Parker Hannifin Corporation, leaders in motion and control technologies, recently announced that Robert W. Bond, Vice President – eBusiness, IoT and Services, will retire after 40 years of dedicated service to the company. The Board of Directors has elected Michael Chung, currently Vice President and President – Automation Group, to succeed Bond effective August 1, 2017.
Commenting on Chung’s new role as Vice President – eBusiness, IoT and Services, Tom Williams, Chairman and Chief Executive Officer 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.”
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, 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. 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.
(Image: Michael Chung)