Graco Inc. Appoints Donaldson CEO Richard B. Lewis to Board of Directors

Executive Summary

On September 14, 2026, Graco Inc. ($GGG) submitted a Form 8-K reporting an event under Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers).

Key Event Details

• Appointee: Richard B. Lewis
• Role: Director, Member of the Audit Committee
• Board Action Date: September 11, 2026
• Effective Date: December 3, 2026
• Term: Class of directors whose terms expire at the 2027 Annual Meeting of Shareholders.
• Compensation: Standard non-employee director compensation as described in the Company's 2026 Annual Proxy Statement.
• Professional Background: Mr. Lewis is the President and Chief Executive Officer of Donaldson Company, Inc. (NYSE: DCI), where he also serves on the board of directors. Prior roles include Chief Operating Officer at Donaldson, along with leadership of their Mobile Solutions and Life Sciences divisions.

Trading & Governance Impact

• Trading Significance: Low. The filing covers a routine, governance-related board appointment with no immediate stock purchases, sales, or material changes in corporate strategy.
• Board Dynamics: The appointment adds operational, public company executive, and manufacturing leadership experience to Graco's board and Audit Committee.