Motion and control technology manufacturer Parker Hannifin Corp. (NYSE: PH), Cleveland, OH, has announced the retirement Jon P. Marten, CFO and executive VP of finance and administration. The Board of Directors has elected Catherine A. Suever, currently VP and controller and acting CFO, to succeed Marten as CFO and executive VP of finance and administration, effective immediately.
Both Merten and Suever have been with Parker Hannifin for 30 years.