Gardner Denver Marks First Day of Trading on New York Stock Exchange by Announcing More Than $100 Million in Equity Grants to Global Workforce

NEW YORK--(BUSINESS WIRE)--Gardner Denver Holdings, Inc. (NYSE: GDI), a leader in mission-critical flow control and compression solutions for industrial, energy and medical markets, marked its first day of trading on the New York Stock Exchange (NYSE) on May 12 by announcing more than $100 million in deferred stock unit grants to nearly 6,000 of its employees worldwide. In a video message to team members around the globe, Vicente Reynal, Gardner Denver CEO, and Pete Stavros, Gardner Denver Board Chairman and KKR Member and Head of its Industrials Private Equity Team, announced that in conjunction with the company’s initial public offering, each employee not already part of the company’s equity program – from hourly production to customer service to sales personnel – will receive a significant grant of company stock (in the form of deferred stock units). Reynal and Stavros told employees that their grant will be equal to 40 percent of their annual base salary.