Graco Announces Regular Quarterly Dividend; David Ahlers Joins Graco as Vice President, Human Resources
September 19 2008 - 1:26PM
Business Wire
The Board of Directors of Graco Inc. (NYSE: GGG) has declared a
regular quarterly dividend of 18.5 cents per common share payable
on November 5, 2008, to shareholders of record at the close of
business on October 20, 2008. The Company has approximately 59.5
million shares outstanding. Graco also announces that David Ahlers
will join the company as Vice President, Human Resources effective
September 22, 2008. Immediately prior to joining Graco, Mr. Ahlers
was Chief Human Resources Officer at GMAC ResCap. He has over 25
years human resources management experience acquired through
several leadership roles, including those at Nabisco Biscuit
Company, Pillsbury Company, and Kraft General Foods. 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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