StockWatch
·
Industrial Machinery/Components
Management ChangeJun 17, 2026, 09:36 AM

Tennant Company Names Richard H. Zay Chief Operating Officer

AI Summary

Tennant Company announced the appointment of Richard H. (Rusty) Zay as Chief Operating Officer, effective July 1, 2026. Mr. Zay, currently the Senior Vice President and Chief Commercial Officer, has been with the company since 2010 and has a strong track record in sales, marketing, and operations. In recognition of his increased responsibilities, he will receive incremental equity awards valued at $400,000, split between restricted stock units and performance-based restricted stock units.

Key Highlights

  • Richard H. (Rusty) Zay appointed Chief Operating Officer (COO) of Tennant Company.
  • Appointment is effective July 1, 2026.
  • Mr. Zay previously served as Senior Vice President, Chief Commercial Officer since March 2021.
  • He joined Tennant in June 2010 and has held various leadership roles.
  • In connection with the promotion, Mr. Zay will receive incremental equity awards totaling $400,000.
  • The awards are 50% restricted stock units and 50% performance-based restricted stock units.