Graco Announces Senior Management Appointments
September 06 2005 - 9:19AM
Business Wire
Graco Inc. (NYSE:GGG) today announced that it has created two new
senior management positions reporting directly to David A. Roberts,
Graco's President and Chief Executive Officer. The new position of
Chief Financial Officer will lead the areas of finance, accounting,
treasury, tax and facilities at Graco. The new position of Chief
Administrative Officer will lead Graco's human resources,
information systems, internal audit, corporate development and
investor relations functions. In connection with the creation of
the new positions, Graco announced the following appointments
effective immediately: James A. Graner, age 60, has been named
Chief Financial Officer of Graco. Prior to this appointment Mr.
Graner has served as Graco's Vice President and Controller since
February 1994. During his 31 years with Graco, Mr. Graner has held
various managerial positions in the treasury, accounting and
information systems departments. Mark W. Sheahan, age 41, has been
named Chief Administrative Officer of Graco. Mr. Sheahan joined
Graco in 1995 and has served as Graco's Treasurer since 1996 and as
Vice President and Treasurer since 1998. In his new position, Mr.
Sheahan will assume responsibility for human resources, information
systems and internal audit while continuing to be responsible for
investor relations and corporate development at Graco. In addition
to the above, Graco announced the following changes to its senior
management team effective immediately: Karen P. Gallivan, age 49,
has been named Vice President, General Counsel and Secretary of
Graco. Ms. Gallivan has previously served as Graco's Vice President
Human Resources since 2003. Prior to joining Graco, Ms. Gallivan
has held various leadership positions in the areas of legal, human
resources and communications and has served as the General Counsel
for one of her previous employers. She was admitted to practice law
in the State of Minnesota in 1983. Simon J.W. Paulis, age 57, has
been named to the position of Vice President and General Manager,
Europe. Mr. Paulis, who has been serving as Graco's General Manager
of European Operations since February 2005, joined Graco in 1999
and served as the European Sales and Marketing Director of the
Contractor Equipment Division prior to February 2005. Graco also
announced the retirement of Robert M. Mattison, age 57, from the
positions of Vice President, General Counsel and Secretary of
Graco. "These senior executive appointments represent an
opportunity for us to further strengthen our management team and to
insure a strong team is in place to support the growth we have been
enjoying," said Graco's President and Chief Executive Officer David
A. Roberts. "I am looking forward to the contributions that Jim
Graner, Mark Sheahan, Karen Gallivan and Simon Paulis will make in
their new roles. I also welcome Simon Paulis to our executive team.
He has been instrumental in growing our Contractor business in
Europe and I am confident he will do the same with our European
Industrial and Lubrication businesses in the future. I want to also
thank Bob Mattison for his many years of service to Graco and wish
him well in his retirement." Graco Inc. supplies technology and
expertise for the management of fluids in both industrial and
commercial applications. It designs, manufactures and markets
systems and equipment to move, measure, control, dispense and spray
fluid 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.
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