Parker Announces Retirement of Filtration Group President Rob Malone, Elects Matt Jacobson as Successor

Core Points - Parker Hannifin Corporation announced the retirement of Robert W. Malone, Vice President and President of the Filtration Group, effective August 31, 2025, after 12 years of service [1][3] - Matthew A. Jacobson has been elected to succeed Mr. Malone as Vice President and President of the Filtration Group, effective July 1, 2025 [2][4] Leadership Transition - Mr. Malone joined Parker in 2013 and became Vice President and President of the Filtration Group in 2014, leading significant growth and the integration of CLARCOR, which doubled the size of the Filtration Group [3] - Mr. Jacobson has over 20 years of experience at Parker, having held various operational leadership roles since joining in 2005, and is expected to build on the foundation established by Mr. Malone [4][5] Company Overview - Parker Hannifin is a Fortune 250 global leader in motion and control technologies, with a history of enabling engineering breakthroughs for over a century [6]