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Graco Inc. (GGG)

NYSE - NYSE Delayed price. Currency in USD
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68.30+0.28 (+0.41%)
At close: 1:00PM EST

Graco Inc.

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

Sector(s)Industrials
IndustrySpecialty Industrial Machinery
Full-time employees3,700

Key executives

NameTitlePayExercisedYear born
Mr. Patrick J. McHalePres, CEO & Director1.27M4.36M1961
Mr. Mark W. SheahanCFO & Treasurer575.31k1.78M1964
Mr. Dale D. JohnsonPres of Worldwide Contractor Equipment Division734.17k3.49M1954
Mr. Jeffrey P. JohnsonPres of Electric Motor Division527.39k1.78M1960
Mr. Christian E. RothePres of Worldwide Applied Fluid Technologies Division576.17kN/A1974
Ms. Angela F. WordellExec. VP of Operations and Pres of the Worldwide Oil & Natural Gas DivisionN/AN/A1972
Ms. Kathryn L. SchoenrockExec. VP, Corp. Controller & Principal Accounting OfficerN/AN/A1977
Ms. Karen Park GallivanExec. VP, Gen. Counsel & Corp. Sec.N/AN/A1957
Mr. David M. AhlersExec. VP of HR & Corp. CommunicationsN/AN/A1958
Mr. David M. LowePres of the Worldwide Process DivisionN/AN/A1957
Amounts are as of 31 December 2019, 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. It primarily sells its products through distributors, original equipment manufacturers, and home center channels; and directly to end-users. The company was founded in 1926 and is headquartered in Minneapolis, Minnesota.

Corporate governance

Graco Inc.’s ISS governance QualityScore as of 1 November 2019 is 2. The pillar scores are Audit: 1; Board: 3; 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.