Toro names new president and COO

The Toro Company announced that Richard M. Olson has been elected to the position of president and chief operating officer effective Sept. 1, 2015.

Olson, 51, has served the company in various roles throughout his 29-year tenure, most recently as group vice president of its international and micro-irrigation businesses while also having responsibility for global distributor development and its wholly owned domestic distributorships.

In his new role, Olson will continue to report to Michael J. Hoffman, chairman of the board and chief executive officer, and he will oversee all of the company’s businesses and global operations.