About

Edric C. Funk is President and Chief Operating Officer of The Toro Company, a role he assumed in September 2025, and was elected to the Board of Directors effective July 21, 2026. He joined Toro in 1996 as a design engineer and held roles of increasing responsibility across the Residential, Landscape Contractor, International and Commercial businesses, later leading the Center for Technology, Research and Innovation and the Golf, Grounds and Irrigation group. The Board elected him to become President and Chief Executive Officer effective November 1, 2026 as part of the company's succession plan.

Roles

Toro Co
President and Chief Operating Officer; Director · Current role
2026–present
The Toro Company
Group Vice President, Golf, Grounds, and Irrigation
The Toro Company
General Manager, Sitework Systems
The Toro Company
Managing Director, Center for Technology, Research and Innovation

Fixed Compensation

FY 2025
Salary
$515,970
ComponentAnnual base salary
Fiscal yearFY2025
All other compensation
$134,845
ComponentPerquisites, 401(k) match and other
Total compensation
$3,493,713

Performance Compensation

Data from FY 2025

Cash incentive

Non-equity incentive plan compensation
$389,280
FormCash
Target Opportunity
TypeAnnual cash incentive
Corporate payout81.6% of target

Stock awards

Stock awards
$2,059,347
FormPerformance shares and RSUs
BasisGrant-date fair value (ASC 718)
Performance periodFY2025-FY2027
Option awards
$394,271
FormStock options
BasisGrant-date fair value (ASC 718)

Also at Toro Co

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