Tennant Company (NYSE: TNC), a world leader in designing, manufacturing
and marketing solutions that help create a cleaner, safer, healthier
world, announced the appointment of Azita Arvani to its Board of
Tennant Company (NYSE: TNC), a world leader in designing, manufacturing and marketing solutions that help create a cleaner, safer, healthier world, announced the appointment of Azita Arvani to its Board of Directors. As Head of Partnering and Alliances at Nokia Siemens Networks, Ms. Arvani leads a team responsible for strategic and global partnerships that form the basis of Nokia Siemens’s collaborative innovations. Prior to the recent assignment, Ms. Arvani was Head of Innovation Strategy at Nokia Siemens Networks where she defined the mission for its Innovation Center in Silicon Valley and the Innovation team, developing and implementing agile strategies for identifying and commercializing innovations with a focus on rapid experimentation, partnerships and fast time to market. "Azita Arvani brings to the Tennant Board of Directors extensive experience in disruptive technologies. As a consultant and executive leader, Azita has helped a diverse set of companies develop and commercialize game-changing technologies,” said Chris Killingstad, president and chief executive officer of Tennant Company. “We are confident her insights will be of significant value as we evolve our Orbio water-based and other sustainable cleaning technologies and continue to change and enhance the way the world cleans,” Killingstad said. Ms. Arvani was formerly the principal and founder of Arvani Group Strategy Consulting, where she worked in close collaboration with global companies and investors within mobile and wireless markets. Representative clients included: DOCOMO (leading global mobile carrier); Xerox; PalmSource/Access; Casio; Shamrock Holdings; FBR Capital Markets; Swedish Trade Council; and many new multimedia and technology ventures. Prior to creating her own consulting group, Ms. Arvani led strategy and business development for ActiveSky, a pioneer in developing interactive-rich media technologies for mobile applications, and has also previously held senior positions with Xerox Corporation, including director of corporate business strategy both at Xerox’s Palo Alto Research Center (PARC) and at company headquarters.
The ex-dividend date for Tennant Company (NYSE:TNC) is Tuesday, May 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $42.41 as of 9:30 a.m., the dividend yield is 1.6%.
Tennant Company (NYSE:TNC) hit a new 52-week high Thursday as it is currently trading at $47.53, above its previous 52-week high of $47.45 with 5,613 shares traded as of 9:55 a.m. ET. Average volume has been 110,500 shares over the past 30 days.