Graco names Sanjiv Gupta as CFO, David Lowe to retire

Graco Inc. (NYSE: GGG) announced the appointment of Sanjiv Gupta as Chief Financial Officer and Treasurer, effective April 15, 2026. Gupta will replace David M. Lowe, who plans to retire after more than 30 years with the Minneapolis-based fluid management equipment manufacturer.

Gupta joins from General Motors Company (NYSE: GM), where he spent over 20 years in finance and operating roles. He most recently served as Vice President and Chief Financial Officer for GM International. His previous positions at GM included Executive Director of Corporate Financial Planning and Analysis, and President and Managing Director of GM India. Before GM, Gupta worked in operational roles at Nestlé.

"Sanjiv has an established track record of leading global finance and commercial teams," said Mark W. Sheahan, President and Chief Executive Officer. "He brings a deep understanding of the manufacturing industry, including an important end market served by Graco."

Gupta holds a Bachelor of Engineering in Industrial Engineering from Thapar University in India and a Master of Business Administration from Western University's Ivey School of Business in Canada.

Lowe, 70, has served as Chief Financial Officer and Treasurer since 2021 and held various operational leadership roles during his tenure with Graco, which began in 1995. He will remain available to assist with the transition through the end of May 2026.

The information is based on a company press release.

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