Graco CEO on data center buildout, AI infrastructure play
Mark Sheahan, Graco CEO, joins 'Power Lunch' to discuss on data center buildout, its AI infrastructure play, celebrating 100 years as a company, and more.
President, Chief Executive Officer & Director, GRACO INC
Search every verified Mark Sheahan interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Mark Sheahan, president and CEO of Graco, discussed the company's 100th anniversary and its operations in two interviews on September 28, 2026. He attributed the company's longevity to resilience and a focus on delivering product solutions for customers, noting that Graco has evolved from a single product to hundreds of thousands of SKUs used in applications such as automotive painting, windshield assembly, water tower coating, and food processing. Sheahan also addressed cost management, stating that the company has navigated inflationary periods historically and can raise prices when necessary while aiming to launch products that drive customer value. Sheahan highlighted Graco's involvement in the AI data center buildout through its contractor business, which supplies equipment for constructing and painting buildings. He described the company as highly profitable, citing approximately 23% net after-tax operating profit margins, and noted that free cash flow has doubled over the past five years while the stock price has not. He mentioned that Graco has returned over $1 billion to shareholders through dividends and share repurchases in the last 18 months and outlined an acquisition strategy focused on businesses within its sphere of high-viscosity fluid handling, where it can add value through knowledge of applications and customers.
Mark Sheahan, Graco CEO, joins 'Power Lunch' to discuss on data center buildout, its AI infrastructure play, celebrating 100 years as a company, and more.
Graco CEO Mark Sheahan joins Kristen Scholer on NYSE Live to discuss the Firm's Biggest Lessons from a Century in Business.
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