leadership
confidence high
sentiment neutral
materiality 0.55
Toro appoints Edric C. Funk as President and COO effective September 1, 2025
TORO CO
- Edric C. Funk appointed President and COO of Toro, effective September 1, 2025.
- Base salary of $700,000; annual incentive target increased to 90% of base for rest of FY 2025.
- One-time RSU grant of ~$1.5M, vesting in three equal annual installments.
- Funk joined Toro in 1996 and most recently served as group VP of Golf, Grounds and Irrigation.
- No family relationships with directors/executives or reportable related party transactions.
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