Graco Inc. (GGG)

75.13 +0.82 (+1.10%) At close: 4:00PM EDT

Graco Inc.

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

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 3,700

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Patrick J. McHale	Pres, CEO & Director	1.57M	30.16M	1961
Mr. Mark W. Sheahan	CFO & Treasurer	712.54k	4.67M	1964
Mr. Dale D. Johnson	Pres of Worldwide Contractor Equipment Division	903.71k	7.11M	1954
Mr. Jeffrey P. Johnson	Pres of Electric Motor Division	612.79k	2.14M	1960
Mr. Christian E. Rothe	Pres of Worldwide Applied Fluid Technologies Division	699.92k	2.09M	1974
Ms. Angela F. Wordell	Exec. VP of Operations and Pres of the Worldwide Oil & Natural Gas Division	N/A	N/A	1972
Ms. Kathryn L. Schoenrock	Exec. VP, Corp. Controller & Principal Accounting Officer	N/A	N/A	1977
Ms. Karen Park Gallivan	Exec. VP, Gen. Counsel & Corp. Sec.	N/A	N/A	1957
Mr. David M. Ahlers	Exec. VP of HR & Corp. Communications	N/A	N/A	1958
Mr. David M. Lowe	Pres of the Worldwide Process Division	N/A	N/A	1957

Amounts are as of 31 December 2020, 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. 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, oil and natural gas, 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. The company 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 April 2021 is 1. The pillar scores are Audit: 2; Board: 1; Shareholder rights: 3; 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.