The Toro Company Names Neal M. Lackritz Chief Technology Officer
Business Wire•20/10/2026•16:30 ET
0
Key Highlights
- ➤Toro names Neal M. Lackritz vice president and chief technology officer, effective November 2, 2026
- ➤New CTO will lead enterprise technology strategy and global engineering organization
- ➤Toro will prioritize autonomous, alternative power and connected solutions commercialization
- ➤Toro reported $4.5 billion in fiscal 2025 net sales
Expert Statements
Edric C. Funk, President and chief operating officer of The Toro Company
“Built on a foundation of innovation and engineering excellence, The Toro Company has long focused on helping customers tackle their most important challenges,”
Edric C. Funk, President and chief operating officer of The Toro Company
“That commitment continues as we improve the products our customers trust today, while also developing integrated solutions that will define the future, strengthen our market leadership, and deliver added efficiency and productivity for our customers.”
Edric C. Funk, President and chief operating officer of The Toro Company
“I am excited to welcome Neal to The Toro Company and our leadership team. Throughout his career, he has built and transformed high-performing engineering organizations by uniting teams around clear priorities, shared technology platforms, and disciplined execution. Neal’s collaborative leadership, passion for developing teams, and ability to build alignment across organizations position us well to advance our technology strategy, accelerate innovation, and create meaningful value for customers and shareholders.”
The Toro Company Names Neal M. Lackritz Chief Technology Officer
New leadership role to align technology strategies and investments for profitable growth
Get started
Create a free account to read the full story.