Graco Management

Management criteria checks 2/4

Graco's CEO is Mark Sheahan, appointed in Jun 2021, has a tenure of 2.83 years. total yearly compensation is $9.24M, comprised of 10.7% salary and 89.3% bonuses, including company stock and options. directly owns 0.049% of the company’s shares, worth €6.36M. The average tenure of the management team and the board of directors is 2.8 years and 8.6 years respectively.

Key information

Mark Sheahan

Chief executive officer

US$9.2m

Total compensation

CEO salary percentage	10.7%
CEO tenure	2.8yrs
CEO ownership	0.05%
Management average tenure	2.8yrs
Board average tenure	8.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Sheahan's remuneration changed compared to Graco's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 29 2024	n/a	n/a	US$500m
Dec 29 2023	US$9m	US$985k	US$507m
Sep 29 2023	n/a	n/a	US$523m
Jun 30 2023	n/a	n/a	US$506m
Mar 31 2023	n/a	n/a	US$489m
Dec 30 2022	US$6m	US$919k	US$461m
Sep 30 2022	n/a	n/a	US$455m
Jul 01 2022	n/a	n/a	US$442m
Apr 01 2022	n/a	n/a	US$435m
Dec 31 2021	US$5m	US$706k	US$440m
Sep 24 2021	n/a	n/a	US$434m
Jun 25 2021	n/a	n/a	US$445m
Mar 26 2021	n/a	n/a	US$363m
Dec 25 2020	US$2m	US$449k	US$330m
Sep 25 2020	n/a	n/a	US$301m
Jun 26 2020	n/a	n/a	US$271m
Mar 27 2020	n/a	n/a	US$330m
Dec 27 2019	US$2m	US$420k	US$344m
Sep 27 2019	n/a	n/a	US$333m
Jun 28 2019	n/a	n/a	US$341m
Mar 29 2019	n/a	n/a	US$342m
Dec 28 2018	US$1m	US$389k	US$341m
Sep 28 2018	n/a	n/a	US$304m
Jun 29 2018	n/a	n/a	US$287m
Mar 30 2018	n/a	n/a	US$277m

Compensation vs Market: Mark's total compensation ($USD9.24M) is above average for companies of similar size in the German market ($USD5.66M).

Compensation vs Earnings: Mark's compensation has increased by more than 20% in the past year.

CEO

Mark Sheahan (59 yo)

2.8yrs

Tenure

US$9,236,066

Compensation

Mr. Mark W. Sheahan has been the President, Chief Executive Officer and Director at Graco Inc. since June 10, 2021 and served as its Chief Financial Officer and Treasurer since June 18, 2018 until June 10,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mark Sheahan	President	2.8yrs	US$9.24m	0.049% $ 6.4m
David Lowe	CFO & Treasurer	2.8yrs	US$1.84m	0.37% $ 47.8m
Dale Johnson	Chief Commercial Development Officer	7.2yrs	US$1.68m	0.10% $ 13.0m
Caroline Chambers	President of EMEA	3.7yrs	US$2.67m	0.034% $ 4.4m
Christian Rothe	President of Worldwide Industrial Division	5.8yrs	US$1.60m	0.015% $ 2.0m
Angela Wordell	Executive Vice President of Operations	5.3yrs	no data	0.0088% $ 1.2m
Christopher Knutson	Executive VP	less than a year	no data	0.0026% $ 342.5k
Kathryn Schoenrock	Executive VP & Chief Information Officer	less than a year	no data	0.0030% $ 389.4k
Joseph Humke	Executive VP	2.8yrs	no data	no data
Inge Grasdal	Executive Vice President of Corporate Development	2.3yrs	no data	no data
Laura Evanson	Executive Vice President of Marketing	1.3yrs	no data	0.0016% $ 204.5k
Ronita Banerjee	Executive VP & Chief Human Resources Officer	less than a year	no data	no data

2.8yrs

Average Tenure

51.5yo

Average Age

Experienced Management: GA8's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mark Sheahan	President	2.8yrs	US$9.24m	0.049% $ 6.4m
Martha A. Morfitt	Independent Director	28.5yrs	US$272.50k	0.12% $ 15.9m
Lee Mitau	Independent Director	33.9yrs	US$312.50k	0.099% $ 12.9m
Archie Black	Independent Director	1.2yrs	US$224.32k	0.00079% $ 102.9k
Robert Van Sant	Independent Director	20.2yrs	US$219.49k	0% $ 0
Jody Feragen	Independent Director	8.6yrs	US$255.50k	0.027% $ 3.5m
J. Gilligan	Independent Chair of the Board	23.2yrs	US$243.00k	0.026% $ 3.4m
Eric Etchart	Independent Director	13.3yrs	US$235.50k	0.024% $ 3.2m
Brett Carter	Independent Director	3.2yrs	US$237.00k	0.0016% $ 214.9k
Kevin Wheeler	Independent Director	4.2yrs	US$237.00k	0% $ 0
Heather Anfang	Independent Director	less than a year	US$203.56k	0% $ 0

8.6yrs

Average Tenure

65yo

Average Age

Experienced Board: GA8's board of directors are considered experienced (8.6 years average tenure).

Graco Management

Management criteria checks 2/4

Key information

Recent management updates

Graco Inc. Announces Board Retirements

Graco Inc., Annual General Meeting, Apr 26, 2024

Graco Inc. Announces Executive Changes

Graco Inc. Appoints Ms. Heather L. Anfang to Serve as Director of the Effective May 12, 2023

Insider recently sold €364k worth of stock

Graco Names Laura L. Evanson as Executive Vice President, Marketing

Recent updates

Graco Inc. Announces Board Retirements

Graco Inc. Reaffirms Revenue Guidance for the Full-Year 2024

First quarter 2024 earnings released: EPS: US$0.73 (vs US$0.77 in 1Q 2023)

Graco Inc. to Report Q1, 2024 Results on Apr 24, 2024

Upcoming dividend of US$0.26 per share

Fourth quarter dividend of US$0.26 announced

Full year 2023 earnings released: EPS: US$3.01 (vs US$2.73 in FY 2022)

Graco Inc., Annual General Meeting, Apr 26, 2024

Graco Inc. Provides Earnings Guidance for the Year 2024

Full year 2023 earnings released: EPS: US$3.01 (vs US$2.73 in FY 2022)

Upcoming dividend of US$0.26 per share at 1.2% yield

Graco Inc. to Report Q4, 2023 Results on Jan 29, 2024

Graco Inc. Announces Executive Changes

Graco Inc. Declares Regular Quarterly Dividend, Payable on February 7, 2024

Third quarter 2023 earnings released: EPS: US$0.79 (vs US$0.69 in 3Q 2022)

Graco Inc. to Report Q3, 2023 Results on Oct 25, 2023

Upcoming dividend of US$0.23 per share at 1.3% yield

Graco Announces Regular Quarterly Dividend, Payable on November 1, 2023

Graco Inc. Introduces the InvisiPac HM10

Now 20% undervalued after recent price drop

Second quarter 2023 earnings released: EPS: US$0.80 (vs US$0.69 in 2Q 2022)

Graco Inc. to Report Q2, 2023 Results on Jul 26, 2023

Upcoming dividend of US$0.23 per share at 1.1% yield

Graco Inc Announces Regular Quarterly Dividend, Payable on August 2, 2023

Graco Develops Electric Variable Ratio Metering for 2K Material

Graco Inc. Appoints Ms. Heather L. Anfang to Serve as Director of the Effective May 12, 2023

Insider recently sold €364k worth of stock

Investor sentiment improves as stock rises 16%

First quarter 2023 earnings released: EPS: US$0.77 (vs US$0.59 in 1Q 2022)

Upcoming dividend of US$0.23 per share at 1.4% yield

Graco Inc. Announces Regular Quarterly Dividend, Payable on May 3, 2023

Full year 2022 earnings released: EPS: US$2.73 (vs US$2.59 in FY 2021)

Graco Inc. Provides Revenue Guidance for the Year 2023

Graco Inc. to Report Q4, 2022 Results on Jan 30, 2023

Upcoming dividend of US$0.23 per share

Graco Inc. Launches Quantm Pump

Graco Names Laura L. Evanson as Executive Vice President, Marketing

Graco Inc. Appoints Archie C. Black as Member of the Company’s Board of Directors, Effective February 20, 2023

Third quarter 2022 earnings released: EPS: US$0.69 (vs US$0.61 in 3Q 2021)

Graco Inc. Provides Revenue Guidance for the Year 2022

Upcoming dividend of US$0.21 per share

Graco Inc. to Report Q3, 2022 Results on Oct 26, 2022

Graco Inc. Announces Regular Quarterly Dividend, Payable on November 2, 2022

Second quarter 2022 earnings released: EPS: US$0.69 (vs US$0.65 in 2Q 2021)

Graco Inc. to Report Q2, 2022 Results on Jul 27, 2022

Upcoming dividend of US$0.21 per share

Graco Inc. Declares Quarterly Dividend, Payable on August 3, 2022

Graco Inc. Launches Contractor King Air-Powered Protective Coatings Airless Sprayer

First quarter 2022 earnings released: EPS: US$0.59 (vs US$0.63 in 1Q 2021)

Graco Inc. Launches LineLazer ES 500 Electric Battery-Powered Airless Striper

Graco Inc. Launches Fieldlazer ES100 Electric Battery Powered Airless Field Marker

Graco Launches ES 500 Stencil Battery-Powered Airless Stencil Rig

Upcoming dividend of US$0.21 per share

Graco Inc. to Report Q1, 2022 Results on Apr 27, 2022

Graco Launches Reactor 3 Spray Foam Proportioner Systems

Graco Inc. Launches First Cordless High-Performance Airless Finishing Sprayer

Graco Inc. Declares Regular Quarterly Dividend, Payable on May 4, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Graco Inc. Provides Earnings Guidance for the Full Year 2022

Upcoming dividend of US$0.21 per share

Third quarter 2021 earnings released: EPS US$0.61 (vs US$0.68 in 3Q 2020)

Upcoming dividend of US$0.19 per share

Executive Officer Patrick McHale has left the company

Graco Inc. Upgrades LDX, SDX and XDX Hose Reels

Graco Inc. Introduces Pulse Level Tank Monitoring System

Second quarter 2021 earnings released: EPS US$0.65 (vs US$0.17 in 2Q 2020)

Upcoming dividend of US$0.19 per share

Independent Director has left the company

Insider recently sold €3.2m worth of stock