Steven B. Hedlund
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.
Highest-materiality recent filing
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 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.
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%).
Q4 net sales $548.7M (down 3% YoY); full-year $2,113.3M (down 4%).
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 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.
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