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Tennant TNC

US equityMarket cap rank #3155Specialty Industrial Machinery
$65.87 −$2.30 (-3.37%)
Pre-market · Oct 8, 7:00 am ET · After hours $65.87 0.00%
Open$67.16
Prev close$68.17
Day range$65.32 – $67.23
Volume131.5K
Market cap$1.12B
P/E (TTM)63.3
Dividend yield1.86%
Founded1870
CEOMr. David W. Huml
Employees4,484
HeadquartersEden Prairie, United States of America
Websitewww.tennantco.com

Revenue per employee

$231.5K$248.5K$265.5K$282.5KDec '18Dec '21Dec '25

4,484 employees as of 2025/FY (-3.2% YoY). Revenue per employee is total revenue divided by headcount — a rough productivity gauge, not a per-worker pay figure.

Management team

David W. Huml Director, President and Chief Executive Officer
Age 57 · Total comp. $5,135,240.00 · As of 17 Mar 2026

David W. Huml (57) has served as the Company's President and Chief Executive Officer since March 2021, after serving as Chief Operating Officer from March 2020 to March 2021. Mr. Huml joined the Company in November 2014 as Senior Vice President, Global Marketing and was named President and Chief Executive Officer March 1, 2021. In January 2016, he also assumed oversight for the Company's APAC business unit, and in January 2017, he assumed oversight for the Company's EMEA business. From 2006 to October 2014, he held various positions with Pentair plc, a global manufacturer of water and fluid solutions, valves and controls, equipment protection and thermal management products, most recently as Vice President, Applied Water Platform. From 1992 to 2006, he held various positions with Graco Inc., a designer, manufacturer and marketer of systems and equipment to move, measure, control, dispense and spray fluid and coating materials, including Worldwide Director of Marketing, Contractor Equipment Division

Fay West Senior Vice President, Chief Financial Officer and Principal Accounting Officer
Age 56 · Total comp. $2,040,065.00 · As of 29 Jul 2026

Ms. West joined the Company in 2021. In the five years she has held her current role, her significant contributions include serving as a principal architect of the Company's enterprise growth strategy; providing executive oversight and guidance across our global Finance function; developing and deploying a robust planning and capital allocation framework; standing up our M&A strategy and function; and injecting fresh energy and focus into investor engagement activities. On July 27, 2026, Fay West, Senior Vice President, Chief Financial Officer of Tennant Company, gave notice of her intention to retire after her successor has been hired and an appropriate transition period has occurred, but no earlier than April 2, 2027.

Richard H. Zay Chief Operating Officer
Age 55 · Total comp. $1,771,224.00 · As of 16 Jun 2026

On June 17, 2026, Tennant Company announced the appointment of Richard H. (Rusty) Zay to the position of Chief Operating Officer, effective July 1, 2026. Zay, currently serving as the organization's Chief Commercial Officer, has been on the company's leadership team since 2010. An industry veteran with more than 25 years of experience in sales, marketing, and operations, he previously held leadership roles in other companies, including Whirlpool Corporation and Maytag Corporation. Zay joined Tennant Company in June of 2010, initially serving as Vice President, Global Marketing. In 2014, he was promoted to Vice President of Americas Sales and Service. Following that, he served as the Senior Vice President, Innovation & Technology before assuming his current role as Chief Commercial Officer. Zay holds a Bachelor of Science in Management from Purdue University. Zay's leadership has extended beyond Tennant Company through his service as President and Secretary of the Association of American Cleaning Equipment Manufacturers, where he has contributed to broader industry leadership and advancement. He also served on the Holy Family Catholic High School Board of Directors and Finance Committee.

Kristin A. Erickson Senior Vice President, Chief Human Resources Officer, General Counsel and Corporate Secretary
Age 53 · Total comp. $1,352,881.00 · As of 23 Feb 2026

Kristin A. Erickson (53) Kristin A. Erickson has served as the Company's Senior Vice President, Chief Human Resources Officer since February 1, 2026, and interim SVP, Chief Human Resources Officer since June 2025, in addition to her role as SVP, General Counsel and Corporate Secretary. She also served as interim SVP, Chief Human Resources Officer from June-November 2023. Ms. Erickson joined the Company's legal department in April 2008, serving in roles of increasing responsibility, including as Vice President, Deputy General Counsel and Chief Compliance Officer from 2019 to 2020. Ms. Erickson was named Senior Vice President, General Counsel and Corporate Secretary in December 2020. In her time as general counsel she has led the Company's legal, corporate and product compliance, business continuity and sustainability functions. Prior to joining Tennant in 2008, she served as Senior Counsel and Assistant Secretary for MoneyGram International, Inc., from 2004 to 2008. She started her career as a corporate attorney for Lindquist & Vennum, PLLP (n/k/a Ballard Spahr LLP).).

Donal L. Mulligan Chairman of the Board
Age 65 · Total comp. $284,972.00 · As of 17 Mar 2026

Donal L. Mulligan, Former Executive Vice President and Chief Financial Officer for General Mills, Inc., one of the world's largest food companies, from 2007 to February 2020, and Senior Advisor to Chief Executive Officer, General Mills from February 2020 to June 2020. Held various executive positions with General Mills from 2001 to 2007, including Vice President Financial Operations for the International division; Vice President Financial Operations for Operations and Technology; and Vice President and Treasurer. Served as Chief Financial Officer, International, for The Pillsbury Company from 1999 to 2001. Held various international positions with PepsiCo Inc. and YUM! Brands, Inc. from 1987 to 1998, including Regional CFO, Americas; Finance Director, Asia; and Finance Director, Canada. Other U.S. Public Company Board Memberships (Current and Past Five Years): Herbalife, Ltd. (2021 to present); Energizer Holdings, Inc. (2021 to present). Other U.S. Public Company Board Memberships (Current and Past Five Years): Herbalife, Ltd. (2021 to present); Energizer Holdings, Inc. (2021 to present).

Timothy R. Morse Independent Director
Age 57 · Total comp. $220,972.00 · As of 17 Mar 2026

Mr. Timothy R. Morse, Board member and advisor to early- to mid-stage start-up companies since 2018. Chief Executive Officer, Ten-X, an online real estate marketplace company, from 2015 to 2018. Chief Financial Officer, Ten-X from 2014 to 2015. Held various positions with Yahoo! Inc., including Chief Financial Officer from 2009 to 2012 and Interim Chief Executive Officer, from September 2011 to January 2012. Held various roles, including Chief Financial Officer, at General Electric Plastics division and Altera Corporation from 1991 to 2009. Other U.S. Public Company Board Memberships (Current and Past Five Years): Home Point Capital (2021 to its merger with Mr. Cooper Group Inc. in 2023).

Maria C. Green Independent Director
Age 73 · Total comp. $214,972.00 · As of 17 Mar 2026

Ms. Maria C. Green, Former Senior Vice President and General Counsel of Ingersoll Rand plc, a world leader in creating comfortable, sustainable and efficient environments, from October 2015 to June 2019. Senior Vice President, General Counsel and Secretary of Illinois Tool Works Inc., a global manufacturer of value-added consumables and specialty equipment, from 2012 to October 2015; Vice President, General Counsel and Secretary from 2011 to 2012; Deputy General Counsel and Assistant Secretary from 2008 to 2011; and Associate General Counsel and Assistant Secretary from 1997 to 2008. Vice President Real Estate Development of Chicago Transit Authority from 1996 to September 1997. General Counsel and Director of Commercial Development of National Railroad Passenger Corporation (Amtrak) from 1994 to 1996. Associate General Counsel Corporate Affairs of Amtrak from 1989 to 1994. Senior Associate, Hazel, Thomas Fiske, Beckhorn & Hanes, P.C. from 1987 to 1989. Associate, Akin, Gump, Strauss, Hauer & Feld from 1986 to 1987. Attorney, Continental Illinois National Bank & Trust Co. from 1981 to 1985. Other U.S. Public Company Board Memberships (Current and Past Five Years): Fathom Digital Manufacturing Corporation (2021 to present); Littelfuse, Inc. (2020 to present); Wisconsin Energy Group (2019 to present).

David Windley Independent Director
Age 62 · Total comp. $210,972.00 · As of 17 Mar 2026

Mr. David Windley, President for IQTalent Partners at Caldwell, a technology-powered professional services firm focused on talent acquisition, from September 2014 to October 2023, and member of the Board of Directors from January 2021 to October 2023. Executive Vice President, Chief Human Resources Officer, for Fusion.io, Inc., a computer hardware and software systems company, from October 2013 to August 2014. Executive Vice President, Chief Human Resources Officer, for Yahoo! Inc. from December 2006 to September 2012. General Manager, Human Resources, for Microsoft Corporation from December 2003 to December 2006. Vice President Human Resources, Business Units, for Intuit Inc. from December 2001 to December 2003. Held various positions with Silicon Graphics, Inc. from 1991 to 2001, culminating in Vice President, Human Resources. Other U.S. Public Company Board Memberships (Current and Past Five Years): DHI Group, Inc. (2019 to present).

Andrew P. Hider Independent Director
Age 49 · Total comp. $204,972.00 · As of 17 Mar 2026

Mr. Andrew P. Hider, Chief Executive Officer of ATS Automation, a global automation solutions technology company listed on the Toronto Stock Exchange and New York Stock Exchange, since March 2017, and member of the Board of Directors of ATS Automation since May 2017. Chief Executive Officer and President of Taylor Made, a sports manufacturing company, from May 2016 to February 2017. Held positions of increasing management responsibility at Danaher from 2006 to 2016, culminating in President Held various finance and other management positions with General Electric Company from 2000 to 2006, culminating in President / General Manager for Tri-Remanufacturing, GE Aircraft Engines. Baxter International, Inc. (2025 to present)

Azita Arvani Independent Director
Age 63 · Total comp. $200,972.00 · As of 17 Mar 2026

Ms. Azita Arvani, CEO of Rakuten Symphony, North America from May 2022 to September 2023, and General Manager of Rakuten Mobile, Inc., Americas, (a part of Rakuten Group), a global mobile communications company, from February 2020 to September 2023. Head of Innovation Partner & Venture Management for Nokia, a global communication, information technology and consumer electronics company, from March 2017 to March 2019; and Head of Global Innovation Scouting from January 2016 to February 2017. Head of Innovation Partnering & Ecosystem Ventures for Nokia Networks from July 2015 to December 2015; and Head of Innovation Partnering from September 2014 to July 2015. Head of Partnering and Alliances for Nokia Solutions and Networks from September 2012 to August 2014; and Head of Innovation Strategy for Nokia Siemens from September 2011 to August 2012. Principal and Founder of Arvani Group Inc., a boutique business consulting firm specializing in the mobile and wireless industry, from 2002 to 2011. Vice President, Business Development and Strategy, for ActiveSky, a provider of an online mobile multimedia application development and distribution platform, from 2000 to 2001. Held various senior technical and business positions from 1996 to 2000, including Director, Corporate Business Strategy for Xerox Corporation, a business process and document management company. Other U.S. Public Company Board Memberships (Current and Past Five Years): Vuzix Corporation (2021 to 2024).

Carol S. Eicher Independent Director
Age 67 · Total comp. $200,972.00 · As of 17 Mar 2026

Carol S. Eicher, Non-executive board chairman of Innocor, Inc. (a Bain Capital portfolio company), a designer and manufacturer of advanced foam products, from August 2017 to April 2018. Chief Executive Officer of Innocor, Inc. from May 2014 to July 2017. Business President for Coating Materials and Building and Construction for The Dow Chemical Company from September 2012 to July 2013; Business Group Vice President for Building and Construction for Dow Chemical from August 2010 to August 2012; and Business Director, Performance Monomers, for Dow Chemical from April 2009 to July 2010. Vice President/Global Business Director, Primary Materials and Process Chemicals, Rohm and Haas Company, a developer of solutions for the specialty materials industry acquired by Dow Chemical in 2009, from 2003 to July 2010; General Manager, Americas & Europe, Electronics, Organic Specialties, for Rohm and Haas from 2001 to 2003; and Business Director, Organic Specialties for Rohm and Haas from 2000 to 2001. Held various senior management positions with Ashland Chemical Company, a division of Ashland, Inc., from 1992 to 2000. Held various management positions with E.I. DuPont de Nemours and Company, Inc. from 1979 to 1992. Other U.S. Public Company Board Memberships (Current and Past Five Years): Advanced Emission Solutions (2019 to present); Pinnacle Northwest Capital Corporation (2024 to present); Arconic Corporation (2020 to 2023).

Mark W. Sheahan Independent Director
Age 62 · Total comp. $174,098.00 · As of 17 Mar 2026

On May 13, 2024, the Board of Directors of the company elected Mark W. Sheahan as a member of the Board effective May 15, 2024. Mr. Sheahan is the President and Chief Executive Officer of Graco Inc., a manufacturer of systems and equipment to move, measure, control, dispense and spray fluid and powder materials, since June 2021; Chief Financial Officer from June 2018 to June 2021; Vice President and General Manager, Applied Fluid Technologies Division, from February 2008 to June 2021; Chief Administrative Officer from September 2005 to February 2008; Vice President and Treasurer from December 1998 to September 2005. Other U.S. Public Company Board Memberships (Current and Past Five Years): Graco Inc. (2021 to present).

Patrick W. Schottler Senior Vice President, Robotics
Age 46 · As of 23 Feb 2026

Patrick W. Schottler (46) has served as the Company's Senior Vice President, Robotics since January 2026. Mr. Schottler joined the Company in 2011 as Senior Program Manager. After holding leadership roles in R&D and regional business development, he was named Vice President and General Manager of the Asia-Pacific Business Unit in 2017, a role he held for five years before assuming responsibility for the Company's global marketing and product management functions in 2022. In May 2024, he was named Chief Marketing and Technology Officer. Prior to joining Tennant Company, Mr. Schottler spent over a decade at Honeywell, where he held leadership roles in product development.

Patrick E. Allen Director
As of 12 Feb 2026

Mr. Allen most recently served as Chief Financial Officer of Collins Aerospace from 2018 until his retirement in 2020. Prior to that, Mr. Allen served as Chief Financial Officer of Rockwell Collins, Inc. In that role, he oversaw all financial functions for the company including financial planning, accounting, treasury, audit and tax. Before joining Rockwell Collins, he spent several years at Rockwell International, where he served in various financial leadership roles including Vice President & Treasurer, Vice President of Financial Planning and Assistant Controller. Mr. Allen began his career at Deloitte & Touche as an auditor and successfully passed the certified public accountancy examination. He currently serves on the board of directors of Alliant Energy (NASDAQ: LNT), where he is Chairman. Mr. Allen earned a bachelor's in finance from Penn State University.

James T. Glerum, Jr Director
As of 12 Feb 2026

Mr. Glerum retired as Vice Chairman, Investment Banking at Citigroup in July 2024. Prior to joining Citigroup in 2011, he held senior leadership positions in investment banking at UBS and Credit Suisse. Over his 40-year investment banking career, Mr. Glerum executed more than 325 corporate finance and strategic transactions with an aggregate value of over $500 billion. His clients spanned multiple industry sectors, including manufacturing, healthcare, consumer and retail. Mr. Glerum currently serves on the Board of Directors of Amcor (NYSE: AMCR) and on the boards of trustees for several non-profit institutions, including Denison University, The Ravina Festival and The Griffin Museum of Science. He earned a masters degree in business administration from Harvard Business School and a bachelors degree, cum laude, in Economics and Mathematics from Denison University.

From SEC filings, via Futu. Compensation is total reported pay for the most recent fiscal year on file, not base salary alone.

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