no data	no data	no data
Mark Hart	Executive Vice President of Human Resources & External Affairs	8.8yrs	no data	0.0063% € 5.4m
Candido Lima	President of Latin America Group	12yrs	no data	no data
Robert Malone	VP & President of Filtration Group	9.9yrs	US$4.07m	0.0053% € 4.6m

4.9yrs

Average Tenure

58yo

Average Age

Experienced Management: PAR's management team is considered experienced (4.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jennifer Parmentier	Chairman of the Board & CEO	1.8yrs	US$18.74m	0.027% € 23.7m
Joseph Scaminace	Independent Director	20.1yrs	US$361.49k	0.0025% € 2.2m
James Wainscott	Independent Lead Director	15.6yrs	US$406.91k	0.017% € 14.4m
Linda Harty	Independent Director	17.8yrs	US$342.92k	0.0037% € 3.2m
Lance Fritz	Independent Director	3.8yrs	US$323.49k	0.0048% € 4.1m
Laura Thompson	Independent Director	5.8yrs	US$325.99k	0.0031% € 2.7m
James Verrier	Independent Director	8.6yrs	US$321.49k	0.0044% € 3.8m
Kevin Lobo	Independent Director	11.3yrs	US$342.05k	0.0057% € 4.9m
E. Savage	Independent Director	less than a year	no data	0.000010% € 8.7k
Denise Fleming	Director	1.2yrs	US$324.80k	0.00041% € 354.9k

7.2yrs

Average Tenure

60.5yo

Average Age

Experienced Board: PAR's board of directors are considered experienced (7.2 years average tenure).

Parker-Hannifin Management

Management criteria checks 3/4

Key information

Recent management updates

VP, General Counsel & Secretary recently sold €2.3m worth of stock

Parker-Hannifin Corporation, Annual General Meeting, Oct 23, 2024

President & COO recently sold €1.7m worth of stock

Insider recently sold €1.1m worth of stock

Parker-Hannifin Corporation Elects E. Jean Savage to Its Board of Directors

Insider recently sold €1.2m worth of stock

Recent updates

VP, General Counsel & Secretary recently sold €2.3m worth of stock

Parker-Hannifin Corporation Provides Unaudited Earnings Guidance for the Fiscal Year Ending June 30, 2025

Parker-Hannifin Corporation to Report Q3, 2025 Results on May 01, 2025

First quarter 2025 earnings released: EPS: US$5.43 (vs US$5.07 in 1Q 2024)

Fourth quarter dividend of US$1.63 announced

Parker Hannifin Corporation Declares Regular Quarterly Cash Dividend on Common Stock, Payable December 6, 2024

Parker-Hannifin Corporation, Annual General Meeting, Oct 23, 2024

President & COO recently sold €1.7m worth of stock

Fourth quarter dividend of US$1.63 announced

Parker Hannifin Corporation Declares Quarterly Cash Dividend, Payable on September 13, 2024

Full year 2024 earnings released: EPS: US$22.13 (vs US$16.23 in FY 2023)

Insider recently sold €1.1m worth of stock

Parker-Hannifin Corporation Provides Unaudited Earnings Guidance for the Fiscal Year Ending June 30, 2025

Parker-Hannifin Corporation Elects E. Jean Savage to Its Board of Directors

Insider recently sold €1.2m worth of stock

Now 22% undervalued

Parker-Hannifin Corporation to Report Q1, 2025 Results on Oct 31, 2024

Third quarter 2024 earnings released: EPS: US$5.65 (vs US$4.61 in 3Q 2023)

Second quarter dividend of US$1.63 announced

Parker-Hannifin Corporation Increases Quarterly Cash Dividend, Payable on June 7, 2024

Parker-Hannifin Corporation to Report Q3, 2024 Results on May 02, 2024

Now 20% undervalued

Now 21% undervalued

Second quarter 2024 earnings released: EPS: US$5.31 (vs US$3.08 in 2Q 2023)

Parker-Hannifin Corporation Provides Earnings Guidance for the Fiscal Year Ending June 30, 2024

Upcoming dividend of US$1.48 per share at 1.3% yield

First quarter dividend of US$1.48 announced

Parker-Hannifin Corporation Declares Quarterly Cash Dividend, Payable on March 1, 2024

Parker-Hannifin Corporation to Report Q2, 2024 Results on Feb 01, 2024

VP, General Counsel & Secretary recently sold €2.0m worth of stock

Parker-Hannifin Corporation Provides Earnings Guidance for the Fiscal Year Ending June 30, 2024

Upcoming dividend of US$1.48 per share at 1.5% yield

Parker-Hannifin Corporation Announces Management Changes

Parker-Hannifin Corporation Declares Quarterly Cash Dividend, Payable on December 1, 2023

Parker-Hannifin Corporation Elects Denise Russell Fleming to Its Board of Directors, Member of Audit Committee and Corporate Governance and Nominating Committee

Parker-Hannifin Corporation Elects Denise Russell Fleming to Its Board of Directors

Executive VP & CFO recently sold €1.5m worth of stock

Parker-Hannifin Corporation Declares Regular Quarterly Cash Dividend, Payable on September 8, 2023

Insider recently sold €1.9m worth of stock

Parker-Hannifin Corporation Provides Earnings Guidance for the Fiscal Year Ending June 30, 2024

Full year 2023 earnings released: EPS: US$16.23 (vs US$10.24 in FY 2022)

Parker-Hannifin Corporation(NYSE:PH) dropped from Russell 1000 Growth Index

Vice Chairman & President recently sold €3.6m worth of stock

Parker-Hannifin Corporation Announces Earnings Guidance for the Year Ending June 30, 2023

Third quarter 2023 earnings released: EPS: US$4.61 (vs US$2.71 in 3Q 2022)

Parker-Hannifin Corporation, Annual General Meeting, Oct 25, 2023

Upcoming dividend of US$1.48 per share at 1.6% yield

Now 20% undervalued

Insider recently sold €1.9m worth of stock

Second quarter 2023 earnings released: EPS: US$3.08 (vs US$3.02 in 2Q 2022)

Parker-Hannifin Corporation Provides Earnings Guidance for the Fiscal Year Ending June 30, 2023

Upcoming dividend of US$1.33 per share at 1.6% yield

Parker Hannifin Corporation Declares Quarterly Cash Dividend, Payable on March 3, 2023

Ekso Bionics Holdings, Inc. acquired Human Motion and Control Business Unit of Parker Hannifin Corporation for $10 million.

Insider recently sold €2.0m worth of stock

VP & President of the Aerospace Group recently sold €616k worth of stock

First quarter 2023 earnings released: EPS: US$3.02 (vs US$3.51 in 1Q 2022)

Parker-Hannifin Corporation Revises Earnings Guidance for the Year Ending June 30, 2023

Upcoming dividend of US$1.33 per share

Parker-Hannifin Corporation Declares Regular Quarterly Cash Dividend, Payable on December 2, 2022

Parker Hannifin Corporation Declares Regular Quarterly Cash Dividend, Payable September 9, 2022

Insider recently sold €396k worth of stock

Full year 2022 earnings released: EPS: US$10.24 (vs US$13.54 in FY 2021)

Parker-Hannifin Corporation Provides Earnings Guidance for the Fiscal Year Ending June 30, 2023

Parker-Hannifin Corporation Elects Rachid Bendali as President - Engineered Materials Group

Parker-Hannifin Corporation Announces Retirement of Andrew M. Weeks as President - Engineered Materials Group, Effective August 31, 2022

Kaman Corporation (NYSE : KAMN) signed an agreement to acquire Aircraft Wheel and Brake Division from Parker-Hannifin Corporation (NYSE : PH) for $440 million.

Kaman Corporation (NYSE : KAMN) signed an agreement to acquire Aircraft Wheel and Brake Division from Parker-Hannifin Corporation (NYSE : PH) for $440 million.

Independent Lead Director recently bought €768k worth of stock