TORO (TTC)
Sector: Industrials
Sector: Industrials
TORO - Executive Compensation
President and Chief Operating Officer
Executive Compensation
Edric C. Funk is a seasoned executive with over 25 years of experience in the manufacturing and consumer goods industries. He began his career at General Electric, where he held various operational roles, honing his expertise in supply chain management and lean manufacturing principles. After a decade at GE, Funk transitioned to the outdoor equipment sector, joining The Toro Company (TORO) in 2005 as Vice President of Operations. His educational background includes a Bachelor's degree in Mechanical Engineering from Purdue University and an MBA from the Kellogg School of Management at Northwestern University, which equipped him with a strong foundation in both technical and strategic business acumen. As President and Chief Operating Officer at TORO, Funk oversees the company's global operations, including manufacturing, distribution, and supply chain functions. Under his leadership, TORO has achieved significant milestones, such as expanding its international footprint into emerging markets and implementing sustainable manufacturing practices that reduced the company's carbon emissions by 30% over the past five years. His strategic initiatives have driven revenue growth, with TORO reporting record profits in recent fiscal years, attributed to innovative product launches and operational efficiencies. Funk is also recognized for his commitment to corporate responsibility, serving on the board of several industry associations and advocating for workforce development programs. His achievements include receiving the Manufacturing Leadership Award in 2018 and being named one of Fortune's Top 50 Leaders in Sustainability in 2022. At TORO, he continues to focus on fostering a culture of innovation and excellence, positioning the company as a leader in the outdoor power equipment industry.