{"id":469733,"date":"2021-04-01T09:03:28","date_gmt":"2021-04-01T13:03:28","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=469733"},"modified":"2021-04-01T09:03:28","modified_gmt":"2021-04-01T13:03:28","slug":"tennant-company-appoints-fay-west-as-senior-vice-president-and-chief-financial-officer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tennant-company-appoints-fay-west-as-senior-vice-president-and-chief-financial-officer\/","title":{"rendered":"Tennant Company Appoints Fay West as Senior Vice President and Chief Financial Officer"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Tennant Company Appoints Fay West as Senior Vice President and Chief Financial Officer<\/b><\/p>\n<p>MINNEAPOLIS&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nTennant Company (\u201cTennant\u201d) (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer, healthier world, today announced it has appointed Fay West as the Company\u2019s Senior Vice President and Chief Financial Officer, effective April 15. Ms. West was previously Senior Vice President and Chief Financial Officer of SunCoke Energy, Inc. West replaces Thomas Paulson, who has served as interim CFO since January 2021.\n<\/p>\n<p>\n\u201cFay is an accomplished finance executive with extensive experience in accounting, financial reporting and analysis and controls, and demonstrated leadership skills in implementing continuous improvements in business systems and processes,\u201d said Dave Huml, Tennant Company\u2019s President and Chief Executive Officer.\n<\/p>\n<p>\n\u201cWe welcome Fay as the newest member of Tennant\u2019s senior management team and look forward to working with her in executing our enterprise strategy and seizing the opportunities that lie ahead. We\u2019ve made meaningful improvements to our operating model in the past year and are in a strong position as global markets begin to recover. We\u2019re excited to have Fay on our team as we continue on this trajectory,\u201d said Huml.\n<\/p>\n<p>\nBefore joining SunCoke Energy, Inc., in 2011, West was Assistant Controller at United Continental Holdings, Inc. Prior to that role, she served in several leadership roles at PepsiAmericas, Inc., including Vice President of Accounting and Financial Reporting, and Director of Financial Reporting. Prior to joining PepsiAmericas, Inc., she was Vice President and Controller of GATX Rail Company. West is a certified public accountant and received her bachelor\u2019s degree in accounting from DePaul University.\n<\/p>\n<p>\nThe Company has filed a Form 8-K with the U.S. Securities and Exchange Commission, which describes the material compensatory arrangements for West. As a material inducement to West commencing employment with Tennant, the Compensation Committee approved the grants to West of annual long-term incentive equity awards, as well as a one-time restricted stock unit award, all of which will be granted outside of Tennant\u2019s shareholder-approved equity compensation plan in reliance on the employment inducement exemption under the NYSE\u2019s Listed Company Manual Rule 303A.08. The annual long-term incentive awards will have a total grant date fair value of $848,000, comprised of 50% performance-based restricted stock units with a performance period from 2021-2023, 25% non-qualified stock options vesting ratably over three years and 25% restricted shares that cliff-vest after three years, consistent with comparable awards to Tennant\u2019s other executive officers. The one-time restricted stock units will have a grant date fair value of $1.1 million and will vest as to 50% of the units on each of the first and second anniversaries of the date of grant. All of the equity awards will be subject to the terms of the standard forms of award agreements for executive officers and will be granted upon the commencement of West\u2019s employment or the first date thereafter when Tennant\u2019s stock trading window is open.\n<\/p>\n<p><b><span class=\"bwuline\">Company Profile<\/span><\/b><\/p>\n<p>\nFounded in 1870, Tennant Company (TNC), headquartered in Minneapolis, Minnesota, is a world leader in designing, manufacturing and marketing solutions that empower customers to achieve quality cleaning performance, reduce their environmental impact and help create a cleaner, safer, 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&#8217;s global field service network is the most extensive in the industry. Tennant Company had sales of $1.0 billion in 2020 and has approximately 4,300 employees. Tennant has manufacturing operations throughout the world and sells products directly in 15 countries and through distributors in more than 100 countries. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.tennantco.com&amp;esheet=52405170&amp;newsitemid=20210401005133&amp;lan=en-US&amp;anchor=www.tennantco.com&amp;index=1&amp;md5=c1488dc21363f098c99337b8f6c9181f\">www.tennantco.com<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ipcworldwide.com&amp;esheet=52405170&amp;newsitemid=20210401005133&amp;lan=en-US&amp;anchor=www.ipcworldwide.com&amp;index=2&amp;md5=771ef4e32c73d8841a92c8c0983dcec6\">www.ipcworldwide.com<\/a>. The Tennant Company logo and other trademarks designated with the symbol \u201c\u00ae\u201d are trademarks of Tennant Company registered in the United States and\/or other countries.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210401005133r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210401005133\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210401005133\/en\/<\/a><\/span><\/p>\n<p>\nINVESTOR CONTACT:<br \/>\n<br \/>William Prate<br \/>\n<br \/>Senior Director, Investor Relations<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:william.prate@tennantco.com\">william.prate@tennantco.com<br \/>\n<\/a><br \/>763-540-1547\n<\/p>\n<p><b>KEYWORDS:<\/b> Minnesota United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Commercial Building &amp; Real Estate Construction &amp; Property Other Manufacturing Engineering Chemicals\/Plastics Other Construction &amp; Property Manufacturing Residential Building &amp; Real Estate<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210401005133\/en\/1062247\/3\/TennantCompany-logo-fullcolor-transparent.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Tennant Company Appoints Fay West as Senior Vice President and Chief Financial Officer MINNEAPOLIS&#8211;(BUSINESS WIRE)&#8211; Tennant Company (\u201cTennant\u201d) (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer, healthier world, today announced it has appointed Fay West as the Company\u2019s Senior Vice President and Chief Financial Officer, effective April 15. Ms. West was previously Senior Vice President and Chief Financial Officer of SunCoke Energy, Inc. West replaces Thomas Paulson, who has served as interim CFO since January 2021. \u201cFay is an accomplished finance executive with extensive experience in accounting, financial reporting and analysis and controls, and demonstrated leadership skills in implementing continuous improvements in business systems and processes,\u201d said Dave Huml, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tennant-company-appoints-fay-west-as-senior-vice-president-and-chief-financial-officer\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Tennant Company Appoints Fay West as Senior Vice President and Chief Financial Officer&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-469733","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tennant Company Appoints Fay West as Senior Vice President and Chief Financial Officer - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tennant-company-appoints-fay-west-as-senior-vice-president-and-chief-financial-officer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tennant Company Appoints Fay West as Senior Vice President and Chief Financial Officer - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Tennant Company Appoints Fay West as Senior Vice President and Chief Financial Officer MINNEAPOLIS&#8211;(BUSINESS WIRE)&#8211; Tennant Company (\u201cTennant\u201d) (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer, healthier world, today announced it has appointed Fay West as the Company\u2019s Senior Vice President and Chief Financial Officer, effective April 15. Ms. West was previously Senior Vice President and Chief Financial Officer of SunCoke Energy, Inc. West replaces Thomas Paulson, who has served as interim CFO since January 2021. \u201cFay is an accomplished finance executive with extensive experience in accounting, financial reporting and analysis and controls, and demonstrated leadership skills in implementing continuous improvements in business systems and processes,\u201d said Dave Huml, &hellip; Continue reading &quot;Tennant Company Appoints Fay West as Senior Vice President and Chief Financial Officer&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/tennant-company-appoints-fay-west-as-senior-vice-president-and-chief-financial-officer\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-01T13:03:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210401005133r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tennant-company-appoints-fay-west-as-senior-vice-president-and-chief-financial-officer\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tennant-company-appoints-fay-west-as-senior-vice-president-and-chief-financial-officer\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Tennant Company Appoints Fay West as Senior Vice President and Chief Financial Officer\",\"datePublished\":\"2021-04-01T13:03:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tennant-company-appoints-fay-west-as-senior-vice-president-and-chief-financial-officer\\\/\"},\"wordCount\":711,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tennant-company-appoints-fay-west-as-senior-vice-president-and-chief-financial-officer\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210401005133r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tennant-company-appoints-fay-west-as-senior-vice-president-and-chief-financial-officer\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tennant-company-appoints-fay-west-as-senior-vice-president-and-chief-financial-officer\\\/\",\"name\":\"Tennant Company Appoints Fay West as Senior Vice President and Chief Financial Officer - 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Ms. West was previously Senior Vice President and Chief Financial Officer of SunCoke Energy, Inc. West replaces Thomas Paulson, who has served as interim CFO since January 2021. \u201cFay is an accomplished finance executive with extensive experience in accounting, financial reporting and analysis and controls, and demonstrated leadership skills in implementing continuous improvements in business systems and processes,\u201d said Dave Huml, &hellip; Continue reading \"Tennant Company Appoints Fay West as Senior Vice President and Chief Financial Officer\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/tennant-company-appoints-fay-west-as-senior-vice-president-and-chief-financial-officer\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-01T13:03:28+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210401005133r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tennant-company-appoints-fay-west-as-senior-vice-president-and-chief-financial-officer\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tennant-company-appoints-fay-west-as-senior-vice-president-and-chief-financial-officer\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Tennant Company Appoints Fay West as Senior Vice President and Chief Financial Officer","datePublished":"2021-04-01T13:03:28+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tennant-company-appoints-fay-west-as-senior-vice-president-and-chief-financial-officer\/"},"wordCount":711,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tennant-company-appoints-fay-west-as-senior-vice-president-and-chief-financial-officer\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210401005133r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tennant-company-appoints-fay-west-as-senior-vice-president-and-chief-financial-officer\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/tennant-company-appoints-fay-west-as-senior-vice-president-and-chief-financial-officer\/","name":"Tennant Company Appoints Fay West as Senior Vice President and Chief Financial Officer - 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