Mark W. Sheahan has been the CEO of Graco Inc., a leading manufacturer known for its fluid handling products, since June 2021. Before becoming CEO, Mark had a solid financial background, serving as the Chief Financial Officer from 2018. He...

Mark W. Sheahan has been the CEO of Graco Inc., a leading manufacturer known for its fluid handling products, since June 2021. Before becoming CEO, Mark had a solid financial background, serving as the Chief Financial Officer from 2018. He worked in various roles at Graco for over two decades, showing his long-term commitment to the company. One noteworthy point is that Mark's compensation reflects a strong company performance; in 2023, he earned a total of about $1.29 million, with a significant bonus linked to corporate sales and earnings results. Besides his leadership role, there are interesting insights into his trading activities. Mark's stock holdings saw remarkable growth, with values rising from around $2.92 million in late 2019 to over $6.78 million by early 2024. This increase demonstrates not just confidence in the company's future, but also a meaningful personal stake in its success. His strategic initiatives at Graco are closely watched as they shape the company's trajectory in various industries.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Graco CEOs

G

Mark W. Sheahan

CEO of Graco

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Industrials

Born

January 1, 1965 - 60 years ago

CEO of Graco for

3 years 9 months (Jun 2021 - Present)

Previous Experience

Vice President and General Manager of Applied Fluid Technologies Division from 2008 to 2018.

Rivals

Competitors/colleagues of Mark W. Sheahan

I

Vicente Reynal

CEO of Ingersoll Rand

2023 Compensation

Stock

$0.00

Salary

$1.13M

Bonus

$3.43M

Other

$175.95K

Total Holdings

$65.37M

D

Richard J. Tobin

CEO of Dover

2023 Compensation

Stock

$3.25M

Salary

$1.29M

Bonus

$2.00M

Other

$207.19K

Total Holdings

$69.71M

D

Tod E. Carpenter

CEO of Donaldson Company

2022 Compensation

Stock

$0.00

Salary

$1.06M

Bonus

$1.28M

Other

$182.89K

Total Holdings

$29.63M

N

Sundaram Nagarajan

CEO of Nordson

2023 Compensation

Stock

$0.00

Salary

$975.00K

Bonus

$331.01K

Other

$109.22K

Total Holdings

$22.71M

L

Christopher L. Mapes

CEO of Lincoln Electric Holdings

2023 Compensation

Stock

$2.59M

Salary

$1.11M

Bonus

$2.78M

Other

$320.35K

Total Holdings

$21.65M

I

E. Scott Santi

CEO of Illinois Tool Works

2022 Compensation

Stock

$0.00

Salary

$1.40M

Bonus

$0.00

Other

$0.00

Total Holdings

$70.26M

Holdings

See how much did Mark W. Sheahan make over time.

Mark W. Sheahan's stock holdings have reflected significant growth over the years. Starting at approximately $2.92 million in September 2019, the value of his holdings consistently rose each month, reaching $3.67 million by August 2020, and then hitting $4.76 million...

Mark W. Sheahan's stock holdings have reflected significant growth over the years. Starting at approximately $2.92 million in September 2019, the value of his holdings consistently rose each month, reaching $3.67 million by August 2020, and then hitting $4.76 million in January 2021. Following his appointment as CEO in June 2021, his investments took another leap, hitting $5.05 million by September of that year. Fast forward to December 2023, his holdings exceeded $6.78 million, showcasing a steady upward trajectory. This rise is a testament to both his confidence in Graco and the company's performance in the market, particularly in an evolving industry landscape where fluid handling solutions are crucial.

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Total Stock Sold

$15.37M

GGG

$15.37M

767,120 GGG shares

What if they kept their stock?

If Mark W. Sheahan didn't sell their stock, today they would have:
Extra GGG767,120 shares worth $35.78M.
This is 132.78% and $20.41M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Mark W. Sheahan.

GGG

$1.07M

GGG at $83.37/share

Jan 5, 2024

Sale

GGG

$99.83K

GGG at $79.04/share

Jul 31, 2023

Purchase

GGG

$3.66M

GGG at $67.79/share

Nov 11, 2020

Sale

GGG

$2.99M

GGG at $53.58/share

Aug 3, 2020

Sale

GGG

$2.55M

GGG at $47.17/share

Feb 26, 2019

Sale

GGG

$3.94M

GGG at $131.49/share

Oct 30, 2017

Sale

GGG

$3.72M

GGG at $79.13/share

Nov 10, 2016

Sale

GGG

$41.16K

GGG at $69.53/share

Feb 1, 2016

Purchase

GGG

$3.87M

GGG at $73.73/share

Aug 1, 2013

Sale

GGG

$2.31M

GGG at $61.62/share

May 7, 2013

Sale

Compensation History

See how much did Mark W. Sheahan make over time.

In 2023, Mark W. Sheahan's total compensation was around $1,289,194, with a salary of $985,000. A significant part of his paycheck came from a bonus of about $1.3 million, which was tied to the company's strong performance in net sales and earnings per share. Unlike previous years, there were no stock grants vested in 2023. However, he did receive over 245,000 stock options granted, highlighting the company's strategy to align executive incentives with long-term shareholder success. This balanced approach to compensation supports the idea that Mark is not just focused on immediate results but is also committed to sustaining growth over time.

Year

2023

Total Compensation

$2.31M

Salary

$985.00K

Board Justification

The compensation program is designed to reward short-term results and motivate long-term performance through a mix of base salary, short-term incentives, and long-term incentives, aligning executive interests with shareholder value.

Bonus

$1.30M

Board Justification

Based on 2023 corporate Net Sales and corporate Incentive EPS performance, Mr. Sheahan received a bonus payment under the Incentive Bonus Plan, representing 132% of his target award.

Other

$26.76K

Board Justification

Other compensation includes employee investment plan matching contributions and perquisites.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2023.

Performance Metrics

The performance metrics for the CEO's compensation in 2023 included Net Sales and Incentive EPS growth.

Other Graco CEOs

Here are other CEOs of Graco

Patrick J. McHale

Ex-CEO of Graco

June 2007 - June 2021