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|Parker Adds Sherwin Williams' Joseph M. Scaminace to Board of Directors|
CLEVELAND, Oct. 27 /PRNewswire-FirstCall/ -- Parker Hannifin Corporation (NYSE: PH) announced the election of Joseph M. Scaminace to its Board of Directors, in the class whose term continues through 2005.
(Logo: http://www.newscom.com/cgi-bin/prnh/19990816/PHLOGO )
Mr. Scaminace is President and COO of Sherwin Williams Company (NYSE: SHW), the leader in architectural coatings, industrial finishes and associated supplies. He began his career at Sherwin Williams in 1983, and earned his undergraduate degree from the University of Dayton and his MBA from Case Western Reserve University. Scaminace is a director of Sherwin Williams and the Boler Company.
Don Washkewicz, Parker CEO said, "With Joe's global expertise in operations and marketing, he'll make an excellent addition to our board."
With annual sales of more than $7 billion, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of commercial, mobile, industrial and aerospace markets. The company employs more than 48,000 people in 46 countries around the world. Parker has increased its annual dividends paid to shareholders for 48 consecutive years, among the top five longest-running dividend-increase records in the S&P 500 index. For more information, visit the company's web site at http://www.parker.com , or its investor information site at http://www.phstock.com .
SOURCE Parker Hannifin Corporation
CONTACT: James C. Cartwright, Manager, Corporate Communications of Parker Hannifin Corporation, +1-216-896-2752, or firstname.lastname@example.org
Web site: http://www.phstock.com