Richard M. Olson
Rick Olson was elected Chairman of the Board in November, 2017, and as president and chief executive officer in November 2016. Previously he was elected president and chief operating officer in September 2015 and to the board of directors of The Toro Company in January 2016. Prior to that he was elected group vice president, international business, micro irrigation business and distributor development in June 2014, and was named vice president, international business in March 2013.
Olson joined Toro in 1986 as a manufacturing process engineer. He has held various positions in operations and engineering at five Toro locations—including manager of advanced manufacturing, commercial engineering program manager, director of Shakopee plant operations, and managing director of northern manufacturing operations. In 2010 he was named general manager of Exmark, and was appointed vice president, Exmark in 2012.
Olson earned a Bachelor of Science in industrial technology from Iowa State University and an MBA from the University of Minnesota – Carlson School of Management. He currently serves on the boards of The Toro Foundation, the Board of Overseers of the University of Minnesota Carlson School of Management and is Chairman of the Board of the Outdoor Power Equipment Institute.