GLENVIEW, Ill. The Illinois Tool Works (ITW) board of directors has elected David Parry a vice chairman of ITW. In his new role, he will continue to oversee the company’s Polymers & Fluids segment with additional responsibility over the Test & Measurement businesses.
Parry, 56, joined ITW in 1994 as general manager of ITW Devcon, following a 17-year career with a U.K. chemical company. After several roles, including group president of Performance Polymers, he was named executive vice president in 2006 with responsibility for the global Polymers & Fluids businesses. He holds a series of advanced degrees in chemistry from Manchester University.
"David has a proven track record of success and has led the Polymers & Fluids segment in consistent global growth over the years,” said David Speer, chairman and chief executive officer. “In less than 10 years, the segment’s revenue has more than tripled through a combination of both acquisitions and organic growth. His promotion now gives us three vice chairmen who will continue to play a critical role in the strategies and direction of ITW in the years ahead."
Tom Hansen and Scott Santi continue to serve as the company’s other vice chairmen.