Corporate Governance
Our commitment to strong corporate governance helps enhance our business and create long-term shareholder value. Our comprehensive approach to governance is refected in the shared responsibility of the Board of Directors, executive leadership team and all team members to demonstrate Parker’s values in all that we do.
Parker's Global Code of Business
Policy on Contracting with U.S. Government
Distributor Code of Conduct
Distributor Code of Conduct FAQ
Board of Directors
Our Board of Directors is a highly skilled, experienced and diverse team that ensures effective oversight of our business. Today, Parker’s Board is composed of 10 Directors who work under a dual-leadership structure comprised of a Chairman and an Independent Lead Director. All Board committee members and nine of the 10 Directors are “independent” based on the New York Stock Exchange listing standards and Parker’s internal independence standards.
The Board is guided by Parker’s Global Code of Business Conduct, Corporate Governance Guidelines, Independence Standards for Directors and Board Committee Charters, which are available on our investor website.
The comprehensive policies and standards that govern the Board, and the continuous assessment of its Directors, help strengthen our governance and ensure Parker continues to operate in alignment with our values.
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Integrity, Ethics & Compliance
Our commitment to integrity, ethics and compliance is shared by all team members and reinforced through the ways we demonstrate our values. Our policies and standards help ensure we abide by the laws and regulations in the places in which we operate, and we frequently go above these requirements to fulfll the expectations of internal and external stakeholders.
Our Global Code of Business Conduct defnes how integrity, ethics, respect and fairness are practiced throughout our business. The Code is designed to ensure our Board of Directors, team members, consultants, independent contractors, suppliers, agents and representatives refect expected standards of behavior. The Code also supports our belief that integrity is not just a corporate responsibility, but also a personal one that our team members put into action every day
Learn how Parker is purposefully leading the way toward a more-sustainable future.