Parker creates new post for overseas business

By Associated Press
September 8, 2008 | Comments (0)

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Motion control systems maker Parker Hannifin Corp. said Monday that it appointed Charly Saulnier as the president of the company's Europe, Middle East and Africa division.

In the newly created position, Saulnier will be based on Etoy, Switzerland and oversee sales in the region along with other management duties.

"As Parker's sales continue to grow internationally, it is important that we have senior regional leadership in place with the appropriate responsibility to meet customer needs and continue to achieve our growth targets," Chairman and Chief Executive Don Washkewicz said in a statement.

Saulnier is a 37-year veteran of the Cleveland-based company, which has 62,000 employees in 48 countries.

Parker shares were unchanged at $60.37 in premarket trading Monday.

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