The Toro Co. remembers former chairman and CEO Ken Melrose

By |  May 11, 2020 0 Comments
Ken Melrose (Photo: The Toro Co.)

Ken Melrose (Photo: The Toro Co.)

Kendrick “Ken” B. Melrose, former chairman and CEO of The Toro Co., died Sunday, May 3, 2020 at the age of 79.

“Ken was an extraordinary person, whose wide-ranging accomplishments were driven by his unwavering commitment to serving others,” The Toro Co. said in a statement. “Ken’s core values enabled him to positively impact so many throughout his professional career, during his post-retirement mission to advance the principles of servant leadership, and in his generous philanthropic efforts.”

Rick Olson, current chairman and CEO of The Toro Co., said, “Ken was a great man and the epitome of an exceptional leader. The culture he instilled continues as a positive influence and will guide The Toro Co. long into the future. Ken was passionate about supporting the industries we serve and helping our customers succeed. The impact of his generous philanthropic initiatives will continue to positively affect many in our industry and our communities.”

Melrose’s leadership at Toro

Melrose joined The Toro Co. in 1970 and over the course of the following decade, served in a number of leadership roles with increasing responsibility. In 1981, as the company faced extremely challenging times, Melrose was named president.

According to the company, Melrose’s belief in and ability to connect with people, his fortitude while making tough decisions and his commitment to quality and innovation all helped lead the organization through financial difficulty to record results at the time. His intelligence and determination empowered him to see the job through and guide the enterprise not only through difficult times, but to ever-greater heights of success, said the company’s statement.

Melrose outlined his business philosophy in his book published in 1995, Making the Grass Greener on Your Side: A CEO’s Journey to Leading by Serving. “Everyone has the potential to contribute to achieving the goals of the company,” he wrote. “If you unleash that potential, market leadership and financial success will be natural by-products.”

After leading the company for 24 years, Melrose retired as CEO in March of 2005. During his tenure, he oversaw a number of acquisitions including Wheel Horse, Exmark, Lawn-Boy and Hayter, and company sales grew from $247 million to $1.7 billion.

Melrose’s philanthropic legacy

He also was a strong advocate in the company’s philanthropic and industry support and played an instrumental role in forming the company’s partnership with The First Tee in 1998. Committed to giving back to employees, he established The Kendrick B. Melrose Family Foundation Scholarship Program in 2002 for dependents of company employees, which has supported 189 students with scholarships. He also helped establish the Melrose/Hoffman Employee Critical Need Fund in 2005 to assist employees experiencing economic hardship.

In retirement, Melrose founded Leading by Serving. In this role, he wrote and traveled extensively promoting the principles of Servant Leadership in both public and private organizations. A champion for ethics and servant leadership, he chaired the board of directors for the Center for Ethical Business Cultures at the University of St. Thomas Opus College of Business. He also held the university’s Holloran Endowed Professorship and was a popular lecturer among students. He was also driven to give back through a wide range of philanthropic efforts supporting employee, industry, health care, education and many other interests.

“We owe much to Ken’s principled leadership, and his legacy cannot be overstated,” Olson said. “He was a rare transformational leader who saw the best in people and knew how to inspire them to work together and exceed their own expectations in order to achieve great things.”

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