Parker-Hannifin Executive Compensation (FY26)
PH · Executive and director compensation, fiscal 2022 to 2026
Chief executive, fiscal 2026 ◇ Jennifer Parmentier | Latest say-on-pay support = October 22, 2025 | Chief executive pay ratio ◇ To the median employee |
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Data as of October 22, 2026Latest filing (DEF 14A): September 18, 2026
14 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
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398 figures on this page: 389 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Jennifer Parmentier: $19,317,705 → $22,761,169 (17.8% higher)
CEO pay ratio: 293:1 → 331:1 (13.0% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Parker-Hannifin's chief executive and what were they paid?
Jennifer Parmentier, Chairman of the Board and Chief Executive Officer, received $22,761,169 in total compensation for fiscal 2026. Parmentier's total moved 17.8% higher from the $19,317,705 reported for fiscal 2025.
What was Parker-Hannifin's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 88.0% of votes cast for or against in favor at the meeting held October 22, 2025.
Which companies are in Parker-Hannifin's peer group?
Companies named in the disclosed peer group include 3M Company, Caterpillar Inc., Cummins Inc., Deere & Company and Dover Corporation, among others.
What is Parker-Hannifin's chief executive pay ratio?
The company reported a chief executive pay ratio of 331:1 for fiscal 2026.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Thomas Williams Executive Chairman | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Lee Banks Former Vice Chairman and President | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Jennifer Parmentier Chairman of the Board and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Todd Leombruno Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Andrew Weeks Former Vice President and President - Engineered Materials Group Departed during or after this year | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Joseph Leonti Vice President, General Counsel and Secretary | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Thomas Williams Executive Chairman of the Board | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Jennifer Parmentier Chairman of the Board and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Lee Banks Former Vice Chairman and President | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Andrew Ross President and Chief Operating Officer | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Roger Sherrard Vice President and President - Aerospace Group | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Joseph Leonti Vice President, General Counsel and Secretary | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jennifer Parmentier Chairman of the Board and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Lee Banks Former Vice Chairman and President Departed during or after this year | ◇ | — | — | ◇ | ◇ | ◇ | ◇ | ◇ |
Andrew Ross President and Chief Operating Officer | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Todd Leombruno Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Berend Bracht Vice President and President - Motion Systems Group | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Joseph Leonti Executive Vice President, General Counsel and Secretary | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jennifer Parmentier Chairman of the Board and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Andrew Ross President and Chief Operating Officer | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Todd Leombruno Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Joseph Leonti Executive Vice President, General Counsel and Secretary | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Patrick Scott Vice President and President - Fluid Connectors Group | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2026
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jennifer Parmentier Chairman of the Board and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Andrew Ross President and Chief Operating Officer | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Todd Leombruno Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Matthew Jacobson Vice President and President - Filtration Group | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Joseph Leonti Executive Vice President, General Counsel and Secretary | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2026
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Andrew D. Ross | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Andrew D. Ross | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Jennifer A. Parmentier | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Jennifer A. Parmentier | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Joseph R. Leonti | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Joseph R. Leonti | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Joseph R. Leonti | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Joseph R. Leonti | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Joseph R. Leonti | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Matthew A. Jacobson | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Matthew A. Jacobson | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Matthew A. Jacobson | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Matthew A. Jacobson | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Matthew A. Jacobson | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Todd M. Leombruno | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Todd M. Leombruno | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
Fiscal 2023, 2024, 2025 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2026 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Andrew Ross | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Todd Leombruno | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Matthew Jacobson | Option | ◇ | — | ◇ | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Jennifer Parmentier | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Joseph Leonti | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
Andrew Ross
President and Chief Operating Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Severance cash amount | ◇ |
| Change-in-control multiple | ◇ |
| Equity acceleration on change in control | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Jennifer Parmentier
Chairman of the Board and Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Severance multiple | ◇ |
| Severance cash amount | ◇ |
| Change-in-control multiple | ◇ |
| Equity acceleration on change in control | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Joseph Leonti
Executive Vice President, General Counsel and Secretary · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Severance cash amount | ◇ |
| Change-in-control multiple | ◇ |
| Equity acceleration on change in control | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Todd Leombruno
Executive Vice President and Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Severance cash amount | ◇ |
| Change-in-control multiple | ◇ |
| Equity acceleration on change in control | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Excise tax treatment | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2026
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
James L. Wainscott Lead independent director | ◇ | ◇ | — | — | — | ◇ | ◇ |
Kevin A. Lobo | ◇ | ◇ | — | — | — | — | ◇ |
James R. Verrier | ◇ | ◇ | — | — | — | — | ◇ |
Linda A. Harty | ◇ | ◇ | — | — | — | ◇ | ◇ |
Beth A. Wozniak | ◇ | ◇ | — | — | — | — | ◇ |
Lance M. Fritz | ◇ | ◇ | — | — | — | — | ◇ |
E. Jean Savage | ◇ | ◇ | — | — | — | — | ◇ |
Denise Russell Fleming | ◇ | ◇ | — | — | — | — | ◇ |
Laura K. Thompson | ◇ | ◇ | — | — | — | — | ◇ |
Joseph Scaminace | ◇ | — | — | — | — | ◇ | ◇ |
Jennifer A. Parmentier served on the board in fiscal 2026 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
| Board meeting fee | ◇ |
| Committee meeting fee | ◇ |
Equity is delivered as restricted stock units.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
- 3M Company MMM
- Caterpillar Inc. CAT
- Cummins Inc. CMI
- Deere & Company DE
- Dover Corporation DOV
- Emerson Electric Co. EMR
- Flowserve Corporation FLS
- Fortive Corporation FTV
- Honeywell International Inc. HON
- Illinois Tool Works Inc. ITW
- Ingersoll Rand Inc. IR
- ITT Inc. ITT
- Moog Inc. MOG-A
- Rockwell Automation, Inc. ROK
- RTX Corporation RTX
- Textron Inc. TXT
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | October 22, 2025 | = | ◇ | ◇ | ◇ |
| 2024 | October 23, 2024 | = | ◇ | ◇ | ◇ |
| 2023 | October 25, 2023 | = | ◇ | ◇ | ◇ |
| 2022 | October 26, 2022 | = | ◇ | ◇ | ◇ |
| 2021 | October 27, 2021 | = | ◇ | ◇ | ◇ |
| 2020 | October 28, 2020 | = | ◇ | ◇ | ◇ |
| 2019 | October 23, 2019 | = | ◇ | ◇ | ◇ |
| 2018 | October 24, 2018 | = | ◇ | ◇ | ◇ |
| 2017 | October 25, 2017 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Chief executive total compensation
◇
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- Jennifer Parmentier (Chairman of the Board and Chief Executive Officer), FY2026 total compensation $22,761,169 (base salary $1,537,500) [exec_comp, SEC accession 0001308179-26-000394, filed 2026-09-18]What this page does not include
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Peer benchmarking
Where Parker-Hannifin sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
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Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
398 figures on this page: 389 cited to the filing that reported them, 9 calculated from figures it prints.
389 cited to the filing
9 calculated from the filing
Documents cited
- 0001308179-26-000394Director Compensation · Grants of Plan-Based Awards for Fiscal Year · Outstanding Equity Awards at · Summary Compensation Table for Fiscal Year
- 0000076334-25-000063Proposal 2 . The Shareholders approved, on a non-binding, advisory basis, the compensation of the Named Executive Officers of the Company, as follows: Votes For Votes Against Abstentions Broker Non-Vo
- 0001308179-25-000603Compensation Discussion and Analysis · Summary Compensation Table for Fiscal Year 2025
- 0000076334-24-000057Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001308179-24-000719Summary Compensation Table for Fiscal Year 2024
- 0000076334-23-000057Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001308179-23-000993Summary Compensation Table for Fiscal Year 2023
- 0000076334-22-000041Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-22-249740Summary Compensation Table for Fiscal Year 2022
- 0000076334-21-000193Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000076334-20-000124Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000076334-19-000122
- 0000076334-18-000104Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000076334-17-000109
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Velarion, “Parker-Hannifin executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/PH (accessed 2026).
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The Parker-Hannifin brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
14 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
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Peers Parker-Hannifin discloses
The companies named in PH's own disclosed peer group.
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}