BNET Industries
Market Cap:$1.0B
Last Fiscal Year Sales:$1.8B
- Public
- US
Dow Jones Description
Outdoor Care & Maintenance Products Mfr
Chairman, President & CEOMichael J Hoffman
Number of Employees 4,966
Contact Information
8111 Lyndale Ave S
Bloomington, Minnesota 55420-1196
(952) 888-8801
Peer Companies
NAICS Code Lawn and Garden Tractor and Home Lawn and Garden Equipment Manufacturing: 333112
Recent Events
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Toro renews its agreement with EGCOA as a preferred supplier
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The Toro Company announces USD0.15 dividend for quarter
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Regions Financial, GameStop and SunTech Fall
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Toro strives to innovate as recession hurts sales
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Toro expects recession to cut revenue 15%: That's triple the decline Toro estimated Dec. 10,...
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Zacks Sell List Highlights: BB&T Corp., Toro Co., Luxottica and
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Toro to Install Emissions Control System at Bloomington Facility
News & Analysis
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toro co. - All News and Analysis
Toro Company F1Q09 (Qtr End 1/30/09) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. Your first question will come from the line of Eric Bosshard with Cleveland Research. Please proceed. Michael Hoffman Good morning Eric. Eric Bosshard - Cleveland Research Company Good morning guys. Stephen Wolfe Good morning. Eric Bosshard - Cleveland Research Company A couple of questions, first...
The Toro Company F4Q08 (Qtr End 11/30/08) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Jim Lucas from Janney Montgomery Scott. Jim Lucas - Janney Montgomery Scott I have a couple of house keeping questions before I dive into the big picture. The FX benefit in the fourth quarter, could you help...
The Toro Company F3Q08 (Qtr End 08/01/08) Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator instructions Your first question comes from the line of Jim Lucas of Janney Montgomery Scott. Please proceed. Jim Lucas – Janney Montgomery Scott Thanks. Good morning guys. Mike Hoffman Good morning, Jim. Steve Wolfe Good morning, Jim. Jim Lucas –...
The Toro Co. Q1 2008 Earnings Call Transcript
Question-and-Answer Session[Operator Instructions] The first question comes from the line of Eric Bosshard with Cleveland Research. Please proceed. Unidentified Analyst Good morning, this is Mark standing in for Eric. Michael J. Hoffman - President and Chief Executive Officer Good morning Mark. Unidentified Analyst First question. Obviously a solid 1Q...
The Toro Co. F4Q07 (Qtr End 10/31/07) Earnings Call Transcript
Question-and-Answer Session Operator Thank you. [Operator Instructions] Your first question comes from the line of Jim Lucas with Janney Montgomery Scott. Please proceed. James Lucas - Janney Montgomery Scott Thanks. Good morning. And I am glad I got out...
The Toro Company Announces Public Offering Of Senior Notes
BLOOMINGTON, Minn. -- The Toro Company (NYSE:TTC) today announced that it has agreed to sell $125 million aggregate principal amount of 6.625% unsecured senior notes due May 1, 2037 in an underwritten public offering. Toro intends to use the proceeds of the offering to pay at maturity its $75 million...
Toro Company. (Supplier News).
Through the Toro Company's Sports Turf Training Program, a selected student will travel, all expenses paid, to San Diego in January to help the grounds crew prepare the field for the Super Bowl, alongside NFL consultants Ed Mangan and George Toma. To be considered for the ...
Bloomington, Minn.-Based Firm Looks to Maintain Golf-Course Equipment Sales.
By John Welbes, Saint Paul Pioneer Press, Minn. Knight Ridder/Tribune Business News Aug. 17--A few years ago, golf courses around the United States were enjoying a booming economy and the reflected glory of Tiger Woods' success. Only one of those...
EETC. (Industry News).
The EETC has also elected its new officers. President is Fred Hemmer, The Toro Co.; vice president is Pete Fernald, Shindaiwa; secretary is Dann Roark, Briggs & Stratton; treasurer is Dave Worden, Kohler Co., and immediate past president is Judy Fuller Wood. EETC's Board of Directors:...
Debris blowers. (Maintaining the Grounds).
The Toro Company has introduced two new debris blowers, the 400 and 600. Both have 1/4-in. steel frames for long life to clean areas of leaves, twigs, pine needles, clippings, and other debris. The 400 also can clear dew in minutes for early morning mowing, the compact...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Michael D. Drazan | CIO & Vice President, Corp Services |
| Stephen P. Wolfe | Chief Financial Officer |
| Andy B. James | Vice President & Controller |
| Bill Brown | Vice President, Consumer Business and Lcb |
| Dennis P. Himan | Group Vice President |
| Karen M. Meyer | Vice President of Administration |
| Peter M. Ramstad | Vice President, HR & Business Dev |
| Philip A. Burkart | Vice President, Irrigation Business |
| Randy B. James | Vice President & Controller |
| Sandra J. Meurlot | Vice President, Operations |
| Timothy P. Dordell | General Counsel, Secretary & Vice President |
| Richard W. Rodier | General Manager, Landscape Contractor Business |
| Blake M. Grams | Managing Director |
| Darren L. Redetzke | Managing Director, International Business |
| Michael J. Happe | Managing Director, Commercial Business |
| David J. Hennes | Director of Risk Management |
| John Wright | Director, IR |
| Steve Stephens | Director, Marketing |
| Tom M Swain | director of marketing |
| Beth Hannon | Manager, Advertising |
| Judson Tharin | Manager, Community Relations |
| Blake Graham | Controller |
| Anna Boegeman | Project Coordinator |
| Christopher A. Twomey | Director |
| Gregg W. Steinhafel | Director |
| J. Lawrence McIntyre | Secretary |
| Janet K. Cooper | Director |
| Robert H. Nassau | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Michael J Hoffman | Chairman, President & CEO |
| Dale R. Olseth | Board of Directors |
| Gary L. Ellis | Board of Directors |
| Inge G. Thulin | Board of Directors |
| Katherine J. Harless | Board of Directors |
| Robert C. Buhrmaster | Board of Directors |
| Winslow H. Buxton | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Toro Myturf | Chairman and CEO | Current |
| WESCO Turf Inc | Chairman and CEO | Current |
| The Toro Company | Chairman, President & CEO | Current |
| Toro Uses Information | Chairman, President and CEO | Current |
| Toro-Wheel Horse | President | Current |
| Trexle | Chairman, President & CEO | Current |
| Outdoor Power Equipment Institute, Inc | Board of Directors | Current |
| University of Minnesota Carlson School of Management | Board of Directors | Current |
| Toro Myturf | Group Vice President of Toro's Consumer | Former |
| WESCO Turf Inc | Executive Officer | Former |
| University of St. Thomas | Bachelor's Degree In Marketing Management | Former |
| Carlson School of Management | MBA | Former |
| University of St. Thomas | Bachelor's Degree In Marketing Management | Former |
| Organization | Position | Status |
|---|---|---|
| The Toro Company | CIO & Vice President, Corp Services | Current |
| The Toro Company | Vice President, Corp Info Services | Former |
| Pillsbury | director of operations, research and development | Former |
| University of Minnesota | bachelor's degree in business administration | Former |
| Organization | Position | Status |
|---|---|---|
| The Toro Company | Chief Financial Officer | Current |
| The Toro Company | Vice President, Finance | Current |
| Toro Credit | President | Former |
| Toro Credit | Vice President | Former |
| The Toro Company | Treasurer | Former |
| Adrian College | Bachelors Degree In Mathematics | Former |
| Organization | Position | Status |
|---|---|---|
| The Toro Company | Vice President & Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Trexle | Vice President, Consumer Business & Lcb, Toro | Current |
| The Toro Company | Vice President, Consumer Business and Lcb | Current |
| Toro Uses Information | Vice President, Consumer and Landscape Contractor Business | Current |
| WESCO Turf Inc | Vice President, Consumer and Landscape Contractor Business | Current |
| Toro Myturf | Vice President, Consumer and Landscape Contractor Business | Current |
| Bpo Systems, Inc. | Director of Staffing Services | Current |
| California Bpo Systems Private Ltd. | Director of Staffing Services | Current |
| Fx Group International | Creative Director | Current |
| The Toro Company | Marketing Manager | Current |
| Health Research for Action | Office Manager | Current |
| The Town of Jupiter Island | Vice Mayor | Current |
| CFC International, Inc. | Board of Directors | Current |
| Dovenmuehle Mortgage Inc. | Director | Current |
| The Coaching Company | CEO | Former |
| The Coaching Company | President | Former |
| The Toro Company | General Manager , Commercial Business | Former |
| The Coaching Company | Co-Founder | Former |
| The Coaching Company | Partner | Former |
| The Toro Company | Leadership Roles | Former |
| The Toro Company | Board of Directors | Former |
| H&R, Inc. | Director | Former |
| San Francisco State University | MA In Human Sexuality Studies | Former |
| Harvard Business School | MBA | Former |
| Harvard University | B.A. in 1964 and | Former |
| University of California, Davis | B.S. In Engineering | Former |
| Princeton University | B.A. In English Literature | Former |
| Organization | Position | Status |
|---|---|---|
| Trexle | Group Vice President | Current |
| The Toro Company | Group Vice President | Current |
| The Toro Company | President of Exmark Manufacturing | Former |
| Fsi, Inc. | Cfo | Former |
| Exmark Corporation | Vice President | Former |
| Exmark Corporation | General Manager | Former |
| The Toro Company | General Manager, Landscape Contractor Businesses | Former |
| The Toro Company | Director of Planning and Analysis | Former |
| The Toro Company | Corporate Controller | Former |
| Virginia National Bank | Planning Officer | Former |
| Dayton Hudson Corporation | Finance and Administration Roles | Former |
| Old Dominion University | Instructor | Former |
| The Toro Company | Treasurer | Former |
| Columbia University | MBA | Former |
| DePauw University | B.A. In Economics | Former |
Karen M. Meyer serves as vice president of administration for The Toro Company. Meyer oversees all information services, human resources, corporate communications, including public relations, administrative services, and facilities. Meyer reports directly to Michael Hoffman, President and CEO. As a vice president, Meyer is a member of The Toro Foundation board and the Retirement Plan Investment Committee. Meyer also serves on the Greater Minneapolis United Way Human Resources Committee. In 1998, she was given the added responsibilities for the corporate information technology function. Prior to her current position, Meyer held a variety of executive management positions directing the corporate human resources, facilities, administration and corporate communications functions. She joined Toro in 1977. Meyer holds an undergraduate degree in education from the University of Minnesota in Minneapolis, Minnesota.
| Organization | Position | Status |
|---|---|---|
| Trexle | Vice President, Administration | Current |
| The Toro Company | Vice President of Administration | Current |
| University of Minnesota | Undergraduate Degree In Education | Former |
| University of Minnesota | degree in education | Former |
| Organization | Position | Status |
|---|---|---|
| Toro Uses Information | Vice President, Human Resources and Business Development | Current |
| The Toro Company | Vice President, HR & Business Dev | Current |
| Trexle | Vice President, Business and Strategic Development | Current |
| WESCO Turf Inc | Vice President, Human Resources and Business Development | Current |
| Toro Myturf | Vice President, Human Resources and Business Development | Current |
| McGladrey & Pullen, LLP | Partner | Former |
| Personnel Decisions International Corporation | Global Leader | Former |
| University of Minnesota | Ph.D. In Accounting | Former |
| University of Minnesota | Undergraduate Degree In Mathematics and Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| The Toro Company | Vice President, Irrigation Business | Current |
| The Irrigation Association | Board of Directors | Current |
| The Toro Company | General Manager, International Business | Former |
| The Toro Company | Leadership Role, Micro Irrigation Business | Former |
| Indiana University-Bloomington | degree in management | Former |
| Organization | Position | Status |
|---|---|---|
| The Toro Company | Vice President & Controller | Current |
| Organization | Position | Status |
|---|---|---|
| WESCO Turf Inc | Vice President, Operations | Current |
| Toro Myturf | Vice President, Operations | Current |
| Toro Uses Information | Vice President, Operations | Current |
| The Toro Company | Vice President, Operations | Current |
| Trexle | Vice President, Operations | Current |
| Outboard Marine Corporation | Senior Vice President, Manufacturing | Former |
| Rollins College | B. S. Degree In Business Administration | Former |
| Rollins College | degree in business administration | Former |
| Organization | Position | Status |
|---|---|---|
| The Toro Company | General Counsel, Secretary & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Toro Myturf | General Manager, Landscape Contractor Business | Current |
| WESCO Turf Inc | General Manager, Landscape Contractor Business | Current |
| Toro Uses Information | General Manager, Landscape Contractor Business | Current |
| The Toro Company | General Manager, Landscape Contractor Business | Current |
| The Toro Company | Manufacturing Systems Analyst | Current |
| Toro Myturf | Managing Director of Toro's Landscape Contractor Business | Former |
| The Toro Company | Managing Director, Landscape Contractor Business. | Former |
| The Toro Company | Director of Marketing | Former |
| The Toro Company | Senior Marketing Manager | Former |
| University of St. Thomas | M.B.A. | Former |
| Hamline University | Bachelor’S Degree In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| The Toro Company | Managing Director | Current |
| The Toro Company | Corporate Controller | Current |
| The Toro Company | Director, Corporate Finance | Former |
| The Toro Company | Senior Manager, Corporate Finance | Former |
| Organization | Position | Status |
|---|---|---|
| The Toro Company | Managing Director, International Business | Current |
| The Toro Company | Director of Marketingâ?? Golf for the Commercial Business | Former |
| Organization | Position | Status |
|---|---|---|
| The Toro Company | Managing Director, Commercial Business | Current |
| The Toro Company | Director of Marketing, International Business | Former |
| The Toro Company | Senior Marketing Manager, Consumer Business. | Former |
| Organization | Position | Status |
|---|---|---|
| Toro Employees Federal Credit Union | Director | Former |
| University of Minnesota | Former | |
| Minnesota Self-Insurers' Association | Treasurer | Current |
| University of St. Thomas | Masters Degree In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| The Toro Company | Director, IR | Current |
| Organization | Position | Status |
|---|---|---|
| The Toro Company | Director, Marketing | Current |
| The Toro Company | Director, Marketing | Former |
| Organization | Position | Status |
|---|---|---|
| The Toro Company | director of marketing | Current |
| University of Minnesota | MBA | Former |
| Organization | Position | Status |
|---|---|---|
| The Toro Company | Manager, Advertising | Current |
| Organization | Position | Status |
|---|---|---|
| The Toro Company | Manager, Community Relations | Current |
| Organization | Position | Status |
|---|---|---|
| The Toro Company | Controller | Current |
Anna began Yoga classes in 2000 and instantly knew this was what she was seeking. It was amazing how headaches were gone, stress was dealt with in a completely different manner, and with each class she grew deeper from within and found PEACE. After many hours of practice, she decided she wanted to become an Instructor. In 2003 she did just that. She wanted to help others also experience all these wonderful things yoga has to offer. Yoga is for ALL who seek it. She also works full time as a Project Coordinator in Commercial Engineering at The Toro Company in Bloomington, MN. She is happily married and has one child that is attending Winona State University. Her husband and daughter support Anna 100% in her Yoga journey.
| Organization | Position | Status |
|---|---|---|
| The Toro Company | Project Coordinator | Current |
| Green Lotus Yoga and Healing Center of Lakeville, LLC. | Current |
Mr. Twomey has been President and Chief Executive Officer of the Company since January 1986 and a director since 1987. In August 2003, he was named Chairman. He has held various executive officer positions with the Company since 1983. Mr. Twomey is currently serving as a director of The Toro Company and director of Universal Trailer Corporation.
| Organization | Position | Status |
|---|---|---|
| Arctic Cat Inc. | Chairman & CEO | Current |
| WESCO Turf Inc | Board of Directors | Current |
| Universal Trailer Corporation | Director | Current |
| The Toro Company | Director | Current |
| Arctic Cat Inc. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| The Toro Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| The Toro Company | Board of Directors | Current |
Gregg W. Steinhafel is Chairman of the Board, Chief Executive Officer and President of Target. He has been Chief Executive Officer since May 2008 and President since August 1999. He became Chairman on February 1, 2009. He began his career at Target as a merchandising trainee in 1979. Since that time, he has held various management positions with Target. He is also a director of The Toro Co.
| Organization | Position | Status |
|---|---|---|
| Target Corporation | Chief Executive Officer | Current |
| Target Corporation | Chairman | Current |
| The Toro Company | Director | Current |
| Target Corporation | President | Former |
| Target Corporation | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| 3M Company | Executive Vice President, International Operations | Current |
| The Toro Company | Board of Directors | Current |
| 3M Company | Vice President, Europe and Middle East | Former |
| 3M Company | Division Vice President, Skin Health Division | Former |
| 3M Company | General Manager, Skin Health Division | Former |
| 3M Company | Managing Director, 3M Russia | Former |
| 3M Company | Skin Health Business Unit Director, Skin Health Division | Former |
| 3M Company | European Business Unit Manager, Surgical Devices, 3M Europe | Former |
| 3M Company | Business Manager, Vision Care and Orthopedic Products, 3M Europe | Former |
| 3M Company | Group Manager, Life Sciences Sector, 3M Sweden | Former |
| Organization | Position | Status |
|---|---|---|
| The Toro Company | Secretary | Current |
| The Toro Company | General Counsel, Vice President & Secretary | Former |
| The Toro Company | General Counsel | Former |
| University of Minnesota Law School | Llb. | Former |
| Organization | Position | Status |
|---|---|---|
| McData Corporation | Chief Financial Officer | Current |
| Qwest Communications International Inc. | Senior Vice President | Current |
| The Toro Company | Director | Current |
| Qwest Communications International Inc. | Treasurer | Current |
| Lennox International Inc. | Board of Directors | Current |
| McData Corporation | Senior Vice President | Former |
| Quaker Oats Company | Vice President | Former |
| Quaker Oats Company | Treasurer | Former |
| Organization | Position | Status |
|---|---|---|
| Yellow Pages Integrated Media Associationsm | Chair | Current |
| The Toro Company | Board of Directors | Current |
| Leadership America | Member | Current |
| Idearc Media Corp. | President and Chief Executive Officer | Former |
| Vis, LLC | President | Former |
| Verizon Communications Inc. | President, Info Services | Former |
| Idearc Media Corp. | Board of Directors | Former |
| The University of Texas at Austin | Bachelor's Degree In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Innovex, Inc. | Current | |
| SurModics, Inc. | Board of Directors | Current |
| The Toro Company | Board of Directors | Current |
| Jostens, Inc. | Chief Executive Officer | Former |
| Jostens, Inc. | President | Former |
| Corning Incorporated | Former | |
| Jostens, Inc. | Chairman | Former |
| Tuck School of Business at Dartmouth | M.B.A. | Former |
| Rensselaer Polytechnic Institute | B.S. in mechanical engineering | Former |
| Organization | Position | Status |
|---|---|---|
| The Toro Company | Director | Current |
| Arctic Cat Inc. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| The Toro Company | Board of Directors | Current |
| Bemis Company, Inc. | Director | Former |
Executive News
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Target Boosts Dividend 6.3% Despite Operating Troubles
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RETAIL: Competitors emulate Wal-Mart's focus on necessities
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Arctic Cat sees $16.7M 4Q loss: Company will cut 60 more jobs
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Arctic Cat sees $16.7M 4Q loss
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Expecting a slow year, Arctic Cat to cut 60 jobs
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Expecting a slow year, Arctic Cat to cut 60 jobs: After losing $16.7 million in the fiscal 2009 fourth quarter, Arctic Cat forecasts another tough year for sales of ATVs and snowmobiles.
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Arctic Cat Inc. F4Q09 (Qtr End 3/31/09) Earnings Call Transcript
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Arctic Cat cuts 60 positions
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Arctic Cat cuts 60 jobs as sales drop by almost half
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Arctic Cat cuts 60 positions
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Arctic Cat slips to loss in Q4; guides FY10 rev below estimates; culls 60 employees - Update
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Toro Reports Fiscal 2009 Second Quarter Results
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Toro beats Wall Street, despite sales and earnings drops
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Toro Reports Fiscal 2009 Second Quarter Results
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Toro Reports Fiscal 2009 Second Quarter Results
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Toro Reports Fiscal 2009 Second Quarter Results
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Toro Reports Fiscal 2009 Second Quarter Results
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