Tennant Company (TNC)

64.66 +0.36 (+0.56%) At close: 04:00PM EDT

Tennant Company

10400 Clean Street
Eden Prairie, MN 55344-2650
United States
763 540 1200
https://www.tennantco.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full Time Employees: 4,299

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. David W. Huml	Pres, CEO & Director	1.45M	N/A	1969
Ms. Fay West	Sr. VP, CFO & Principal Accounting Officer	853.36k	N/A	1969
Ms. Carol E. McKnight	Sr. VP & Chief Admin. Officer	559.31k	N/A	1968
Ms. Kristin A. Erickson	Sr. VP, Gen. Counsel & Corp. Sec.	519.98k	N/A	1973
Mr. Richard H. Zay	Sr. VP & Chief Commercial Officer	818.33k	N/A	1971
Ms. Barb Balinski	Sr. VP of Innovation & Technology	N/A	N/A	1964
Ms. Kathryn Lovik	Global Communications Director	N/A	N/A	N/A
Mr. Thomas A. Stueve	VP of Global Tax, Treasury & Risk	N/A	N/A	N/A
Mr. Lorenzo Bassi	VP of Fin.	N/A	N/A	N/A

Amounts are as of December 31, 2022 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

Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, and asset management solutions. It also provides business solutions, such as financing, rental, and leasing programs, as well as machine-to-machine asset management solutions. The company offers its products under the Tennant, Nobles, Alfa Uma Empresa Tennant, IRIS, IPC, VLX, Gaomei, and Rongen brands, as well as private-label brands. Its products are used in retail establishments and distribution centers; factories and warehouses; and public venues, such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, parking lots and streets, and other environments. It markets its products to contract cleaners and businesses through direct sales and service organizations, as well as through a network of authorized distributors. Tennant Company was founded in 1870 and is headquartered in Eden Prairie, Minnesota.

Corporate Governance

Tennant Company’s ISS Governance QualityScore as of March 1, 2023 is 2. The pillar scores are Audit: 6; Board: 1; Shareholder Rights: 3; Compensation: 5.

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.