secwatch / observer

GRACO INC — fact timeline

Source-grounded facts extracted from GRACO INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

GGG GRACO INC JSON

Steven B. Hedlund was appointed as director at GRACO INC.

“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 departed as President, EMEA at GRACO INC.

“Caroline M. Chambers, President, EMEA, will depart the Company effective December 31, 2024.”

Christian E. Rothe departed as President, Worldwide Industrial Division at GRACO INC.

“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.”

R. William Van Sant retired as Director at GRACO INC.

“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”).”

Lee R. Mitau retired as Director at GRACO INC.

“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”).”

R. William Van Sant departed as Director at GRACO INC.

“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.”

Lee R. Mitau departed as Director at GRACO INC.

“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.”

J. Kevin Gilligan was appointed as Chair of the Board at GRACO INC.

“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.”
Earnings Releases

GRACO INC reported the twelve months ended December 29, 2023 results: revenue $2,195.6, net income $506.5, EPS $2.94.

“Graco Inc. (NYSE: GGG) today announced results for the fourth quarter ended December 29, 2023. Summary $ in millions except per share amounts Three Months Ended Twelve Months Ended Dec 29, 2023 Dec 30, 2022 % Change Dec 29, 2023 Dec 30, 2022 % Change Net Sales $ 566.6 $ 555.0 2 % $ 2,195.6 $ 2,143.5 2 % Operating Earnings 169.9 152.5 11 % 646.8 572.7 13 % Net Earnings 110.0 126.2 (13) % 506.5 460.6 10 % Diluted Net Earnings per Common Share $ 0.64 $ 0.74 (14) % $ 2.94 $ 2.66 11 %”
Earnings Releases

GRACO INC reported the fourth quarter ended December 29, 2023 results: revenue $566.6, net income $110.0, EPS $0.64.

“Graco Inc. (NYSE: GGG) today announced results for the fourth quarter ended December 29, 2023. Summary $ in millions except per share amounts Three Months Ended Twelve Months Ended Dec 29, 2023 Dec 30, 2022 % Change Dec 29, 2023 Dec 30, 2022 % Change Net Sales $ 566.6 $ 555.0 2 % $ 2,195.6 $ 2,143.5 2 % Operating Earnings 169.9 152.5 11 % 646.8 572.7 13 % Net Earnings 110.0 126.2 (13) % 506.5 460.6 10 % Diluted Net Earnings per Common Share $ 0.64 $ 0.74 (14) % $ 2.94 $ 2.66 11 %”

Dale D. Johnson departed as President, Worldwide Contractor Equipment Division at GRACO INC.

“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.”

Dale D. Johnson changed role as Chief Commercial Development Officer at GRACO INC.

“Mr. Johnson will assume the role of Chief Commercial Development Officer on January 1, 2024”

David J. Thompson was appointed as President, Worldwide Contractor Equipment Division at GRACO INC.

“the Company has appointed David J. Thompson to succeed Mr. Johnson as President, Worldwide Contractor Equipment Division, effective January 1, 2024.”

Jeffrey P. Johnson retired as President, Electric Motor Division at GRACO INC.

“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.”
Material Agreements

GRACO INC amended Amendment No. 2 to Amended and Restated Credit Agreement with U.S. Bank National Association, as administrative agent and a lender, and the other lenders (effective 2023-06-08).

“On June 8, 2023, Graco Inc. (the “Company”) entered into an Amendment No. 2 to Amended and Restated Credit Agreement (the “Amendment”) that amends its Amended and Restated Credit Agreement, dated as of March 25, 2021, entered into with U.S. Bank National Association, as administrative agent and a lender, and the other lenders that are parties thereto (as previously amended, restated, supplemented, or otherwise modified, the “Credit Agreement”).”
Material Agreements

GRACO INC amended Amendment No. 1 to Amended and Restated Credit Agreement with U.S. Bank National Association, as administrative agent and a lender, and the other lenders that are parties thereto (effective 2023-05-23).

“On May 23, 2023, Graco Inc. (the “Company”) entered into an Amendment No. 1 to Amended and Restated Credit Agreement (the “Amendment”) that amends its Amended and Restated Credit Agreement, dated as of March 25, 2021, entered into with U.S. Bank National Association, as administrative agent and a lender, and the other lenders that are parties thereto (the “Credit Agreement”).”

Heather L. Anfang was appointed as Director at GRACO INC.

“On May 12, 2023, the Board of Directors (the “Board”) of Graco Inc. (the “Company”) appointed Ms. Heather L. Anfang to serve as a director of the Company, effective May 12, 2023.”

Christopher D. Knutson was appointed as Executive Vice President, Corporate Controller at GRACO INC.

“Christopher D. Knutson, 45, will become Executive Vice President, Corporate Controller, and will serve as the Company’s principal accounting officer.”

Kathryn L. Schoenrock was appointed as Executive Vice President and Chief Technology Officer at GRACO INC.

“Kathryn L. Schoenrock, 45, will become Executive Vice President and Chief Technology Officer.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.