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Parker Hannifin Corporation's CEO Hosts Analyst Day - Conference Call Transcript

Stock quotes in this article: PH 

Parker Hannifin Corporation (PH)

Analyst Day Call

October 26, 2011 9:00 AM ET

Executives

Donald Washkewicz – President and CEO

Lang Johnston – President, Corporate Election Services

Pam Huggins – Shareholder

Lee Banks – Shareholder

John Marten – Shareholder

Catherine Suever – Shareholder

Daniel Serbin – Shareholder

Thomas Williams – Shareholder

Robert Bond – Shareholder

Robert Parker – Shareholder

Natalie (ph) – Norges Bank Investment Management

Presentation

Donald Washkewicz

Okay, good morning. How’s everybody doing this morning? Good? Everybody looks happy. Should be happy today right? Okay, while we go ahead and start the 2011 annual meeting of the shareholders of Parker Hannifin Corporation will please come to order. I am Donald E. Washkewicz, Chairman of the Board, Chief Executive Officer and President. At my left is Thomas A. Piraino, Vice President, General Counsel and Secretary of the company who acts as Secretary of this meeting. I would like to welcome all of our shareholders who are here as well as those participating in this meeting via the webcast.

I would also like to introduce the persons present who are nominees for election as directors for a one year term and they are, Robert G. Bond, retired Chief Executive Officer and Chairman of the Board of Washkewicz Corporation; Linda S. Harty, Treasurer of Medtronic Inc.; William E. Kassling, Chairman of Board of Wabtec Corporation, Robert J. Kohlhepp, Chairman and Director of Cintas Corporation; Klaus-Peter Müller, Chairman of the Supervisory Board of Commerzbank AG; Candy M. Obourn, President of Isoflux Incorporated; Joseph M. Scaminace, Director, Chief Executive Officer and Chairman of the Board of OM Group Inc.; Wolfgang R. Schmitt, Chief Executive Officer of Trends 2 Innovation; Åke Svensson; Director General of the Association of Swedish Engineering Industries and James L. Wainscott, Chief Executive Officer, President and Chairman of the Board of AK Steel Holding Corporation and myself.

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