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Graco Inc. (GGG)

NYSE - Nasdaq Real-time price. Currency in USD
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81.20+0.86 (+1.07%)
At close: 04:00PM EDT
81.20 -0.03 (-0.04%)
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Graco Inc.

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

Sector(s)Industrials
IndustrySpecialty Industrial Machinery
Full-time employees4,000

Key executives

NameTitlePayExercisedYear born
Mr. Mark W. SheahanPresident, CEO & Director2.31MN/A1964
Mr. David M. LoweCFO & Treasurer886.64k2.73M1957
Mr. Dale D. JohnsonChief Commercial Development Officer1.1M4.91M1954
Ms. Caroline M. ChambersPresident of EMEA1.84M1.48M1964
Mr. Christian E. RothePresident of Worldwide Industrial Division1.1MN/A1974
Ms. Angela F. WordellExecutive Vice President of OperationsN/AN/A1972
Mr. Christopher D. KnutsonExecutive VP, Corporate Controller & Principal Accounting OfficerN/AN/A1979
Ms. Kathryn L. SchoenrockExecutive VP & Chief Information OfficerN/AN/A1978
Mr. Joseph J. HumkeExecutive VP, General Counsel & Corporate SecretaryN/AN/A1971
Mr. Inge GrasdalExecutive Vice President of Corporate DevelopmentN/AN/A1971
Amounts are as of 31 December 2023, 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 Contractor segment offers sprayers to apply paint to walls and other structures; two-component proportioning systems that are used to spray polyurethane foam and polyurea coatings; and viscous coatings to roofs, as well as markings on roads, parking lots, athletic fields, and floors. The Industrial segment provides liquid finishing equipment, paint circulating and supply pumps, paint circulating advanced control systems, plural component coating proportioners, and accessories and spare parts; 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 offers powder finishing products to coat powder finishing on metals under the Gema and SAT brands. The Process segment provides 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. It sells its products through distributors, original equipment manufacturers, and home center channels, as well as 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 July 2024 is 1. The pillar scores are Audit: 3; Board: 1; Shareholder rights: 2; Compensation: 3.

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.