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David W. Huml

President and Chief Executive Officer at TENNANT
Board
Since March 1, 2021
Age
56 years
Tenure
Joined TNC in November 2014 as Senior Vice President, Global Marketing and later took on additional responsibilities including oversight of APAC and EMEA, served as COO, and ultimately assumed the role of President and Chief Executive Officer on March 1, 2021.

Also at TENNANT

BB
Barb Balinski
Senior Vice President, Chief Transformation Officer
BRC
Brock R. Christianson
Senior Vice President, Chief Human Resources Officer
FW
Fay West
Senior Vice President and Chief Financial Officer

About

David W. Huml is a seasoned executive with extensive experience in global marketing and operations. He is currently the President and Chief Executive Officer of Tennant Company, having transitioned to this role on March 1, 2021, after serving as Chief Operating Officer and in senior marketing roles since his entry into the company in November 2014.

At TNC, he has overseen critical business functions across multiple regions, including APAC and EMEA, and has been instrumental in driving the company’s strategic initiatives and operational enhancements. His progression through various leadership roles reflects a strong trajectory of responsibility and commitment within the organization.

Beyond his role at TNC, Mr. Huml's career includes significant tenures at prominent companies such as Pentair plc and Graco Inc., where he held leadership positions in marketing and operations. His diverse experience in global markets and his steady rise through managerial ranks underscore a deep expertise in developing and executing business strategies.

$TNC Performance Under David W. Huml

Past Roles

OrganizationRoleDate RangeDetails
Tennant Company (TNC)Chief Operating OfficerApril 2020 - March 2021Former role before becoming CEO
Tennant Company (TNC)Senior Vice President, EMEA, APAC, Global Marketing and Operations2018 - April 2020Former role at TNC
Tennant Company (TNC)Senior Vice President, EMEA, APAC and Global Marketing2017 - 2018Former role at TNC
Tennant Company (TNC)Senior Vice President, APAC and Global Marketing2016 - 2017Former role at TNC
Tennant Company (TNC)Senior Vice President, Global Marketing2014 - 2017Former role at TNC
Pentair plcVice President, Applied Water Platform2006 - 2014Held various positions at Pentair
Graco Inc.Worldwide Director of Marketing, Contractor Equipment Division1992 - 2006Held various positions at Graco

Fixed Compensation

Data from  FY 2024
Component Name [Source]Amount [Source]Payment Schedule [Source]Additional Details [Source]
Salary $947,500 Annual Standard cash salary
Restricted Stock Awards $3,055,398 Vests 100% on the third anniversary Award is subject to vesting conditions
Option Awards $0 N/A No option awards granted in 2024
Non-Qualified Deferred Compensation $0 N/A No above-market earnings reported in 2024
All Other Compensation $174,952 Varies Breakdown: 401(k) Match: $10,350 , Profit Sharing: $10,247 , Excess Match and Profit Sharing: $141,041 , Executive Long-Term Disability: $13,314

Performance Compensation

Data from  FY 2024

Performance Restricted Stock Units (PRSUs)

Metric / Detail [Source]Value [Source]
Performance MetricsIncentive ROIC (60%) and Incentive Cumulative EPS (40%)
Performance LevelsThreshold: 50% of target, Target: 100% of target, Maximum: 200% of target (specific numeric thresholds are confidential)
Vesting ScheduleVests 100% on the third anniversary of the grant date
Evaluation Period2024 to 2026
Grant DateFebruary 27, 2024
Grant Date Fair Value$1,527,699
Target Units13,868 units
Maximum Units27,736 units
Additional ConditionsDividends accumulate on restricted stock during the vesting period and are paid in cash upon vesting

Non-Equity Incentive Plan Compensation

Metric / Detail [Source]Value [Source]
Payout LevelsThreshold: $485,000; Target: $970,000; Maximum: $1,940,000
Performance Outcome2024 CIP payout achieved 98.7% of target
Additional DetailsCash-based incentive; specific performance metrics, vesting schedule, and evaluation period are not disclosed