Graham Corporation has appointed Jonathan W. Painter as Chairman of the Board of Directors, effective June 15, 2026. The leadership change follows the retirement of Daniel J. Thoren, who stepped down from his roles as Executive Chairman and Director. This transition is part of an executive succession plan announced in February 2025. Mr. Thoren will continue to serve as a Strategic Advisor to the Company through June 2027, focusing on business development initiatives.

Leadership Transition Details

Jonathan W. Painter assumes the top role at Graham Corporation, a global leader in the design and manufacture of mission critical fluid, power, heat transfer, vacuum, and advanced mixing technologies. The company serves the defense, space, energy, and process industries. Mr. Painter previously served as Chairman until June 2025, when he transitioned to Lead Independent Director as part of the Company's CEO succession plan. He will reassume the Chairman role to provide governance continuity as the leadership transition has been completed.

Daniel J. Thoren has retired from his position as Executive Chairman and Director. Despite stepping down from the Board, Mr. Thoren will remain with the organization in a limited capacity. His retirement marks the next phase of the CEO succession plan. Following this transition, the Board will return to seven directors, consistent with its prior structure, having been temporarily expanded to eight members to support the leadership change.

Strategic Advisor Role

Mr. Thoren will continue to serve as a Strategic Advisor to Graham Corporation through June 2027. In this capacity, he will focus on business development initiatives, ensuring continuity in key relationships during the transition period. Mr. Thoren transitioned from President and CEO to Executive Chairman in June 2025, working closely with CEO Matthew J. Malone and the leadership team on strategic initiatives.

Matthew J. Malone assumed the role of President and CEO in June 2025. Under his leadership, the Company has delivered strong operational and financial performance. Jonathan W. Painter expressed gratitude to Mr. Thoren for his contributions and confidence in Mr. Malone's vision to drive the company forward.

Graham Corporation will host an Analyst & Investor Day on June 18, 2026, to provide insights into its operations and strategy. The event will begin at 8:30 a.m. ET and feature sessions led by key members of the management team, including Matthew J. Malone, President and Chief Executive Officer, and Christopher J. Thome, Vice President - Finance and CFO. The initiative aims to engage with analysts and investors regarding the company's performance and future outlook.

Participants can access a live webcast of the presentation by registering online or visiting the Events & Presentation section of Graham Corporation's investor relations website. A replay of the event will be made available following the conclusion of the sessions, allowing stakeholders to review the material at their convenience.

Graham Corporation operates as a global leader in the design and manufacture of mission-critical fluid, power, heat transfer, vacuum, and advanced mixing technologies. The company serves the Defense, Space, Energy, and Process industries, leveraging its engineering expertise and proprietary technologies to deliver quality products and systems.

Event Details

The company regularly posts news and updates on its official website, where additional information about its businesses and operations can be found. The Analyst & Investor Day represents a key opportunity for stakeholders to hear directly from leadership about Graham Corporation's strategic direction.