Graco Inc. (GGG)

69.04 +0.74 (+1.08%) At close: 04:00PM EDT

Graco Inc.

88-11th Avenue Northeast
Minneapolis, MN 55413
United States
612 623 6000
https://www.graco.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Mark W. Sheahan	Pres, CEO & Director	1.67M	N/A	1964
Mr. David M. Lowe	CFO & Treasurer	1.13M	3.09M	1957
Mr. Dale D. Johnson	Pres of Worldwide Contractor Equipment Division	1.09M	N/A	1954
Mr. Jeffrey P. Johnson	Pres of Electric Motor Division	824.77k	N/A	1960
Mr. Christian E. Rothe	Pres of Worldwide Industrial Division	1.06M	2.68M	1974
Ms. Angela F. Wordell	Exec. VP of Operations	N/A	N/A	1973
Christopher Knutson	Director of Treasury, Investor Relations and Regional Controller South & Central America	N/A	N/A	N/A
Mr. Joseph J. Humke	Exec. VP, Gen. Counsel & Corp. Sec.	N/A	N/A	N/A
Mr. David M. Ahlers	Exec. VP of HR & Corp. Communications	N/A	N/A	1958
Mr. Inge Grasdal	Exec. VP of Corp. Devel.	N/A	N/A	N/A

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Graco Inc. designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The company's Industrial segment offers proportioning systems to spray polyurethane foam and polyurea coatings; equipment that pumps, meters, mixes and dispenses sealant, adhesive, and composite materials; and gel-coat equipment, chop and wet-out systems, resin transfer molding systems and applicators, and precision dispensing solutions. It also provides liquid finishing equipment; paint circulating and supply pumps; paint circulating advanced control systems; plural component coating proportioners; spare parts and accessories; and powder finishing products to coat powder finishing on metals under the Gema and SAT brands. The company's Process segment offers pumps to move and dispense chemicals, water, wastewater, petroleum, food, lubricants, and other fluids; pressure valves used in the oil and natural gas industry, other industrial processes, and research facilities; and chemical injection pumping solutions for injection of chemicals into producing oil wells and pipelines. It also supplies pumps, hose reels, meters, valves, and accessories for fast oil change facilities, service garages, fleet service centers, automobile dealerships, auto parts stores, truck builders, and heavy equipment service centers; and systems, components, and accessories for the automatic lubrication of bearings, gears, and generators in industrial and commercial equipment, compressors, turbines, and on- and off-road vehicles. The company's Contractor segment offers sprayers to apply paint to walls and other structures; and viscous coatings to roofs, as well as markings on roads, parking lots, athletic fields, and floors. It sells its products through distributors, original equipment manufacturers, and home center channels; and directly to end-users. The company was incorporated in 1926 and is headquartered in Minneapolis, Minnesota.

Corporate governance

Graco Inc.’s ISS governance QualityScore as of 1 February 2023 is 3. The pillar scores are Audit: 5; Board: 2; Shareholder rights: 3; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.