Dir
Lee C. Banks is a corporate insider and seasoned industrial executive, best known for his long tenure in senior leadership roles at Parker-Hannifin Corporation, a global motion and control technologies company.[[1]](https://biography.omicsonline.org/united-states-of-america/parker-hannifin-corp/lee-c-banks-927246)[[2]](https://investors.parker.com/news-events/press-releases/detail/441/parker-announces-retirement-of-vice-chairman-and-president) He has served the company for more than three decades in progressively senior positions, including Vice President, Senior Vice President, President of the Instrumentation Group, President of the Worldwide Hydraulics Group, Executive Vice President, and Operating Officer.[[1]](https://biography.omicsonline.org/united-states-of-america/parker-hannifin-corp/lee-c-banks-927246) Banks became President and Chief Operating Officer of Parker-Hannifin on February 1, 2015, later advancing to Vice Chairman and President, and also served as a member of Parker-Hannifin’s Board of Directors.[[1]](https://biography.omicsonline.org/united-states-of-america/parker-hannifin-corp/lee-c-banks-927246)[[2]](https://investors.parker.com/news-events/press-releases/detail/441/parker-announces-retirement-of-vice-chairman-and-president)[[6]](https://www.globenewswire.com/news-release/2021/08/13/2280548/0/en/parker-announces-executive-leadership-changes-lee-banks-becomes-vice-chairman-and-president-jenny-parmentier-becomes-chief-operating-officer-berend-bracht-becomes-vice-president-an.html) In October 2023, Parker-Hannifin announced that he would retire as Vice Chairman, President, and Director effective December 31, 2023, after 32 years with the company.[[2]](https://investors.parker.com/news-events/press-releases/detail/441/parker-announces-retirement-of-vice-chairman-and-president)
Beyond Parker-Hannifin, Banks has held outside directorships, including serving as an Independent Director of Nordson Corporation, a role he has held since 2010.[[1]](https://biography.omicsonline.org/united-states-of-america/parker-hannifin-corp/lee-c-banks-927246)[[3]](https://www.gurufocus.com/insider/21299/lee-c-banks) His insider trading history and equity ownership have been publicly reported through SEC filings and financial data services, reflecting substantial share ownership in Parker-Hannifin and other industrial companies.[[3]](https://www.gurufocus.com/insider/21299/lee-c-banks)[[4]](https://www.quiverquant.com/insiders/1161707/Banks-Lee-C) Banks holds a Bachelor of Arts in economics from DePauw University and an MBA from the Keller Graduate School of Management in Chicago, providing the academic foundation for his executive career in the industrial and manufacturing sectors.[[1]](https://biography.omicsonline.org/united-states-of-america/parker-hannifin-corp/lee-c-banks-927246)
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