Toro (TTC) executive compensation, 2026 proxy

Richard M. Olson, Chairman of the Board and Chief Executive Officer, was paid $8.4M in fiscal 2025, up 2% from $8.3M the year before. The CEO-to-median-employee pay ratio was 112:1, on median employee pay of $75,652.

Filed
February 3, 2026
Annual meeting
March 17, 2026
Pay year
fiscal 2025
Named executives
5
CEO total pay
$8.4M+2% vs prior year
CEO to median employee
112:1median $75,652
CEO pay in equity
67%$5.6M in awards
Prior say-on-pay support
92%of votes cast
Net Sales
$4.51BTotal net sales for fiscal 2025
Adjusted EPS
$4.20Adjusted diluted earnings per share
Quarterly Dividend
$0.38Per share increase of 5.6%
R&D Investment
$162.3MInvested in research and development

How Olson was paid

$8.4M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary15%Stock awards39%Option awards28%Non-equity incentive16%All other compensation3%

Named executive officers

ExecutiveTotal
Richard M. OlsonChairman of the Board and Chief Executive Officer$8,436,478
Angela C. DrakeVice President and Chief Financial Officer$2,495,136
Edric C. FunkPresident and Chief Operating Officer$3,493,713
Peter D. MoellerGroup Vice President, Underground and Specialty Construction + International$3,265,673
Gregory S. JaneyGroup Vice President, Landscapes and Contractor$3,007,063

What changed and why

  • $8.4MRichard M. Olson received total compensation of $8,436,478 for fiscal 2025, representing an increase from the prior year total of $8,278,439.
  • $4.51BNet sales reached $4.51 billion and adjusted earnings per share were $4.20 for the fiscal year.
  • 92%Stockholders demonstrated strong support by approving the prior say-on-pay proposal with over 92% of the votes cast in favor.
  • 66%Over 66% of the CEO's total compensation was delivered through equity-based incentive awards tied to performance and stock price.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.