A tensioner pad assembly is adapted to be mounted on an endless track of a tensioner to frictionally clamp an elongated product supported and moved by the tensioner. The pad assembly includes a carrier member and a pair of gripping members, which gripping members can with their carrier member mating surfaces be mounted in multiple discrete gripping positions on gripping member mating surfaces of the carrier member. The mating surfaces form interlocking structures adapted to transfer a squeeze force from the carrier member to the gripping members. The interlocking structures provided on the carrier member define the multiple discrete gripping positions. The gripping member mating surfaces extend at an angle relative to each other, such that the multiple discrete gripping positions differ in their distance to the base portion as well as in their distance to the imaginary plane of the carrier member.