Parker Hannifin Transitions Leadership with Mat Jacobson's Promotion
Parker Hannifin's Leadership Transition
Parker Hannifin Corporation (NYSE: PH), renowned for its excellence in motion and control technologies, has revealed a significant leadership change as Robert W. Malone prepares for retirement from his role as President of the Filtration Group. This announcement marks a pivotal moment for the company as it embraces a new era of leadership.
Retirement Announcement of Rob Malone
After over a decade of impactful service, Rob Malone is set to retire on August 31, 2025. His tenure has been marked by substantial contributions, guiding Parker's Filtration Group through remarkable growth and innovation.
Legacy of Leadership
Since his election as Vice President and President of the Filtration Group in 2014, Malone has been instrumental in the company’s journey. Prior to this, he joined Parker in 2013 as Vice President of Operations, bringing with him extensive experience from a successful 15-year career in the filtration industry. Under his leadership, the Filtration Group thrived, successfully integrating major acquisitions like CLARCOR, which significantly expanded the group's capabilities.
Introducing Matt Jacobson as Successor
Matt Jacobson, currently serving as Vice President of Operations within the Motion Systems Group, has been elected as Malone’s successor, effective July 1, 2025. This strategic selection underscores Parker's commitment to fostering internal talent and ensuring a seamless leadership transition.
Matt's Journey at Parker
Jacobson's career at Parker began in 2005 as a Manufacturing Engineer, and he has since climbed the ranks through various leadership roles. His extensive background and operational acumen position him well to further the Filtration Group’s success and build upon the solid foundation set by Malone.
Vision for the Future
As the company moves forward, the goal is clear: to continue establishing Parker as a leader in the filtration market. Jenny Parmentier, Chairman of the Board and Chief Executive Officer, expressed her gratitude to Rob Malone for his invaluable contributions and emphasized the importance of the robust succession planning process that identified Matt as the ideal candidate to step into this key role.
Educational Background and Expertise
With a Bachelor of Science degree in Industrial Engineering from Purdue University and an MBA from DePaul University, Jacobson's academic background complements his practical experience. His strong operational leadership record across several divisions within Parker has been crucial to the company's development and will serve him well in his new role.
About Parker Hannifin Corporation
Parker Hannifin is a Fortune 250 company recognized globally as a leader in motion and control technologies. With over a century of engineering excellence, Parker continues to push boundaries and drive substantial innovation in the industry. To learn more about Parker and its groundbreaking solutions, visit www.parker.com or follow them on social media @parkerhannifin.
Frequently Asked Questions
Who is Rob Malone?
Rob Malone is the outgoing President of the Filtration Group at Parker Hannifin, set to retire in August 2025.
Who will succeed Rob Malone?
Matt Jacobson has been elected as the new President of the Filtration Group, effective July 1, 2025.
How long has Rob Malone worked at Parker?
Rob Malone has been with Parker Hannifin for over 12 years, having joined the company in 2013.
What is Matt Jacobson's career background?
Matt Jacobson has been with Parker since 2005, progressing through various operational roles within the company.
What is Parker Hannifin known for?
Parker Hannifin is known as a global leader in motion and control technologies, delivering innovative engineering solutions for over a century.
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