AI brief of an SEC Form 8-K · Graco (GGG)

Graco Names David J. Thompson President of Contractor Equipment Division

Neutral Impact 3 of 5 leadership Written later

Graco said Dale D. Johnson, President of the Worldwide Contractor Equipment Division, plans to retire in the first quarter of 2025. David J. Thompson, currently Vice President of Engineering for that division, will succeed him as president effective January 1, 2024, while Johnson becomes Chief Commercial Development Officer. The filing describes a planned leadership transition in a division the company says has grown to more than $1 billion in business, and it reports no related compensation actions.

Key points

  • Dale D. Johnson to retire in the first quarter of 2025, after almost five decades at Graco
  • David J. Thompson to become President, Worldwide Contractor Equipment Division, effective January 1, 2024
  • Johnson to become Chief Commercial Development Officer on January 1, 2024 and remain an executive officer
  • No compensatory arrangements reportable under Form 8-K as of the filing date

The filing

CompanyGraco (GGG)
Form8-K, current report
Filed with the SECDec 5, 2023, 8:02 AM ET
Accession number0000042888-23-000054

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 05, 2023.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.