StockNews.AI
TTC
StockNews.AI
2 days

The Toro Company Names Grant M. Young Group Vice President of Golf, Grounds and Irrigation

1. Grant Young appointed group VP of Golf, Grounds and Irrigation. 2. Young previously served as vice president of Commercial since 2023. 3. He brings over two decades of experience at Toro Company. 4. His leadership is expected to drive innovation and market expansion. 5. TTC reported net sales of $4.6 billion for fiscal 2024.

7m saved
Insight
Article

FAQ

Why Bullish?

Grant Young's extensive experience may lead to innovative strategies and solid business growth, similar to previous leadership transitions at TTC that resulted in successful expansions and stronger performance metrics.

How important is it?

The appointment of Grant Young highlights a commitment to strong leadership which can positively influence TTC's market position, making this a significant corporate event.

Why Long Term?

The strategic direction set by Young will likely unfold over several quarters, with potential for sustained improvements in revenue and market share as new initiatives take effect.

Related Companies

The Toro Company (NYSE:TTC), a leading global provider of solutions for the outdoor environment, today announced that Grant M. Young has been appointed group vice president of Golf, Grounds and Irrigation, effective immediately. Young succeeds Edric Funk, who was recently appointed president and chief operating officer.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251007729117/en/

Grant Young appointed group vice president of Golf, Grounds and Irrigation at The Toro Company

Grant Young appointed group vice president of Golf, Grounds and Irrigation at The Toro Company

Young has served as vice president of Commercial since 2023. In his new role, he will assume responsibility for the overall strategic direction of the company's golf, grounds and irrigation businesses for the Toro, Ventrac and Unique Lighting Systems brands.

"With a proven ability to lead through complexity and drive meaningful progress, Grant is well-positioned for this new role," said Funk. "Over more than two decades at The Toro Company, he has consistently delivered results – leading innovation, expanding into new markets, and building strong, lasting relationships with distributors and customers. This next step is a reflection of the value he brings and the trust we have in his continued leadership."

Since joining The Toro Company in 2004 as a national account manager for Toro's Residential and Landscape Contractor (RLC) business, Young transitioned to the Commercial business in 2008 and held several marketing roles including as director of marketing, North America, with responsibility for the golf, sports fields and grounds markets, as well as the parts and services businesses. In 2015, he returned to RLC as director of mass sales and national accounts until 2017, when he moved back to Commercial as managing director of global product marketing. He went on to become the general manager of the Commercial business in 2019, where he successfully navigated the supply chain and macro-economic constraints to deliver strong business results before being promoted to vice president of Commercial in 2023.

Young received a Bachelor of Arts in finance and marketing from the University of St. Thomas in Saint Paul, Minnesota. He also holds an MBA from the University of Notre Dame.

About The Toro Company

The Toro Company (NYSE:TTC) is a leading global provider of 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 net sales of $4.6 billion in fiscal 2024, The Toro Company's global presence extends to more than 125 countries through a family of brands that includes Toro, Ditch Witch, Exmark, Spartan, BOSS, Ventrac, American Augers, Subsite, HammerHead, Radius, 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.

Media Relations

Branden Happel

Senior Manager, Public Relations

(952) 887-8930, branden.happel@toro.com

Related News