Management ChangeJun 15, 2026, 08:47 AM
Graco Appoints Steven B. Hedlund to Board of Directors
AI Summary
Graco Inc. announced the appointment of Steven B. Hedlund to its Board of Directors, effective September 10, 2026. Mr. Hedlund, who is currently the President and CEO of Lincoln Electric Holdings, Inc., will also serve on Graco's Audit Committee and Management Organization and Compensation Committee. He brings extensive experience from the manufacturing sector and global strategy development, and will receive standard director compensation.
Key Highlights
- Steven B. Hedlund appointed to Graco's Board of Directors, effective September 10, 2026.
- Mr. Hedlund will serve on the Audit Committee and Management Organization and Compensation Committee.
- He is currently the President and Chief Executive Officer of Lincoln Electric Holdings, Inc.
- Mr. Hedlund will receive standard director compensation, with a pro-rated initial equity award.
Price Impact
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