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Graco Appoints Ronita Banerjee as Executive Vice President and Chief Human Resources Officer
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management
Rhea-AI Summary
Graco Inc. (NYSE: GGG) has appointed Ronita Banerjee as Executive Vice President and Chief Human Resources Officer, effective May 24, 2023. She succeeds David Ahlers, who is retiring after 14 years. Banerjee previously held HR leadership roles at Westinghouse Electric Company, where she was Chief Human Resources Officer, and at Honeywell as a Global HR Vice President. Her experience is expected to enhance Graco’s HR initiatives, especially within manufacturing sectors. Banerjee holds a Master of Arts in Human Resources from the University of Minnesota and an MBA from Symbiosis Center for Management in India. This leadership change aims to bring fresh insights to Graco, continuing its legacy of success in fluid handling technology.
Positive
Ronita Banerjee offers extensive HR experience, which may improve Graco's employee engagement and retention strategies.
Her background in respected manufacturing companies could lead to enhanced global HR initiatives.
Negative
The transition period may create uncertainty as the company adjusts to new leadership.
David Ahlers' retirement after 14 years may lead to concerns about continuity and experience gaps.
MINNEAPOLIS--(BUSINESS WIRE)--
Graco Inc.(NYSE: GGG), a leading manufacturer of fluid handling equipment, today announced that, effective May 24, 2023, Ronita Banerjee will be joining Graco as the company’s Executive Vice President and Chief Human Resources Officer.
“Ronita brings impressive credentials as a human resources leader,” said Mark Sheahan, Graco’s President and Chief Executive Officer. “She has been instrumental in her previous roles leading global human resources initiatives for respected manufacturing companies. She has substantial experience in working for companies like Graco that have employees who maintain a wide variety of skillsets and positions. I am pleased to welcome Ronita to the Graco team and am confident that she will bring a wealth of insight and value to the company.”
Ms. Banerjee will be the successor to David Ahlers, the company’s previous Executive Vice President of Human Resources, who is retiring after 14 years of service with the company. “I want to thank David for his many contributions to Graco,” said Sheahan. “David’s leadership has been integral to our success over his years of service. Along with everyone in the Graco family, I wish him a long, happy and well-deserved retirement.”
Ms. Banerjee joins Graco from Westinghouse Electric Company, based in Pittsburgh, PA, where she served in several human resources leadership roles since 2019 and, most recently, as the Chief Human Resources Officer. Prior to joining Westinghouse Electric, Ronita worked for Honeywell Inc., where she was a Global HR Vice President for a business division.
Ms. Banerjee holds a Master of Arts degree in Human Resources and Industrial Relations from the University of Minnesota and a Master of Business Administration degree (Post Graduate Diploma in Management) from the Symbiosis Center for Management and Human Resource Development located in Pune, India.
ABOUT GRACO
Graco Inc. supplies technology and expertise for the management of fluids and coatings in both industrial and commercial applications. It designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid and powder materials. A recognized leader in its specialties, Minneapolis-based Graco serves customers around the world in the manufacturing, processing, construction and maintenance industries. For additional information about Graco Inc., please visit us at www.graco.com.
