Tennant Company (TN1.F)

99.00 -1.00 (-1.00%) At close: 08:04AM CEST

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: 4,457

Key executives

Name	Title	Pay	Exercised	Year born
Mr. David W. Huml	President, CEO & Director	2.59M	81.05k	1969
Ms. Fay West	Senior VP, CFO & Principal Accounting Officer	1.35M	N/A	1969
Ms. Kristin A. Erickson	Senior VP, General Counsel & Corporate Secretary	948.41k	18.8k	1973
Mr. Richard H. Zay	Senior VP & Chief Commercial Officer	1.15M	94.49k	1971
Ms. Barbara A. Balinski	Senior VP & Chief Transformation Officer	726k	N/A	1964

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

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 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, IPC, 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, and other environments. The company 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 1 May 2024 is 3. The pillar scores are Audit: 5; Board: 1; Shareholder rights: 4; Compensation: 4.

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 10 indicates higher governance risk.