Graco Names Mark W. Sheahan CFO and Treasurer and Christian E. Rothe President of Its Worldwide AFTD Business
June 18 2018 - 8:58AM
Business Wire
The Board of Directors of Graco Inc. (NYSE: GGG), a
leading manufacturer of fluid handling equipment, has named
Mark W. Sheahan Chief Financial Officer and Treasurer, and
Christian E. Rothe President of its Worldwide Applied Fluid
Technologies Division (AFTD), part of its Industrial reporting
segment, effective today.
“Mark and Christian have delivered consistently strong
performance in their current roles, and we expect both will make
significant contributions to Graco over the long term. Consistent
with our philosophy of building a solid leadership bench through
thoughtful job assignments for high performers, these assignments
will broaden their skill sets and allow each to gain new
perspectives on the business,” said Patrick J. McHale, Graco’s
President and CEO. “This is a tremendous opportunity for them as
individuals and for the Company, and these moves demonstrate our
continued investment in the development of our key talent.”
Mr. Sheahan joined Graco in 1995 and has held senior management
positions including Vice President and General Manager, Applied
Fluid Technologies Division, since February 2008; Chief
Administrative Officer from 2005 to 2008, responsible for human
resources, information systems, investor relations and internal
audit functions; and Vice President and Treasurer from 1998 to
2005. He was named Treasurer in 1996. Prior to Graco, he was a
Senior Tax Manager at KPMG. Mr. Sheahan holds a Bachelor of
Business Administration degree in Accounting from the University of
Minnesota – Twin Cities and a J.D. from William Mitchell
College of Law.
Mr. Rothe most recently served as Graco’s Chief Financial
Officer and Treasurer, a role he has held since September 2015. He
first joined the Company in 2011 as Vice President and Treasurer.
Prior to Graco, Mr. Rothe held a series of finance roles of
increasing responsibility at Gardner Denver, Inc., including Vice
President and Treasurer, Vice President, Finance – Industrial
Products Segment, and Director of Strategic Planning and
Development. Mr. Rothe holds a Bachelor of Science degree in
Accounting from the Herberger School of Business at St.
Cloud State University, an MBA from the University of
Minnesota’s Carlson School of Management and is a CPA
(inactive).
ABOUT GRACOGraco 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 or on Twitter @GracoInc.
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version on businesswire.com: https://www.businesswire.com/news/home/20180618005623/en/
Graco Inc.Charlotte Boyd,
612-623-6153Charlotte_M_Boyd@graco.com
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