Thor Names Martin Chief Executive Officer
Thor Industries, Inc. (NYSE:THO) has announced that current President and Chief Operating Officer, Bob Martin, has been appointed Chief Executive Officer, effective August 1, 2013.
Bob Martin, Thor Industries
In addition, Martin has been elected to serve on Thor’s Board of Directors, also effective August 1, 2013. Martin, age 43, is succeeding Peter B. Orthwein, who will remain Executive Chairman of the Board of Directors.
A 19-year industry executive, Martin has served in a variety of leadership roles at Thor, including as President of Keystone RV, Thor’s largest subsidiary, as well as RV Senior Group President and most recently as President and Chief Operating Officer. All RV Presidents and the Bus Group President will continue reporting directly to Martin in his new role.
“I am pleased to pass on the leadership of Thor to Bob Martin, someone who has a proven track record with both our Company and the RV industry,” said Peter B. Orthwein, Thor Chairman. “This transition marks a significant, positive step in our succession plan and I have confidence in the solid management team we have developed over the past several years. We now have excellent depth of talent across our senior management, and I am convinced that Bob’s strong relationships with dealers and demonstrated ability make him the right person to lead Thor to the next level of growth, performance and profitability.”
About Thor Industries, Inc.
Thor is the sole owner of operating subsidiaries that, combined, represent the world’s largest manufacturer of recreation vehicles and a major builder of commercial buses.
Category: General Update, People
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