Parker Hannifin Corp announced that Robert W. Bond, vice president – eBusiness, IoT and Services, will retire after 40 years at the company. Effective Aug. 1, he will be succeeded by Michael Chung, who is currently vice president and president of Parker’s Automation Group.
Chung joined Parker as an electromechanical field applications engineer in 1986 within the Automation Group. He advanced through positions of increasing responsibility within the group, including sales manager and general manager. In 2003, he was named country managing director for Parker’s operations in Korea. He became the vice president of Operations for the Hydraulics Group in 2005 and was appointed vice president and president – Asia Pacific Group in 2008 before assuming his leadership if the Automation Group in 2012.
Bond began his Parker career in Canada in 1977, working in various positions in materials and operations management. He was named General Manager of Quick Coupling Division in 1992, and subsequently became vice president of Operations for the Fluid Connectors Group and in 2000 President of the Automation Group. He was selected vice president and president – Fluid Connectors Group in 2005, and vice president – eBusiness, IoT and Services in 2015.