Minneapolis, Minnesota Graco's Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was a Robust 12.1% Per Year During the Past Ten Years

I think that Pete Buttigieg was the clear winner in the recent 2020 Democratic Presidential Primary Debate held recently in Los Angeles.  Mayor Pete very successfully warded off a vicious barrage of strange attacks from several parties.  I think Amy Klobuchar was the clear loser in this debate, attacking Pete irrationally as if she were acting in desperation.  Her nastiness here is consistent with the rumor that she does not treat her own staff well.

I have researched and made posts related to Top-Tier Executive Total Compensation in most of the largest companies headquartered in the four earliest 2020 Democratic Primary States ..... Iowa, New Hampshire, Nevada and South Carolina.

Then, of the 14 Super Tuesday US States holding their 2020 Democratic Presidential Primaries on March 3, 2020, I made like posts related to most of the largest Texas Companies, most of the largest Southern California companies, most of the largest technology companies headquartered in Northern California and most of the largest North Carolina Companies.

My research has shown that Elizabeth Warren, Bernie Sanders and Tom Steyer are all spot on when they assert that US Corporate Financial Corruption is rampant.  But the problem is that none of the three have any clue on precisely the cause or how to effectively fix this huge problem which is also the primary cause of the huge, continuing US income inequality expansion which has been occurring for decades.

But even worse, even though he is a very nice man, Joe Biden is so naive that he isn't even aware of the extent of this continuing huge US income inequality expansion or precisely its cause which has been occurring under his nose for the past forty plus years, nor is he aware of, or else has decided to ignore, just how huge the largest US tax shelters are which are located right under his nose in his home State of Delaware, mostly in one Wilmington building.

On the very negative side, voting for many years for the Annual Income Tax Loophole Extenders which dramatically increased US income inequality expansion each year were Amy Klobuchar and Joe Biden.  On the positive side, voting for many years against these same Annual Income Tax Loophole Extenders were Elizabeth Warren and Bernie Sanders.

So now I will be addressing Top-Tier Executive Compensation for five to ten years in some of the largest companies in the State of Minnesota, one of the 14 Super Tuesday 2020 Democratic Presidential Primary US States.  

I will be doing this research mostly by stock market capitalization and thus the 15th Minnesota Company that I am addressing here is Graco.

From annual compensation information contained in Proxy Statement filings with the US SEC, the chart below shows Graco's Top-Tier Executives Annual Total Compensation for each of the two consecutive full years of employment for the past ten years.  

Graco's Top-Tier Executives Average Annual Pay and Employee Benefits Increase was a robust 12.1% per year during the past ten years.

	FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE
	Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec
Graco	2018	2017		2017	2016		2016	2015		2015	2014		2014	2013
Top-Tier	Total	Total		Total	Total		Total	Total		Total	Total		Total	Total
Executive	Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp
	$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s
McHale CEO	6,414	7,234		7,234	5,794		5,794	5,892		5,892	6,628		6,628	4,607
Sheahan CFO	1,314	1,526		1,526	1,167		1,167	1,057		1,234	1,399
Rothe	1,613	1,357		1,357	1,051		1,051	874
Dale Johnson	1,196	1,609		1,609	1,580		1,580	1,802		1,802	2,120		2,120	1,253
Lowe	1,213	1,442		1,442	1,162
Jeffrey Johnson				1,381	1,220		1,220	1,257		1,257	1,263		1,263	1,240
Graner Former CFO										1,752	2,195		2,195	1,742
Totals	11,750	13,168		14,549	11,974		10,812	10,882		11,937	13,605		12,206	8,842
Annual % Change vs Prior Year	-10.8%			21.5%			-0.6%			-12.3%			38.0%
5 Year Average Per Year % Change		7.2%
	FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE
	Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec
Graco	2013	2012		2012	2011		2011	2010		2010	2009		2009	2008
Top-Tier	Total	Total		Total	Total		Total	Total		Total	Total		Total	Total
Executive	Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp
	$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s
McHale CEO	4,607	4,728		4,728	5,106		5,106	2,960		2,960	1,786		1,786	2,125
Dale Johnson	1,253	1,250		1,250	1,388		1,388	1,196		1,196	705		705	795
Lowe				1,061	985		985	879		879	560
Jeffrey Johnson	N/A	N/A
Graner Former CFO	1,742	1,537		1,537	1,635		1,635	1,191		1,191	629		629	811
Paulis Former VP				958	1,151		1,151	1,048		1,048	758		758	766
Totals	7,602	7,515		9,534	10,265		10,265	7,274		7,274	4,438		3,878	4,497
Annual % Change vs Prior Year	1.2%			-7.1%			41.1%			63.9%			-13.8%
5 Year Average Per Year % Change		17.1%
10 Year Average Per Year % Change		12.1%