Symbotic Inc. Expands Board of Directors with Seasoned Executive

Symbotic Inc., a leading artificial intelligence (AI)-powered robotic fulfillment company, has added Andrew Ross to its Board of Directors, expanding its size from eight to nine members. Ross, 58, brings more than two decades of experience in executive leadership, most recently serving as President of Parker-Hannifin Corporation, a global leader in motion and control technologies. His appointment marks a significant move by the company to bolster its governance and direction.

Key Takeaways:

  • Andrew Ross, a seasoned executive with over 20 years of experience, has been appointed to Symbotic Inc.'s Board of Directors, expanding the board size to nine members.
  • Ross brings significant expertise in executive leadership, having served as President of Parker-Hannifin Corporation since January 2024 and as Chief Operating Officer since January 2023.
  • Prior to his current roles, Ross held various executive positions at Parker-Hannifin, including Vice President and President of Fluid Connectors Group and Vice President and President of Engineered Materials Group.
  • Ross will be compensated according to Symbotic Inc.'s non-employee director compensation program and has entered into an indemnification agreement with the company.
  • The news comes amidst Symbotic Inc.'s previously disclosed investigation by the Securities and Exchange Commission (SEC), which has concluded without recommending an enforcement action.
  • Ross holds a Bachelor of Science in Business Administration from the University of Saint Francis, an Executive MBA from Case Western Reserve University, and a Master of Arts in Applied Communications from the University of Michigan.

Statistics:

  • Symbotic Inc. has expanded its Board of Directors from eight to nine members with the addition of Andrew Ross.
  • Ross has served in various executive positions at Parker-Hannifin Corporation since 1998, including Vice President and President of Fluid Connectors Group and Vice President and President of Engineered Materials Group.
  • Ross has earned a Bachelor of Science in Business Administration from the University of Saint Francis, an Executive MBA from Case Western Reserve University, and a Master of Arts in Applied Communications from the University of Michigan.
  • The SEC concluded its investigation into Symbotic Inc. without recommending an enforcement action.

Sources:

  • UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 26, 2025
  • Symbotic Inc.'s definitive proxy statement for its 2025 annual meeting of stockholders filed with the Securities and Exchange Commission ("SEC") on January 17, 2025
  • Symbotic Inc.'s Annual Report on Form 10-K for the fiscal year ended September 28, 2024 filed with the SEC on December 4, 2024