Parker-Hannifin (PH) executive compensation, 2026 proxy

Jennifer A. Parmentier, Chairman of the Board and Chief Executive Officer, was paid $22.8M in 2026, up 18% from $19.3M the year before. The CEO-to-median-employee pay ratio was 331:1, on median employee pay of $68,744.

Filed
September 18, 2026
Annual meeting
October 28, 2026
Pay year
2026
Named executives
5
CEO total pay
$22.8M+18% vs prior year
CEO to median employee
331:1median $68,744
CEO pay in equity
68%$15.4M in awards
CEO target at-risk pay
91%9% fixed compensation
Other NEO target at-risk pay
81%19% fixed compensation
LTIP payout range
0%-200%After three-year performance period
CEO LTIP award
$7,586,898Fiscal 2026 grant-date value
CEO stock incentive
$7,841,940Fiscal 2026 grant-date value

How Parmentier was paid

$22.8M in total for 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary7%Stock awards33%Option awards34%Non-equity incentive20%All other compensation6%

Named executive officers

ExecutiveTotal
Jennifer A. ParmentierChairman of the Board and Chief Executive Officer$22,761,169
Todd M. LeombrunoExecutive Vice President and Chief Financial Officer$8,866,796
Andrew D. RossPresident and Chief Operating Officer$9,855,726
Matthew A. JacobsonVice President and President - Filtration Group$5,549,991
Joseph R. LeontiExecutive Vice President, General Counsel and Secretary$5,506,627

What changed and why

  • $22.8M$22,761,169 was the CEO’s fiscal 2026 total compensation, compared with $19,317,705 in fiscal 2025.
  • 91%91% of the CEO’s target total direct compensation was at risk, while fixed pay represented 9%.
  • 81%81% of other NEOs’ average target total direct compensation was at risk, while fixed pay represented 19%.
  • 0%LTIP awards can pay from 0% to 200% after the applicable three-year performance period.
  • Annual cash incentives measure segment operating income, sales revenue and cash flow margin.
  • LTIP awards measure revenue growth, EPS growth and average return on invested capital.

Other Parker-Hannifin proxy statements

  • 2025 proxy statement

    Jennifer A. Parmentier paid $19.3M (+3% on the year), pay ratio 293:1.

    Filed Sep 19, 2025

About this page

The figures were read out of the DEF 14A proxy statement on EDGAR by a language model and every number was then checked against the filing text; a figure that could not be found there is left out rather than shown. Totals follow SEC rules, which value stock and option awards at grant. Read the filing for footnotes and the compensation committee's full reasoning.

Parker-Hannifin (PH) Executive Compensation: 2026 Proxy Statement | Gloomberb