Commenting on Mr. Chung's new role as Vice President - eBusiness, IoT and Services, Mr. Williams said, "Michael's global leadership experience, and operations expertise across several key Parker groups and regions, will allow him to make the transition to this leadership role quickly and have an immediate impact. Importantly, Michael's vision is aligned with the tremendous opportunity we see to expand the use of web-enabled solutions and services across our broad technology platform to better serve our customers and help improve their productivity and profitability."Mr. Chung joined Parker as an Electromechanical Field Applications Engineer in 1986 within the Automation Group. He advanced through positions of increasing responsibility within the group, including sales manager and general manager. In 2003, Mr. Chung broadened his experience, serving as Country Managing Director for Parker's operations in Korea. He became the Vice President of Operations for the Hydraulics Group in 2005, and became Vice President and President - Asia Pacific Group in 2008. Mr. Chung most recently served as Vice President and President - Automation Group, a position he has held since 2012. He has an undergraduate engineering degree from Carnegie-Mellon University and has completed the Advanced Management Program at Harvard Business School. About Parker Hannifin Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For 100 years the company has engineered the success of its customers in a wide range of diversified industrial and aerospace markets. Parker has increased its annual dividend per share paid to shareholders for 61 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index. Learn more at www.parker.com or @parkerhannifin.
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