Lee Mitau - Graco Chairman

GGG Stock  USD 85.14  0.12  0.14%   

Chairman

Mr. Lee R. Mitau is an Independent Chairman of the Board of the Company. He was Executive Vice President and General Counsel of U.S. Bancorp, the fifthlargest commercial bank in the United States by assets, from 1995 until his retirement in March 2013. Mr. Mitau was a director of Graco since May 1990. He served as Chairman of the Board of the Company from May 2002 until April 2006 and was serving as Chairman of the Board of the Company since June 2007. He also serves as Chairman of the Board of H.B. Fuller Company, a position he has held since 2006. Among other qualifications, Mr. Mitau brings to our Board extensive public company legal and governance expertise developed in his roles as an executive, a director and as the former chair of the corporate and securities practice of a global law firm. In addition, he is an expert in corporate finance and mergers and acquisitions. Mr. Mitaus long service on our Board and his indepth knowledge of our business, combined with his leadership and corporate governance skills, make him particularly wellqualified to be our Chairman and Chair of our Governance Committee. since 2007.
Age 72
Tenure 18 years
Address 88-11th Avenue Northeast, Minneapolis, MN, United States, 55413
Phone612 623 6000
Webhttps://www.graco.com
Mitau was a director of Graco since May 1990. He served as Chairman of the Board of the Company from May 2002 until April 2006 and was serving as Chairman of the Board of the Company since June 2007. He also serves as Chairman of the Board of H.B. Fuller Company, a position he has held since 2006. Among other qualifications, Mr. Mitau brings to our Board extensive public company legal and governance expertise developed in his roles as an executive, a director and as the former chair of the corporate and securities practice of a global law firm. In addition, he is an expert in corporate finance and mergers and acquisitions. With over twentysix years on our Board, Mr. Mitau has developed an indepth knowledge of our business. His long history with our Company, combined with his leadership and corporate governance skills, makes him particularly wellqualified to be our Chairman and Chair of our Governance Committee.

Lee Mitau Latest Insider Activity

Tracking and analyzing the buying and selling activities of Lee Mitau against Graco stock is an integral part of due diligence when investing in Graco. Lee Mitau insider activity provides valuable insight into whether Graco is net buyers or sellers over its current business cycle. Note, Graco insiders must abide by specific rules, including filing SEC forms every time they buy or sell Graco'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Graco Management Efficiency

The company has Return on Asset of 0.125 % which means that on every $100 spent on assets, it made $0.125 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2073 %, implying that it generated $0.2073 on every 100 dollars invested. Graco's management efficiency ratios could be used to measure how well Graco manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Graco's Return On Capital Employed is most likely to slightly decrease in the upcoming years. The Graco's current Return On Equity is estimated to increase to 0.35, while Return On Tangible Assets are projected to decrease to 0.15. At this time, Graco's Other Current Assets are most likely to increase significantly in the upcoming years. The Graco's current Total Current Assets is estimated to increase to about 1.6 B, while Intangible Assets are projected to decrease to roughly 105.9 M.
Graco Inc has 50.06 M in debt with debt to equity (D/E) ratio of 0.08, which may show that the company is not taking advantage of profits from borrowing. Graco Inc has a current ratio of 2.92, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Graco to invest in growth at high rates of return.

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Graco Inc. designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The company was incorporated in 1926 and is headquartered in Minneapolis, Minnesota. Graco operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 3800 people. Graco Inc (GGG) is traded on New York Stock Exchange in USA. It is located in 88-11th Avenue Northeast, Minneapolis, MN, United States, 55413 and employs 4,000 people. Graco is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Graco Inc Leadership Team

Elected by the shareholders, the Graco's board of directors comprises two types of representatives: Graco inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Graco. The board's role is to monitor Graco's management team and ensure that shareholders' interests are well served. Graco's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Graco's outside directors are responsible for providing unbiased perspectives on the board's policies.
Peter OShea, President, Worldwide Lubrication Equipment Division, and President, South and Central America
Patrick McHale, President, Chief Executive Officer, Director
Angela Wordell, Executive Vice President - Operations, President - Worldwide Oil & Natural Gas Division
David Lowe, Executive Vice President - Industrial Products Division
Ronita Banerjee, Executive Officer
Kathryn Schoenrock, Executive Vice President Principal Accounting Officer, Corporate Controller
Christian Rothe, President - Worldwide Applied Fluid Technologies Division
Jeffrey Johnson, VP and General Manager of Europe, Middle East and Africa Region
Mark Sheahan, VP and General Manager of Applied Fluid Technologies Division
Laura Evanson, Executive Marketing
Anthony Gargano, President - Asia Pacific
David Ahlers, Executive Vice President - Human Resources and Corporate Communications
Christopher Knutson, Investor Treasury
Joseph Humke, Executive Vice President General Counsel and Corporate Secretary
Brian Zumbolo, Vice President General Manager - Lubrication Equipment Division
Karen Gallivan, Executive Vice President, General Counsel, Corporate Secretary
Dale Johnson, VP and General Manager of Contractor Equipment Division
Timothy White, President - White Knight and QED Environmental Systems
Martha Morfitt, Independent Director
David Thompson, President Division
Chris Knutson, Director - Corporate Treasury, Investor Relations and South & Central America Regional Controller
Brett Carter, Independent Director
Kevin Wheeler, Independent Director
Eric Etchart, Independent Director
Jody Feragen, Independent Director
Mark JD, CEO President
Caroline Chambers, Executive Vice President, Corporate Controller, Information Systems
Claudio Merengo, Executive Division
Bernard Moreau, Vice President and General Manager, South and Central America
Emily White, Independent Director
Robert Sant, Independent Director
Jack Eugster, Independent Director
J Gilligan, Independent Director
Inge Grasdal, Executive Vice President Corporate Development
Lee Mitau, Chairman, Chairman of Governance Committee and Member of Management Organization and Compensation Committee

Graco Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Graco a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Graco Inc is a strong investment it is important to analyze Graco's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Graco's future performance. For an informed investment choice regarding Graco Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Graco Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Graco. If investors know Graco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Graco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.08)
Dividend Share
1.02
Earnings Share
2.84
Revenue Per Share
12.64
Quarterly Revenue Growth
(0.04)
The market value of Graco Inc is measured differently than its book value, which is the value of Graco that is recorded on the company's balance sheet. Investors also form their own opinion of Graco's value that differs from its market value or its book value, called intrinsic value, which is Graco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Graco's market value can be influenced by many factors that don't directly affect Graco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Graco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Graco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Graco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.