About

David M. Lowe became Chief Financial Officer and Treasurer of Graco in June 2021. On February 27, 2026, he gave notice of his intention to retire as Chief Financial Officer and Treasurer; he is succeeded by Sanjiv Gupta effective April 15, 2026, and will remain with the Company in a non-executive capacity through May 2026 to assist with the transition. He previously served as President, Worldwide Process Division from April 2020 to June 2021 and as President, Worldwide Industrial Products Division from June 2018 until April 2020.

From 2012 until 2018 he was Executive Vice President, Industrial Products Division, and from 2005 to 2012 he was Vice President and General Manager, Industrial Products Division. He was Vice President and General Manager, European Operations from 1999 to 2005, and earlier served as Treasurer before becoming Vice President, Lubrication Equipment Division in December 1996. He joined the Company in 1995.

Roles

Graco Inc.
Chief Financial Officer & Treasurer · Current role
1995–present
Graco Inc.
President, Worldwide Process Division · April 2020 to June 2021.
2020 – 2021
Graco Inc.
President, Worldwide Industrial Products Division · June 2018 to April 2020.
2018 – 2020
Graco Inc.
Executive Vice President, Industrial Products Division
2012 – 2018
Graco Inc.
Vice President and General Manager, Industrial Products Division
2005 – 2012
Graco Inc.
Vice President and General Manager, European Operations
1999 – 2005
Graco Inc.
Vice President, Lubrication Equipment Division · Became Vice President, Lubrication Equipment Division in December 1996; previously served as Treasurer.
Graco Inc.
Treasurer · Held prior to becoming Vice President, Lubrication Equipment Division in December 1996.

Fixed Compensation

FY 2025
Salary
$493,000
ComponentAnnual base salary
All other compensation
$28,257
Total compensation
$2,003,345

Performance Compensation

Data from FY 2025

Cash incentive

Annual cash incentive
$408,257
FormCash
Target Opportunity
PlanIncentive Bonus Plan
Evaluation periodFY2025

Stock awards

Option awards
$949,831
FormStock options
Grant-date fair valueASC 718
Vesting25% annually over four years (10-year term)

Also at Graco Inc.

Related

See how VectorShift works for your firm

Request Demo