Lee C. Banks, a 1985 graduate of DePauw University, has been elected president and chief operating officer of Parker Hannifin Corporation , the global leader in motion and control technologies, effective February 1. Banks has also been elected a member of Parker's Board of Directors, effective immediately. "As an operating officer of the company since 2006, Mr. Banks has had leadership responsibility for the Filtration, Engineered Materials, Instrumentation, Climate and Industrial Controls, Hydraulics, Fluid Connectors and Automation product groups and the Europe, Middle East and Africa, and Latin America regional groups," notes today's announcement.