Graco Inc. appoints Steven B. Hedlund to board of directors

By Bobby Samwell • Monday, June 15 10:51 • Permanent Link

Graco Inc. has appointed Steven B. Hedlund to its board of directors, with the change set to take effect Sept. 10, 2026.

Hedlund is president and chief executive officer of Lincoln Electric Holdings, a role he has held since January 2024, and also serves as chairman of that company. Before that, he was Lincoln Electric’s chief operating officer and held leadership roles in operations, strategy and business development. Earlier in his career, he was vice president of growth and innovation and vice president of strategy and new business development at Fortune Brands, and he also worked as a principal at Booz Allen Hamilton.

Graco said Hedlund will join its Audit Committee and its Management Organization and Compensation Committee.

Board Chairman J. Kevin Gilligan said Hedlund brings experience in manufacturing, international markets and global go-to-market strategy. Hedlund holds both a bachelor’s degree and an MBA from Dartmouth College. As a result of these announcements, the company's shares have moved 0.84% on the market, and are now trading at a price of $75.23. If you want to know more, read the company's complete 8-K report here.

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