Highest-materiality recent filing
Graco appoints Lincoln Electric CEO Steven B. Hedlund to board, effective Sept 10, 2026
Steven B. Hedlund, President & CEO of Lincoln Electric (Nasdaq: LECO), appointed to Graco's board.
Graco to acquire Valco Melton for $447M cash, expanding adhesive dispensing capabilities
Purchase price $447M cash including ~$40M present value of expected tax benefits; represents ~14x Valco Melton's 2025 EBITDA.
Graco publishes investor presentation; no material new information disclosed
Graco published an investor presentation for an Investor Access Event held May 5, 2026 in Dayton, MN.
Martha Morfitt elected with 106.9M for (78.8%) vs 28.8M against; other three directors each received >95% approval.
Graco appoints Sanjiv Gupta as CFO effective April 15; Lowe to retire after 30+ years
Sanjiv Gupta, former GM VP & CFO International, named CFO and Treasurer effective April 15, 2026.
Director Brett C. Carter resigns from Graco Board effective Feb 13, 2026
Carter resigned voluntarily, citing pursuit of other commitments; no disagreement with Board or management.
Graco finishes year with record quarterly and annual sales; Q4 EPS $0.79 (+25%)
Q4 net sales $593.2M (+8% YoY); full-year net sales $2.24B (+6%).
Graco appoints Andrea H. Simon to board, effective Dec 5, 2025
Ms. Simon is EVP & CFO of MasterBrand (NYSE:MBC), the largest North American residential cabinet maker.
Graco shareholders elect three directors, ratify auditor, approve say-on-pay at 2025 annual meeting
Directors Etchart, Feragen, Gilligan elected for three-year terms; vote tallies shown.
Q4 net sales $548.7M (down 3% YoY); full-year $2,113.3M (down 4%).
Graco closes €230M acquisition of Corob S.p.A., a paint dispensing equipment maker
Completed acquisition of Corob for €230M (up to €30M contingent consideration) on Nov 4, 2024.
Graco extends $750M revolving credit facility maturity to Oct 2029
Extends $750M unsecured revolving credit facility from Mar 2026 to Oct 25, 2029.
Graco signs definitive agreement to acquire Corob S.p.A. for €230 million
Graco to acquire Corob S.p.A. for €230M base plus up to €30M contingent consideration.
Graco restructures into 4 global divisions; EMEA president Chambers to depart Dec 31
Caroline Chambers, President EMEA, departing Dec 31, 2024; eligible for severance under KEA.
Graco division president Christian Rothe resigns effective Aug 1, 2024
Christian E. Rothe, President Worldwide Industrial Division, resigns from Graco effective August 1, 2024.
Two directors retire; shareholders approve 5M share increase to stock plan
Lee R. Mitau (age 75) and R. William Van Sant retired from Graco's Board effective April 26, 2024.
Graco appoints J. Kevin Gilligan as Board Chair; two directors retiring in April 2024
J. Kevin Gilligan appointed Chair of the Board and Governance Committee effective Feb 16, 2024.
Graco reports record Q4 and FY 2023 sales and operating earnings; adjusted EPS up 16% YoY
Q4 net sales $566.6M (+2% YoY); FY net sales $2,195.6M (+2% YoY); both records.
David J. Thompson succeeds Dale D. Johnson as President, Worldwide Contractor Equipment Division, effective January 1, 2024.
Jeffrey P. Johnson informed Graco of his retirement on June 16, 2023, effective December 31, 2023.
Graco amends credit agreement: revolver increased to $750M, accordion to $375M
Revolver commitment raised from $500M to $750M; multicurrency sublimit from $200M to $375M.
Graco amends credit agreement to replace LIBOR with SOFR benchmark
Amendment dated May 23, 2023 replaces LIBOR with SOFR for borrowings under existing $750M credit facility.
Graco appoints Heather L. Anfang to board of directors, effective May 12, 2023
Heather L. Anfang appointed to Graco board effective May 12, 2023; term expires at 2024 annual meeting.
Graco shareholders elect four directors and approve all proposals at 2023 annual meeting
Four directors elected to three-year terms: Mitau (114.5M for), Morfitt (127.8M), Sheahan (136.5M), Wheeler (133.0M).
Graco names new principal accounting officer and CTO effective May 1, 2023
Kathryn Schoenrock becomes EVP and Chief Technology Officer, ceasing as principal accounting officer.
On June 12, 2026, the Board of Directors (the “Board”) of Graco Inc. (the “Company”) appointed Mr. Steven B. Hedlund to serve as a director of the Company, effective September 10, 2026.
Caroline M. Chambers, President, EMEA, will depart the Company effective December 31, 2024.
On July 15, 2024, Christian E. Rothe announced his intention to resign from his employment and his position as President, Worldwide Industrial Division of Graco Inc., effective August 1, 2024.
On April 26, 2024, Lee R. Mitau and R. William Van Sant retired from the Board of Directors (the “Board”) of Graco Inc. (the “Company”).
On April 26, 2024, Lee R. Mitau and R. William Van Sant retired from the Board of Directors (the “Board”) of Graco Inc. (the “Company”).
Mr. Mitau reached age 75 in October 2023, and therefore will retire from the Board effective as of the Company’s Annual Meeting of Shareholders to be held on April 26, 2024 (“Annual Meeting”), in accordance with the retirement standards set forth in the Company’s Corporate Governance Guidelines.
R. William Van Sant, whose current term as a director on the Board will expire as of the Annual Meeting, will also retire from the Board effective as of such date and will not stand for re-election at the Annual Meeting.
On February 16, 2024, the Board of Directors (the “Board”) of Graco Inc. (the “Company”) appointed J. Kevin Gilligan as Chair of the Board and as Chair of the Governance Committee, in each case effective as of such date.
Dale D. Johnson, the Company's President, Worldwide Contractor Equipment Division, has informed the Company of his intention to retire from the Company in the first quarter of 2025.
the Company has appointed David J. Thompson to succeed Mr. Johnson as President, Worldwide Contractor Equipment Division, effective January 1, 2024.
Mr. Johnson will assume the role of Chief Commercial Development Officer on January 1, 2024
On June 16, 2023, Jeffrey P. Johnson, the Company’s President, Electric Motor Division and a “named executive officer” within the meaning of Instruction 4 to Item 5.02 of Form 8-K, informed the Company of his intention to retire from the Company effective December 31, 2023.
Max materiality 0.90 · Median 0.45 · Most common event leadership