{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-007000","form_type":"8-K","ticker":"TTC","cik":"0000737758","company_name":"TORO CO","filed_at":"2023-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.944324+00:00","generated_at":"2026-06-19T14:52:38.614247+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Toro CFO Renee Peterson to retire in July 2023; Angela Drake named successor effective March 10","bullets":["Renee J. Peterson, VP & CFO for 11+ years, plans to retire in July 2023; Angela C. Drake appointed VP & CFO effective March 10, 2023.","Drake's compensation package: $565,000 base salary, 65% target cash incentive, $850,000 RSU grant vesting over three years.","Drake previously served as VP Finance (2022) and VP Construction; joined Toro through the Charles Machine Works acquisition in 2019.","Peterson will remain as VP Finance through July to ensure orderly transition."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-007000","json":"https://secwatch.observer/filing/0001140361-23-007000.json","markdown":"https://secwatch.observer/filing/0001140361-23-007000.md","text":"https://secwatch.observer/filing/0001140361-23-007000.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/737758/000114036123007000/0001140361-23-007000-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/737758/000114036123007000/ny20007515x1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T14:52:38.614247+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"21e4fe6acd","claim":"Angela C. Drake was appointed as Vice President, Chief Financial Officer at TORO CO.","evidence_excerpt":"Also on February 13, 2023, the Board of Directors of TTC promoted Angela C. Drake, age 50, to Vice President, Chief Financial Officer, effective as of March 10, 2023, to succeed Ms. Peterson and serve as TTC’s principal financial officer and principal accounting officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/737758/000114036123007000/0001140361-23-007000-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"promoted"},{"label":"Role","value":"Vice President, Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"971346015e","claim":"Renee J. Peterson departed as Vice President, Chief Financial Officer at TORO CO.","evidence_excerpt":"After more than 11 years of service to The Toro Company (“TTC”), Renee J. Peterson, Vice President, Chief Financial Officer, notified TTC on February 13, 2023, of her decision to retire in July 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/737758/000114036123007000/0001140361-23-007000-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retire"},{"label":"Role","value":"Vice President, Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}