About

Mark W. Sheahan became President and Chief Executive Officer of Graco in June 2021 and is the only non-independent director. He previously served as Graco's Chief Financial Officer and Treasurer from June 2018 to June 2021, and as Vice President and General Manager of the Applied Fluid Technologies Division from 2008 to 2018.

He earlier served as Chief Administrative Officer from 2005 to 2008 and as Vice President and Treasurer from 1998 to 2005, having become Treasurer in December 1996 after serving as Manager, Treasury Services. He joined the Company in 1995. Before Graco he was a Senior Tax Manager at KPMG.

Mr. Sheahan graduated from the University of Minnesota with a Bachelor of Science in Business degree (accounting concentration), and attended William Mitchell College of Law, from which he graduated with a Juris Doctorate degree.

Roles

Graco Inc.
President & Chief Executive Officer (Director) · Current role
2021–present
Graco Inc.
Chief Financial Officer and Treasurer · June 2018 to June 2021.
2018 – 2021
Graco Inc.
Vice President and General Manager, Applied Fluid Technologies Division
2008 – 2018
Graco Inc.
Chief Administrative Officer
2005 – 2008
Graco Inc.
Vice President and Treasurer · Became Treasurer in December 1996 after serving as Manager, Treasury Services.
1998 – 2005
Graco Inc.
Manager, Treasury Services · Held prior to becoming Treasurer in December 1996.
KPMG
Senior Tax Manager · Held prior to joining Graco in 1995.

External Roles

Tennant Company
Director
Fernweh Group, LLC
Member, Board of Managers

Fixed Compensation

FY 2025
Salary
$1,065,000
ComponentAnnual base salary
All other compensation
$52,648
Total compensation
$9,491,330

Performance Compensation

Data from FY 2025

Cash incentive

Annual cash incentive
$1,259,907
FormCash
Target Opportunity
PlanIncentive Bonus Plan
Evaluation periodFY2025

Stock awards

Option awards
$5,749,775
FormStock options
Grant-date fair valueASC 718
Vesting25% annually over four years (10-year term)

Also at Graco Inc.

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