TTC - The Toro Company

NYSE - Nasdaq Real Time Price. Currency in USD

The Toro Company

8111 Lyndale Avenue South
Bloomington, MN 55420
United States
952-888-8801
http://www.thetorocompany.com

SectorIndustrials
IndustryTools & Accessories
Full Time Employees6,715

Key Executives

NameTitlePayExercisedYear Born
Mr. Richard M. OlsonChairman, Pres & CEO1.97MN/A1964
Ms. Renee J. PetersonVP, Treasurer, CFO & Principal Accounting Officer1.01MN/A1962
Mr. Timothy P. DordellVP, Gen. Counsel & Sec.790.68k4.41M1962
Mr. Blake M. GramsVP of Global OperationsN/AN/A1967
Mr. Kurt D. SvendsenVP of Information ServicesN/AN/A1966
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

The Toro Company designs, manufactures, and markets professional and residential equipment worldwide. The company's Professional segment offers turf and landscape equipment products, including sports fields and grounds maintenance equipment, golf course mowing and maintenance equipment, landscape contractor mowing equipment, landscape creation and renovation equipment, rental and specialty construction equipment, and other maintenance equipment; and snow and ice management equipment, such as snowplows, salt and sand spreaders, and related parts and accessories for light and medium duty trucks, utility task vehicles, skid steers, and front-end loaders. It also provides irrigation products comprising sprinkler heads, electric and hydraulic valves, controllers, computer irrigation central control systems, coupling systems, and agricultural irrigation system drip tape and hose products, as well as professionally installed lighting products through distributors and landscape contractors. This segment sells its products primarily through a network of distributors and dealers to professional users engaged in maintaining golf courses, sports fields, municipal properties, agricultural fields, residential and commercial landscapes, and removing snow and ice, as well as directly to government customers, rental companies, and retailers. Its Residential segment provides walk power mowers, riding mowers, snow throwers, replacement parts, and home solution products that include trimmers, blowers, blower-vacuums, and underground and hose-end retail irrigation products. This segment sells its products to homeowners through a network of distributors and dealers; and various home centers, hardware retailers, and mass retailers, as well as online. The Toro Company was founded in 1914 and is headquartered in Bloomington, Minnesota.

Corporate Governance

The Toro Company’s ISS Governance QualityScore as of March 1, 2019 is 4. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 8; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.