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February 11, 2013
08:53 EDTPHParker-Hannifin formalizes collaboration agreement with Shepherd Center
Parker Hannifin announced that it has formalized an agreement with Shepherd Center to support the commercialization of Parker's exoskeleton device Indego, which is planned for release in 2014. Under the general terms of the agreement, Shepherd Center will function as the lead rehabilitation center for clinical testing of the device. Shepherd Center will develop clinical protocols for use of the device, train clinicians at other rehabilitation centers where the device will be used, and monitor clinical trials. Also, the agreement includes collaboration between Parker and Shepherd Center to market the device subsequent to regulatory approval.
News For PH From The Last 14 Days
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January 22, 2015
16:48 EDTPHParker-Hannifin CEO Donald Washkewicz announces intention to retire
On January 21, Donald E. Washkewicz, Chairman of the Board, CEO president of Parker-Hannifin Corporation, notified the Board of Directors of the company that, effective February 1, he intends to retire as CEO and president of the company. Washkewicz will remain as an executive officer of the company in the position of Chairman of the Board. On January 21, the Board of Directors of the company elected Thomas L. Williams, 56, as CEO of the company, effective February 1, and as a director of the company, effective January 21.
January 14, 2015
09:31 EDTPHParker-Hannifin continues to have risk to 2015 outlook, says Cleveland Research
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