Graco Inc at Gabelli Funds Pump, Valve & Water Systems Symposium Transcript
So next up, we have Graco. Graco manufactures highly engineered fluid handling equipment that measures, mixes, controls, dispenses and sprays fluids for construction and industrial markets worldwide. Joining us today from Graco and braving the winter storms out in Minneapolis and most of the Midwest, very appreciative to have CFO, David Lowe; and Director of Corporate Treasury and Investor Relations, Chris Knutson.
David was named CFO in June 2021 after previously holding leadership roles as President of the Worldwide Process division and President of Worldwide Industrial Products division. He first joined the company in 1995 as Treasurer.
Chris was named Director of Corporate Treasury and Investor Relations in 2020 after previously holding financial positions, including Regional Controller for Asia Pacific and Director of Treasury and Regional Controller for South and Central America. He first joined Graco in 2008 after nearly 7 years as an audit manager at PwC.
Graco has 167 million shares outstanding. The stock trades around $70, $11.7 billion market cap, $243
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