Parker Hannifin Corp. has named Michael Chung, age 44, as President of the company’s Asia Pacific Group and an Officer of the company. Mr Chung replaces Joe Vicic, age 62, who will retire 1 October 2008, after more than 41 years. Mr Chung will transition to lead the Asia Pacific Group over the next several months. After the transition, Joe Vicic will focus on providing additional leadership to acquisition and alliance activities in the Asia Pacific region until his retirement. As leader of Parker’s Asia Pacific Group, Mr Chung will be responsible for growing sales of all of Parker’s technologies and products in this important region. Mr Chung had been Vice President of Operations for Hydraulics in Asia Pacific prior to being appointed to his new position. He also has served as Country Managing Director and as General Manager for Korea. Mr Chung has served in positions of progressively greater responsibility in Applications Engineering and Sales since starting with Parker in 1986.
