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    David W. Huml

    President and Chief Executive Officer at Tennant Co
    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 Co

    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