Graco Announces Dale D. Johnson’s Intention to Retire, and Names David J. Thompson as President, Worldwide Contractor Equipment Division
05 Dicembre 2023 - 2:00PM
Business Wire
Graco Inc. (NYSE:GGG) announced today that Dale D.
Johnson has informed the company of his intention to retire in the
first quarter of 2025, and that in anticipation of Mr. Johnson’s
retirement David J. Thompson will succeed him as President,
Worldwide Contractor Equipment Division, effective January 1, 2024.
Beginning on that date, Mr. Johnson will assume the role of Chief
Commercial Development Officer, in which capacity he will support
the Contractor Equipment Division leadership transition to Mr.
Thompson, as well as facilitate various commercial and
cross-divisional initiatives.
“Throughout his tenure spanning almost five decades at Graco,
Dale has demonstrated exceptional leadership and an unrelenting
competitive spirit,” said Graco’s President and Chief Executive
Officer, Mark W. Sheahan. “Under his leadership, the Contractor
Equipment Division has experienced extraordinary growth, evolving
into a more than one billion-dollar business propelled by
pioneering new product introductions, the establishment of a
thriving home center segment, penetration into new markets and an
unwavering commitment to excellence in both quality and customer
service. Dale’s pivotal role in shaping Graco’s history is
undeniable. It has been my distinct pleasure to witness his
numerous achievements and tremendous contributions over the years
in helping to make Graco the world-class organization it is
today.”
Mr. Thompson is currently Vice President of Engineering,
Contractor Equipment Division, a role he has held since 2021. He
joined Graco as an engineer in 1988 and has held a series of
positions of increasing responsibility within the Contractor
Equipment Division throughout his career, including Engineering
Manager, Senior Engineering Manager and Director of
Engineering.
“Dave is held in high regard across our Contractor Equipment
Division and throughout Graco. His central role in addressing the
global needs of contractors is a testament to his innovative
approach in leading the development of key new products in the
division for the last two decades,” stated Mr. Sheahan. “With a
comprehensive grasp of our contractor business, including its
talented employees, collaborative partners, end-user dynamics,
market landscapes, and product portfolio, Dave’s seamless
transition into leading the division is something that I am excited
about. I am confident in Dave’s ability to continue the division’s
growth trajectory and uphold the remarkable results we have
achieved over the years.”
Mr. Thompson holds Associates degrees in mechanical engineering
and engineering drafting and design from Anoka-Ramsey Community
College and Anoka Technical College, respectively, as well as a
Bachelors of Business Administration from Capella University.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20231205097781/en/
Meredith Sobieck, 763-353-1498 Meredith_A_Sobieck@graco.com
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