Toro names COO Edric Funk CEO, succeeding Richard Olson in November

• The Toro Company named President and COO Edric C. Funk as its next president and CEO, effective Nov. 1, 2026.
• Funk will join the board immediately; he has led all global businesses since Sept. 2025.
• CEO Richard M. Olson will move to executive chairman as part of a planned succession.
• Funk joined Toro in 1996 as a design engineer; he later ran its technology center, then led the Sitework Systems business.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Toro Company published the original content used to generate this news brief via Business Wire (Ref. ID: 202607221630BIZWIRE_USPR_____20260722_BW394048) on July 22, 2026, and is solely responsible for the information contained therein.