The Toro Company Elects Two New Board Members
15 März 2022 - 10:03PM
Business Wire
The Toro Company (NYSE: TTC) today announced the election of
Eric Hansotia and Jill Pemberton to its Board of Directors. Both
were elected as new directors during the company’s 2022 Annual
Meeting of Shareholders.
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Eric Hansotia, Chairman and Chief
Executive Officer, AGCO Corporation (Photo: Business Wire)
“We are very pleased to welcome Eric and Jill to the Board as we
continue to advance our strategic vision and corporate governance
principles for the long-term benefit of our shareholders,” said
Richard Olson, chairman and chief executive officer of The Toro
Company. “Eric brings a strong strategic perspective and extensive
executive leadership experience in areas critical to our success.
We will also benefit greatly from Jill’s extensive financial
leadership experience, strong brand experience, sourcing and supply
chain oversight, and knowledge of enterprise risk management
including cybersecurity. Both will help us to further strengthen
our position in the markets we serve, accelerate innovation and
foster an increasingly inclusive approach to how we do
business.”
Eric Hansotia, 53, currently serves as chairman, president and
chief executive officer of AGCO Corporation (NYSE: AGCO), a global
leader in the design, manufacture and distribution of agricultural
machinery and precision ag technology. Previously he was senior
vice president and chief operating officer with responsibility for
the company’s regional commercial operations including global
product management, engineering, manufacturing and supply chain
functions. Prior to joining AGCO in 2013, he had a successful
career at Deere & Company where he held several leadership
roles throughout his 20-year tenure. Hansotia graduated from the
University of Wisconsin – Madison with a Bachelor of Science in
Mechanical Engineering and a Master of Science in Mechanical
Engineering, and he also earned an MBA from the University of
Iowa.
Jill Pemberton, 51, currently serves as chief financial officer,
North America, of LVMH Moët Hennessy Louis Vuitton (ENXTPA: MC), a
global leader specializing in luxury goods. Prior to joining LVMH
in 2020, Pemberton was senior vice president at Viacom with
responsibility for leading the corporate financial planning and
analysis team. Prior to that, she spent several years at Johnson
& Johnson where she served in various leadership roles
including vice president of finance for the global procurement
organization and vice president of the company’s Consumer Group
where she provided financial oversight for global marketing,
research and development, and business development. Pemberton
graduated from Yale University with a Bachelor of Arts in Economics
and earned an MBA from Harvard Business School.
About The Toro Company
The Toro Company (NYSE: TTC) is a leading worldwide provider of
innovative solutions for the outdoor environment including turf and
landscape maintenance, snow and ice management, underground utility
construction, rental and specialty construction, and irrigation and
outdoor lighting solutions. With sales of $4.0 billion in fiscal
2021, The Toro Company’s global presence extends to more than 125
countries through a family of brands that includes Toro, Ditch
Witch, Exmark, Spartan Mowers, BOSS Snowplow, Ventrac, American
Augers, Trencor, Pope, Subsite Electronics, HammerHead, Radius HDD,
Perrot, Hayter, Unique Lighting Systems, Irritrol, and Lawn-Boy.
Through constant innovation and caring relationships built on trust
and integrity, The Toro Company and its family of brands have built
a legacy of excellence by helping customers work on golf courses,
sports fields, construction sites, public green spaces, commercial
and residential properties and agricultural operations. For more
information, visit www.thetorocompany.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220314005876/en/
Investor Relations Julie Kerekes Treasurer and Senior
Managing Director, Global Tax and Investor Relations (952)
887-8846, julie.kerekes@toro.com Media Relations Branden
Happel Senior Manager, Public Relations (952) 887-8930,
branden.happel@toro.com
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