In 2021, Patrick J. McHale earned $1.62M in total compensation at Graco, including $632.01K salary and $948.02K bonus. Most recently sold 15,254 shares in Feb 2021. Currently holds stock worth $16.53M. Led Graco as CEO for 13 years.
Compensation History
Annual executive compensation data for Patrick J. McHale, including salary, bonuses, and stock awards.
Year
2021
Total Compensation
$1.62M
Salary
$632.01K
Bonus
$948.02K
Other
$35.13K
Salary
$632.01KBoard Justification
Graco’s executive compensation program is designed to attract, retain, and motivate high-performing executives, with a focus on aligning their interests with those of shareholders through a pay-for-performance philosophy.
Bonus
$948.02KBoard Justification
Based on 2021 corporate net sales and corporate Incentive EPS performance, Mr. McHale received a $948,016 bonus payment under the Incentive Bonus Plan based on eight and one-half months of participation in the Incentive Bonus Plan.
Other Compensation
$35.13KBoard Justification
Includes reimbursement for financial planning expenses, spousal travel, and miscellaneous travel.
Restricted Stock
Board Justification
Mr. McHale did not receive a stock option award in 2021 due to his impending retirement.
Performance Metrics
The performance metrics for 2021 included corporate net sales and corporate Incentive EPS growth.
Patrick J. McHale
Ex-CEO of Graco
Field of Expertise
Business & Management
Sector of Economy
Industrials
Born
January 1, 1975 - 50 years ago
CEO of Graco for
13 years 11 months (Jun 2007 - Jun 2021)
Previous Experience
Vice President and General Manager, Lubrication Equipment Division since June 2003.
Holdings
Track Patrick J. McHale's stock holdings and portfolio value over time.
Total Stock Sold
$81.24M
$81.24M
1,670,350 GGG shares
What if they kept their stock?
If Patrick J. McHale didn't sell their stock, today they would have:
Extra GGG1,670,350 shares worth $139.34M.
This is 71.52% and $58.10M more than what they got when they sold the stock.
Insider Trading
Patrick J. McHale's recent stock transactions, purchases, and sales filed with the SEC.
$1.07M
GGG at $70.15/share
Feb 17, 2021
Sale
$22.91M
GGG at $62.87/share
Nov 2, 2020
Sale
$398.15K
GGG at $62.02/share
Oct 29, 2020
Sale
$14.12M
GGG at $62.77/share
Oct 27, 2020
Sale
$10.01M
GGG at $54.21/share
Jul 27, 2020
Sale
$1.14M
GGG at $56.02/share
Feb 14, 2020
Sale
$2.10M
GGG at $55.78/share
Feb 12, 2020
Sale
$9.34M
GGG at $51.17/share
Apr 29, 2019
Sale
$10.01M
GGG at $45.16/share
May 7, 2018
Sale
$2.58M
GGG at $108.70/share
May 4, 2017
Sale
Rivals
Compare Patrick J. McHale with competitor CEOs and industry peers.
Vicente Reynal
CEO of Ingersoll Rand
2023 Compensation
Stock
$0.00
Salary
$1.13M
Bonus
$3.43M
Other
$175.95K
Total Holdings
$49.37M
Richard J. Tobin
CEO of Dover
2023 Compensation
Stock
$3.25M
Salary
$1.29M
Bonus
$2.00M
Other
$207.19K
Total Holdings
$104.20K
Tod E. Carpenter
CEO of Donaldson Company
2022 Compensation
Stock
$0.00
Salary
$1.06M
Bonus
$1.28M
Other
$182.89K
Total Holdings
$850.82K
Sundaram Nagarajan
CEO of Nordson
2023 Compensation
Stock
$0.00
Salary
$975.00K
Bonus
$331.01K
Other
$109.22K
Total Holdings
$11.11M
Christopher L. Mapes
CEO of Lincoln Electric Holdings
2023 Compensation
Stock
$2.59M
Salary
$1.11M
Bonus
$2.78M
Other
$320.35K
Total Holdings
$176.23K
E. Scott Santi
CEO of Illinois Tool Works
2022 Compensation
Stock
$0.00
Salary
$1.40M
Bonus
$0.00
Other
$0.00
Total Holdings
$634.58M