The new appointments align with the move of Mark W. Sheahan from CFO and treasurer to president and CEO.
The Graco Inc. board of directors has named David M. Lowe chief financial officer and treasurer, while Timothy R. White will take on the role of president of the company’s Worldwide Process Division, effective June 10, 2021. The moves are in alignment with Mark W. Sheahan moving from the CFO and treasurer role to the president and CEO role on June 10.
"I believe this will be a seamless transition, as both David and Tim have decades of Graco experience," said Sheahan. "Between David's strong financial acumen and Tim's mix of operational and commercial experience, I'm happy to have both individuals in key roles on the leadership team."