Graco Inc. will appoint Richard B. Lewis as a director effective December 3, 2026, and place him on the Audit Committee. The move gives investors a defined board and committee change, with Lewis joining the class whose terms expire at the 2027 annual meeting and receiving standard director compensation.

Key Highlights

  • Lewis will join the director class whose terms expire at Graco’s 2027 annual meeting.
  • The incoming director will receive standard compensation described for directors in Graco’s Proxy Statement for the 2026 Annual Meeting.
  • Lewis is president and chief executive officer of Donaldson Company and serves on its board.

Lewis Brings Public Manufacturing Experience

The board made the appointment on September 11, 2026. Lewis is president and chief executive officer of Donaldson Company, Inc. (NYSE: DCI), where he also serves as a director. His earlier responsibilities included chief operating officer and senior Leadership roles covering global operations, Mobile Solutions and Life Sciences. Graco (NYSE: GGG) Chairman J. Kevin Gilligan cited Lewis’s operational and commercial experience, along with his senior leadership record at a public manufacturing company, in welcoming the appointment. Graco supplies technology and expertise for managing fluids and coatings in industrial and commercial applications.

Audit Committee Role Starts December 3

Lewis’s Audit Committee appointment takes effect on the same date as his board service. Graco said he will receive the standard director compensation referenced in its Proxy Statement for the 2026 Annual Meeting. The board appointment and committee assignment therefore become effective December 3, 2026.