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Thor Industries (NYSE:THO) – THOR Industries announces retirement – Press Release

ELKHART, Indiana, Sept. 9, 2022 (GLOBE NEWSWIRE) — THOR Industries, Inc. THO today announced the resignation of Jim Ziemer from the Board of Directors effective October 1, 2022. After his departure, Mr. Ziemer will continue to act as an observer for the Management Board until the end of the 2022 calendar year. The retirement of Mr. Ziemer is consistent with the renewal plans of THOR’s board of directors and as the company added two new board members last year prior to this planned retirement, no further new board members are planned at this time.

Mr. Ziemer has dedicated most of his professional career to Harley-Davidson. He started as a freight elevator operator at Harley-Davidson in 1969 while attending college and joined the company’s accounting department after graduation. He became Harley-Davidson’s chief financial officer in 1990 and served as Harley-Davidson’s chief executive officer from 2005 to 2009. Mr. Ziemer joined THOR’s Board of Directors in 2010, where he served as Chairman of the Company’s Audit Committee from December 2011 to March 2022 and served on the Company’s Environmental, Social, Governance and Nominating Committees.

“THOR Industries has been extremely fortunate to have Jim on our Board of Directors for the past 12 years,” commented Chairman Andy Graves. “All of us who have worked with Jim on the THOR Board of Directors have benefited from his leadership and dedication to the company. His extensive knowledge of the adjacent powersports industry, manufacturing practices, and financial acumen have helped guide the incredible performance THOR has achieved over the past decade. We extend our gratitude and best wishes to Jim in his retirement.”

Bob Martin, Chief Executive Officer of THOR, said: “For 12 years, Jim has played a key role on our Board of Directors and has helped lead our company through periods of growth unparalleled in the industry. Jim’s leadership and service on the Board will be greatly missed and we are deeply grateful for the…

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