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Graco adds Donaldson CEO Richard B. Lewis to board

Graco Inc. is adding Donaldson CEO Richard B. Lewis to its board and Audit Committee, effective December 3, 2026.

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Graco Inc. (GGG) reported that its Board of Directors appointed Richard B. Lewis as a director, effective December 3, 2026. He will serve in the director class whose term expires at the 2027 annual meeting of shareholders and will join the Board’s Audit Committee on the same effective date.

Lewis is President and Chief Executive Officer of Donaldson Company, Inc., a role he has held since March 2026, and also serves on Donaldson’s board. In connection with his appointment, he will receive Graco’s standard director compensation described in its Proxy Statement for the 2026 Annual Meeting.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Board appointment effective date December 3, 2026 Effective date when Richard B. Lewis becomes a Graco director and Audit Committee member
Director term end reference 2027 annual meeting of shareholders Class of directors to which Richard B. Lewis was appointed
Start of CEO role at Donaldson Company, Inc. March 2026 Month and year Richard B. Lewis became President and Chief Executive Officer of Donaldson
Audit Committee financial
"Mr. Lewis has been appointed to serve on the Board’s Audit Committee"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
Annual Meeting of shareholders financial
"whose terms expire at the 2027 annual meeting of shareholders"
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.
Proxy Statement regulatory
"standard director compensation as referenced in our Proxy Statement for the 2026 Annual Meeting"
A proxy statement is a document companies send to shareholders ahead of a meeting that lays out the items up for a vote—like who will sit on the board, executive pay, and major corporate decisions—and provides background so shareholders can decide how to cast their votes or appoint someone to vote for them. Think of it as an agenda plus a ballot and briefing notes, important because the outcomes can change control, strategy, and value.
Inline XBRL technical
"Cover Page Interactive Data File (included within the Inline XBRL document)"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What board change did Graco Inc. (GGG) announce on September 11, 2026?

Graco announced that Richard B. Lewis has been appointed to its Board of Directors, effective December 3, 2026, and that he will serve in the director class whose term expires at the 2027 annual meeting of shareholders.

What role will Richard B. Lewis have on Graco’s (GGG) board committees?

Richard B. Lewis has been appointed to serve on Graco’s Audit Committee, effective December 3, 2026, in addition to his service as a member of the Board of Directors.

What is Richard B. Lewis’s current position outside Graco (GGG)?

Richard B. Lewis is the President and Chief Executive Officer of Donaldson Company, Inc., a provider of filtration products and solutions, a role he has held since March 2026. He also serves on Donaldson’s board of directors.

How will Richard B. Lewis be compensated as a director of Graco (GGG)?

In connection with his appointment, Richard B. Lewis will receive standard director compensation as referenced in Graco’s Proxy Statement for the 2026 Annual Meeting; no additional special compensation arrangements were described.

When does Richard B. Lewis’s term as a Graco (GGG) director end?

Richard B. Lewis was appointed to the class of directors whose terms expire at the 2027 annual meeting of shareholders, aligning his initial board term with that meeting’s election cycle.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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GRACO INC false 0000042888 0000042888 2026-09-11 2026-09-11
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 11, 2026

 

 

Graco Inc.

(Exact name of registrant as specified in charter)

 

 

 

Minnesota   001-09249   41-0285640
(State or other Jurisdiction
of Incorporation)
 

(Commission

File Number)

  (I.R.S. Employer
Identification No.)

 

88 - 11th Avenue Northeast  
Minneapolis, Minnesota   55413
(Address of principal executive offices)   (Zip Code)

(612) 623-6000

Registrant’s telephone number, including area code

Not Applicable

(Former name or former address if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange
on which registered

Common Stock   GGG   The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 11, 2026, the Board of Directors (the “Board”) of Graco Inc. (the “Company”) appointed Mr. Richard B. Lewis to serve as a director of the Company, effective December 3, 2026. Mr. Lewis was appointed to the class of directors whose terms expire at the 2027 annual meeting of shareholders of the Company.

Mr. Lewis has been appointed to serve on the Board’s Audit Committee, effective December 3, 2026. In connection with his appointment, Mr. Lewis will be receiving the standard director compensation as referenced in our Proxy Statement for the 2026 Annual Meeting.

 

Item 9.01.

Financial Statements and Exhibits.

 

(d)    Exhibits
99.1    Press Release dated September 11, 2026.
104    Cover Page Interactive Data File (included within the Inline XBRL document).


Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

            GRACO INC.
Date: September 14, 2026     By:  

/s/ Joseph James Humke

      Joseph James Humke
      Its: Executive Vice President, General Counsel and Corporate Secretary

Exhibit 99.1

 

LOGO

Graco Inc. Appoints Richard B. Lewis to the Board of Directors

September 11, 2026

MINNEAPOLIS--(BUSINESS WIRE)--Sep. 11, 2026-- Graco Inc. (NYSE:GGG) announced today that Richard B. Lewis has been appointed as a member of the company’s Board of Directors, effective December 3, 2026.

Mr. Lewis is President and Chief Executive Officer of Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, a role he has held since March 2026. He also serves on its board of directors. Previously, he was Donaldson’s Chief Operating Officer and held a broad range of senior leadership roles across the organization, including overseeing global operations and serving as President of its Mobile Solutions and Life Sciences businesses. Mr. Lewis holds a bachelor’s degree in industrial engineering from the University of Louisville and a Master of Business Administration from Indiana University-Purdue University Indianapolis.

“Rich’s operational and commercial experience and his successful track record in senior leadership positions at a public manufacturing company make him an excellent fit for the Graco Board. He has played an integral role in developing and executing successful strategies in a global organization,” said J. Kevin Gilligan, Graco’s Chairman of the Board. “On behalf of our Board and Directors, I am pleased to welcome Rich to Graco.”

Mr. Lewis will serve on the company’s Audit Committee.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260911411616/en/

FOR FURTHER INFORMATION:

Meredith Sobieck, 763-353-1498

Meredith_A_Sobieck@graco.com

Source: Graco Inc.

Filing Exhibits & Attachments

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