Graco Announces Changes to Executive Leadership Team

MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of Graco Inc. (NYSE: GGG), a leading manufacturer of fluid handling equipment, is pleased to announce changes to its executive leadership team, effective April 20, 2020. These changes follow the retirement of Mark D. Eberlein, President of the Worldwide Process and Oil & Natural Gas Divisions, who will end his 24-year Graco career on April 19, 2020.

David M. Lowe has been named President of the Worldwide Process Division, succeeding Mr. Eberlein. Mr. Lowe has served Graco for 25 years, most recently as President of the Worldwide Industrial Products Division.

Angela F. Wordell has been named Executive Vice President of Operations and President of the Worldwide Oil & Natural Gas Division. Ms. Wordell has been with the Company for 26 years and was named Executive Vice President of Operations in December 2018.

Peter J. O’Shea has been named President of the Worldwide Industrial Products Division. Mr. O’Shea has served Graco for 25 years, most recently as President of the Worldwide Lubrication Equipment Division. A new leader for the Lubrication Equipment Division will be named in a future announcement.

“Mark started his career on the factory floor as a manufacturing cell manager and successfully progressed through many leadership roles, culminating in his position leading the Process and Oil & Natural Gas Divisions,” said Patrick J. McHale, Graco’s President and CEO. “Mark has done an outstanding job for Graco, completing multiple acquisitions and building businesses in several new market spaces, including environmental and semiconductor. I want to personally thank Mark for his many contributions to Graco’s success, and wish him a long and enjoyable retirement.”

ABOUT GRACO
Graco Inc. supplies technology and expertise for the management of fluids and coatings in both industrial and commercial applications. It designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid and powder materials. A recognized leader in its specialties, Minneapolis-based Graco serves customers around the world in the manufacturing, processing, construction and maintenance industries. For additional information about Graco Inc., please visit us at www.graco.com.

Contacts
Charlotte Boyd, 612-623-6153
Charlotte_M_Boyd@graco.com

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