Parker Hannifin Corporation says that its Board of Directors has elected Bob Bond, Vice President and President - Fluid Connectors Group, to a newly created position of Vice President - eBusiness, IoT and Services, effective September 1, 2015. In this new role, Mr. Bond will have responsibility for the company's e-business, Internet of Things (IoT) and service strategies.
"As we refresh the Win Strategy, which is being launched in September, a key area of focus will be to develop services that enable our customers to be more productive," said Tom Williams, Chief Executive Officer. "Opportunities in e-business, Internet of Things (IoT) and services such as asset integrity management present exciting new growth potential across all of Parker's operating groups. Being successful in these areas will require visionary leadership and sound judgement. Bob's extensive experience leading Parker's largest operating group will position him well to be successful in creating new revenue streams across Parker."