April 12, 2024

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Tennant Business Appoints New Board Member

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Timothy R. Morse, Previous Main Executive Officer of 10-X, Joins Tennant Organization Board of Administrators

MINNEAPOLIS–(Company WIRE)–
Tennant Corporation (NYSE: TNC), a environment leader in the layout, manufacture and internet marketing of remedies to reinvent how the planet cleans, today declared the appointment of Tim Morse, previous Main Government Officer of 10-X, to the Tennant Company Board of Directors, powerful February 17, 2021.

Mr. Morse led Ten-X, an online actual estate marketplace business, from 2015 to 2018, and served as the company’s Chief Financial Officer prior to his appointment as the Chief Executive Officer. Prior to his tenure with 10-X, he held several senior leadership positions with Yahoo! Inc., together with Chief Economical Officer and Interim Chief Government Officer, as effectively as senior leadership roles at Basic Electric Corporation and Altera Corporation.

“We are psyched to welcome Tim to the Tennant Corporation Board of Directors, and to faucet his world strategic and economic abilities as we carry on to emphasis on unlocking Tennant’s prospective as a chief in the cleaning industry,” claimed Chris Killingstad, recent Tennant Company President and CEO. “We are self-confident that his competencies and leadership expertise with innovative companies will deliver perception and benefit as we further develop and start groundbreaking new methods like our autonomous mobile robot cleansing system.”

“Tim brings strategic monetary, as effectively as executive management practical experience with big, world, public businesses,” additional Dave Huml, existing Senior Vice President and Chief Running Officer and incoming President and CEO. “As we continue on to execute in opposition to our very long-term enterprise approach, we hope that he’ll convey his understanding and abilities to bear to help guide us as we attempt to streamline procedures, scale the business enterprise and create shareholder price by means of sustained financially rewarding progress.”

Mr. Morse also serves on the Board of Administrators for Household Point Cash. Given that 2018, he has also recommended and been energetic on the Boards of early- to mid-phase get started-up providers. In addition to his global economic and management expertise, he brings specific understanding of accounting and internal controls and financial and standard enterprise processes to the Tennant Company Board of Directors, as very well as comprehensive experience with mergers and acquisitions.

Mr. Morse joins 9 other Administrators, which includes Azita Arvani, William F. Austen, Carol S. Eicher, Maria C. Green, H. Chris Killingstad, Donal L. Mulligan, Steven A. Sonnenberg, David S. Wichmann, and David Windley.

Corporation Profile

Established in 1870, Tennant Business (TNC), headquartered in Minneapolis, Minnesota, is a entire world chief in developing, producing and marketing and advertising options that empower clients to obtain top quality cleansing general performance, reduce their environmental effect and support build a cleaner, safer, much healthier globe. Its solutions involve products for preserving surfaces in industrial, industrial and out of doors environments detergent-absolutely free and other sustainable cleaning systems and cleansing instruments and materials. Tennant’s global discipline provider network is the most considerable in the marketplace. Tennant Corporation experienced profits of $1.14 billion in 2019 and has roughly 4,300 workforce. Tennant has manufacturing functions through the earth and sells goods specifically in 15 nations and via distributors in extra than 100 nations. For extra details, go to www.tennantco.com and www.ipcworldwide.com. The Tennant Organization emblem and other emblems specified with the symbol “®” are trademarks of Tennant Company registered in the United States and/or other nations.

Trader Contact:

William Prate

Senior Director, Trader Relations

[email protected]

763-540-1547

Resource: Tennant Enterprise

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