
Toro Elects President & COO
On July 21, 2026, the Toro Company’s board of directors elected president and chief operating officer Edric C. Funk to the position of president and chief executive officer, effective November 1, 2026. He will also join the board of directors, effective immediately. Funk will succeed Richard M. Olson, who will transition to the role of executive chairman of the board following more than four decades with the company, most recently as chief executive officer since 2016.
Since joining The Toro Company in 1996 as a design engineer, Funk has developed a deep understanding of its industries and customers through leadership roles spanning engineering, marketing, global product management and technology innovation. He led the company’s Center for Technology, Research and Innovation in 2017, became general manager of the Sitework Systems business in 2020, and later served as group vice president of Golf, Grounds and Irrigation, where he continued to play an influential role in shaping the company’s approach to technical innovation, while demonstrating an appreciation for strong customer relationships, disciplined execution and collaborative leadership.
Edric C. FunkThe Toro Company
“On behalf of the entire board, we thank Rick for his outstanding leadership and partnership,” said Jeffrey L. Harmening, lead independent director. “His stewardship of The Toro Company has driven strong performance, enhanced shareholder value, and strengthened the company’s position for the future. We are pleased that the organization will continue to benefit from his leadership as executive chairman.”
Industrial Truck Beds Rebrands
Hilltip Premium Truck Bed
Hilltip Premium Truck Beds designs and manufactures hook-lift and interchangeable beds, as well as dump beds, flat beds, and custom-built or private-label solutions. These products are engineered to outlast the commercial chassis, while providing optimal load capacity, stability and versatility.
Pet Control Company Names New VP of HR
Caroline FanucchiAzura Pest Control
In her role as Vice President of Human Resources, Fanucchi will lead Aruza’s HR strategy, talent development, employee engagement, recruiting infrastructure, and organizational planning initiatives. She will work closely with company leadership to strengthen Aruza’s people-first culture while supporting the company’s continued growth and operational scalability.
The company also acquired the Charleston, South Carolina operations of Core Pest Solutions. The acquisition expands Aruza's footprint in the Charleston market while welcoming Core Pest Solutions' customers and team members into the Aruza family. Existing customers can expect a seamless transition with continued service from experienced professionals, expanded service offerings, and the support of one of the region's fastest-growing pest management companies.
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