Business
Tennant Company Appoints James T. Glerum, Jr., Patrick Allen to Its Board of Directors
MINNEAPOLIS, February 12, 2026--Tennant Company (NYSE: TNC) ("Tennant" or the "Company"), a world leader in cleaning equipment and solutions, today announced that James T. Glerum, Jr. ("Jim") and Patrick Allen have been appointed to the Company’s Board of Directors as independent directors, effective immediately. With these appointments, the Board will expand in size to 11 directors, 10 of whom are independent. In connection with the appointment of Mr. Allen, Tennant has entered into a cooperati
About this update from Tennant Company
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":320,"url":"https://media.zenfs.com/en/business-wire.com/be005b6abc7f904644f39b612187af5a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/f2YdTQ8duB5SAZtJexBsGQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/be005b6abc7f904644f39b612187af5a","width":480,"height":320}},"lazy":false},{"type":"text","content":"MINNEAPOLIS, February 12, 2026--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) ("Tennant" or the "Company"), a world leader in cleaning equipment and solutions, today announced that James T. Glerum, Jr. ("Jim") and Patrick Allen have been appointed to the Company’s Board of Directors as independent directors, effective immediately. With these appointments, the Board will expand in size to 11 directors, 10 of whom are independent. In connection with the appointment of Mr. Allen, Tennant has entered into a cooperation and standstill agreement with Vision One.","length":591,"tagName":"p"},{"type":"text","content":""We are pleased to welcome Jim and Patrick to the Board and look forward to benefitting from their respective experiences, capabilities and insights as we advance our enterprise growth strategy," said Donal L. Mulligan, Chair of Tennant’s Board of Directors. "We also thank Vision One for their constructive engagement and shared commitment to creating long-term value for shareholders. With a 40-year career in investment banking, Jim brings to the Board deep financial expertise in capital allocation, capital markets, mergers and acquisitions, and strategic planning. Patrick, who was recommended as a director candidate by Vision One, has an excellent track record of driving performance and disciplined execution at several leading public companies, including as a respected Chief Financial Officer."","length":825,"tagName":"p"},{"type":"text","content":"In connection with the cooperation agreement, Vision One has agreed to customary standstill, voting and other provisions. Additionally, consistent with its ongoing focus on maintaining strong governance practices, Tennant’s Board of Directors has committed to including a proposal in the 2027 proxy statement to declassify the Company’s...