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Graco Expands Its Management Team And Announces Several Key New Management Assignments — New Positions Designed To Deliver Sustainable, Long-Term Growth And International Expansion

Stocks in this article: GGG

Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, announced today that effective January 1, 2013, the company is expanding its management team to capture new Process business opportunities, and increase international sales in the emerging economies of South and Central America.

Mark Eberlein, the current Business Development Director for the Industrial Products Division (IPD), will become the new Vice President and General Manager for the Process Division. In addition, Bernard Moreau, who currently serves as the Director of Sales and Marketing for Graco’s IPD and Applied Fluid Technologies Division (AFTD) in Europe, will relocate to South America to become the company’s first Vice President and General Manager for South and Central America.

“Expanding our capabilities on behalf of Process business customers, and increasing sales in emerging markets are key growth drivers for Graco,” said Pat McHale, President and Chief Executive Officer. “I look forward to the results that Mark and Bernard will deliver in support of these goals.”

The company also announced that Simon J.W. Paulis, Graco’s Vice President and General Manager for the Europe, Middle East and Africa (EMEA) region, will be retiring at the end of 2012 after 14 years of leadership at Graco. Jeffrey P. Johnson, the current Vice President and General Manager for the Asia Pacific region, will replace Paulis in the EMEA region. Johnson will relocate from Shanghai to Graco’s European headquarters in Belgium. Peter O’Shea, the current Director of Sales and Marketing for Graco’s IPD business in Asia Pacific, will become Vice President and General Manager, Asia Pacific, replacing Johnson.

In addition, the company announced that David M. Lowe was promoted to Executive Vice President of the Industrial Products Division earlier this year when the acquisition of the Gema Powder Finishing business was completed.

“I want to thank Simon for his many years of valuable leadership to the company as we significantly expanded our business in the European region,” said McHale. “I am confident that Jeff will build on Simon’s great work to expand our businesses in EMEA and that Peter will build on Jeff’s work in Asia Pacific. I also want to thank David for his years of exceptional service and congratulate him on his well-deserved promotion.”

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