Tennant Company (NYSE: TNC) plans smooth CFO transition
Rhea-AI Filing Summary
Tennant Company reports that Senior Vice President and Chief Financial Officer Fay West has notified the company of her intention to retire after a successor is hired and a transition period is completed. Her retirement is expected in the second quarter of 2027, but not before April 2, 2027.
The company has begun a search for a new Chief Financial Officer and aims to name a replacement by the first quarter of 2027 to allow for an orderly handover. Tennant, a global cleaning equipment manufacturer, generated $1.20 billion in sales in 2025 and employs approximately 4,500 people worldwide.
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enterprise growth strategy financial
capital allocation framework financial
M&A strategy financial
Inline XBRL regulatory
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 27, 2026, Fay West, Senior Vice President, Chief Financial Officer of Tennant Company (the “Company”), gave notice of her intention to retire after her successor has been hired and an appropriate transition period has occurred, but no earlier than April 2, 2027. The Company is commencing a search for a successor Chief Financial Officer.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| 99 | News Release dated July 30, 2026, announcing CFO retirement. | |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Tennant Company | |
| Date: July 30, 2026 | /s/ Kristin A. Erickson |
| Kristin A. Erickson | |
| Senior Vice President, Chief Human Resources Officer, General Counsel and Corporate Secretary |
Exhibit 99
| FOR IMMEDIATE RELEASE MEDIA CONTACT: Jason Peterson Corporate Communications Director Jason.Peterson@tennantco.com 763-513-1849 |
 |
INVESTOR CONTACT:
Lorenzo Bassi
Vice President, Finance and Investor Relations
mailto:investors@tennantco.com
763-540-1242
Tennant Company Announces Retirement of
Fay West, Senior Vice President, Chief Financial Officer
MINNEAPOLIS, July 30, 2026—Tennant Company (NYSE: TNC) today announced that Fay West, Senior Vice President, Chief Financial Officer of Tennant Company (the “Company”), gave notice of her intention to retire after her successor has been hired and an appropriate transition period has occurred, with her retirement expected to occur in the second quarter of 2027, but no earlier than April 2, 2027. The Company is commencing a search for a successor Chief Financial Officer.
“Fay has been a trusted partner and an important leader throughout a period of significant transformation and growth for our company,” said Dave Huml, Tennant Company President and CEO. “Her steady leadership, financial discipline, and commitment to continuous improvement have helped strengthen our business, navigate complex challenges, and position us for the future.
Ms. West joined the Company in 2021. In the five years she has held her current role, her significant contributions include serving as a principal architect of the Company's enterprise growth strategy; providing executive oversight and guidance across our global Finance function; developing and deploying a robust planning and capital allocation framework; standing up our M&A strategy and function; and injecting fresh energy and focus into investor engagement activities.
“On behalf of Tennant, I want to thank Fay for her many contributions to the success of Tennant,” said Huml. We’re grateful for the impact she has made over the years and appreciate her commitment to ensuring a smooth transition as we begin the search for her successor.”
Huml noted that the company is working to name a replacement by the first quarter of 2027 with a goal of ensuring a transition period before Ms. West’s departure.
About Tennant Company
Founded in 1870, Tennant Company (TNC), headquartered in Eden Prairie, Minnesota, is a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthier world. Its products include equipment for maintaining surfaces in industrial, commercial and outdoor environments; detergent-free and other sustainable cleaning technologies; and cleaning tools and supplies. Tennant's global field service network is the most extensive in the industry. Tennant Company had sales of $1.20 billion in 2025 and has approximately 4,500 employees. Tennant has manufacturing operations throughout the world and sells products directly in more than 25 countries and through distributors in more than 100 countries. For more information, visit www.tennantco.com and www.ipcworldwide.com. The Tennant Company logo and other trademarks designated with the symbol “®” are trademarks of Tennant Company registered in the United States and/or other countries.
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