Filtration, fluid connectors and movement management merchandise producer Parker Hannifin introduced the appointment of Matthew Jacobson to Vice President and President of Filtration Group, efficient July 1.
Jacobson will succeed Robert Malone, who is predicted to retire on Aug. 31.
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Malone joined Parker in 2013 as VP of Operations for the Filtration Group and have become President in 2014, main main development, the combination of CLARCOR and advancing The Win Technique. He’ll stay a VP by July 1, to assist a easy transition.
Jacobson brings over 20 years of operational management at Parker, having superior by roles in engineering, provide chain and common administration throughout a number of divisions. He was named VP of Operations for the Movement Programs Group in 2021, following his function as Group VP of Provide Chain.
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“Rob has firmly established Parker as a worldwide chief on this necessary development market,” Parker Hannifin Chairman and CEO Jenny Parmentier stated in a Could 8 information launch. “Our sturdy succession planning course of permits us to determine and develop excellent leaders like Matt to seamlessly step into greater management roles and make sure the group’s continued success. Matt’s a few years of expertise as an operational chief inside Parker will permit him to construct on the robust basis Rob has put in place.”
Parker Hannifin launched its 2025 third quarter monetary outcomes on Could 1, reporting gross sales of $5.0 billion year-over-year, whereas a 1% enhance in natural development year-over-year. In the meantime, internet revenue of $961 million elevated 32% year-over-year.
