MINNEAPOLIS--(BUSINESS WIRE)--Sep. 22, 2014--
Graco Inc.(NYSE: GGG) announced today that James A. Graner, age
69, has informed the company of his intention to retire as Chief
Financial Officer. Mr. Graner will continue as Chief Financial Officer
while a replacement is being identified. The company expects that Mr.
Graner’s retirement will become effective in August 2015 and that the
new Chief Financial Officer will commence the position at that time.
“During his career at Graco, Jim has provided outstanding vision and
leadership,” said President and Chief Executive Officer, Patrick J.
McHale. “His deep understanding of our customers, distributors and
business model, and his relentless drive to establish metrics and set
high standards of execution across the organization have been key
elements of our success. It has been my pleasure to work closely with
Jim over the past seven years, and his counsel has been invaluable to
Graco Inc. supplies technology and expertise for the management of
fluids 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.
Source: Graco Inc.
James A. Graner, 612-623-6635