-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Dk2lT3y0P7qWXu4Yv22NUSZcQfu3Wf8URlxgMYvfd4kXE1MeMW/GjiCd5vzTbhSy W5fVgvAsyLz253xHpwiWVA== 0000950123-10-001979.txt : 20100112 0000950123-10-001979.hdr.sgml : 20100112 20100112150735 ACCESSION NUMBER: 0000950123-10-001979 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20100107 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100112 DATE AS OF CHANGE: 20100112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: THOR INDUSTRIES INC CENTRAL INDEX KEY: 0000730263 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR HOMES [3716] IRS NUMBER: 930768752 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09235 FILM NUMBER: 10522555 BUSINESS ADDRESS: STREET 1: 419 W PIKE ST CITY: JACKSON CENTER STATE: OH ZIP: 45334 BUSINESS PHONE: 9375966849 MAIL ADDRESS: STREET 1: 419 W PIKE STREET CITY: JACKSON CENTER STATE: OH ZIP: 45334 8-K 1 l38491e8vk.htm FORM 8-K e8vk
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8—K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): January 7, 2010
Thor Industries, Inc.
(Exact Name of Registrant as Specified in Charter)
         
Delaware
(State or Other Jurisdiction of
Incorporation)
  1-9235
(Commission File Number)
  93-0768752
(IRS Employer Identification
No.)
     
419 West Pike Street,
Jackson Center, Ohio

(Address of Principal Executive Offices)
  45334-0629
(Zip Code)
Registrant’s telephone number, including area code: (937) 596-6849
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

Item 5.02.   Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
          On January 7, 2010, Thor Industries, Inc. (the “Company”) issued a press release announcing that Ronald Fenech had been appointed Senior Group President of the Company, with responsibility for the Company’s recreational vehicle group. Mr. Fenech, age 52, has served as President of Keystone RV Company, a subsidiary of the Company, since November 2001.
          At the time of his appointment, Mr. Fenech did not enter into any agreements or understandings with the Company related to his new position as Senior Group President of the Company, although he and the Company are currently in discussions over his compensation package going forward. He has no family relationships with any of the directors or executive officers of the Company. Since the beginning of the Company’s last fiscal year, Mr. Fenech has had no direct or indirect material interest in any transaction (excluding employment) or any proposed transaction involving the Company worth more than $120,000.
          On January 7, 2010, the Company also announced that Richard E. Riegel, III was appointed Senior Group President of the Company, with responsibility for the Company’s bus group, investor relations, and for developing new business segments related to the Company’s existing lines of business. Mr. Riegel, age 43, has been with the Company since May 1998. Since October 2007, Mr. Riegel served as Chief Operating Officer of the Company and from August 2005 to September 2007 he served as Group President. From 1998 through April 2002, Mr. Riegel served as Vice President, Corporate Development of the Company, and from April 2002 through August 2005, he served as President and CEO of Airstream, Inc.
          Mr. Riegel did not enter into any agreements or understandings with the Company related to his new position as Senior Group President of the Company. He has no family relationships with any of the directors or executive officers of the Company. Since the beginning of the Company’s last fiscal year, Mr. Riegel has had no direct or indirect material interest in any transaction (excluding employment) or any proposed transaction involving the Company worth more than $120,000.
          A copy of the Company’s press release announcing the above management changes is attached as Exhibit 99.1 hereto.
Item 9.01   Financial Statements and Exhibits.
     (d) Exhibits
     
Exhibit Number   Description
 
   
99.1
  Copy of press release, dated January 7, 2010, issued by the Company

 


 

SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  Thor Industries, Inc.
 
 
Date: January 12, 2010  By:   /s/ Christian G. Farman    
    Name:   Christian G. Farman   
    Title:   Senior Vice President, Treasurer and
Chief Financial Officer 
 

 


 

         
EXHIBIT INDEX
     
Exhibit    
Number   Description
 
   
99.1
  Copy of press release, dated January 7, 2010, issued by the Company

 

EX-99.1 2 l38491exv99w1.htm EX-99.1 exv99w1
Exhibit 99.1
(THOR INDUSTRIES INC. LOGO)
419 WEST PIKE STREET P.O. BOX 629 JACKSON CENTER, OHIO 45334-0629
PHONE 937-596-6849 FAX 937-596-6539
NEWS RELEASE
     
Date:
  January 7, 2010
Contact:
  Peter B. Orthwein or Richard E. Riegel III
THOR ANNOUNCES MANAGEMENT CHANGES
Thor Industries, Inc. (NYSE:THO) today announced changes in its management structure to propel further growth and performance within its existing business segments, and to develop new growth opportunities in related business segments.
Ron Fenech, currently President of Keystone RV has been appointed Senior Group President, with all Thor RV divisions reporting to him. “Over the past eight years as President, Ron Fenech has been an important driver of Thor’s largest and most profitable company, Keystone. Thor’s other RV companies will now also share in the benefits of his leadership,” said Peter B. Orthwein, Thor Chairman, CEO & President. “Under Ron’s direction, Thor’s RV divisions will remain separate and distinct companies in the marketplace, serving their distinct dealer networks.” Mr. Fenech will report directly to Mr. Orthwein.
Richard “Dicky” Riegel, currently Thor’s Chief Operating Officer becomes Senior Group President, with responsibility for Thor’s bus group, Thor investor relations, and for developing new business segments related to Thor’s existing lines of business. “One of Thor’s biggest opportunities is to utilize its strong cash flow to enter a new, related business segment and Dicky Riegel is the ideal person to head up that effort,” said Mr. Orthwein. “Dicky has been instrumental in driving substantial growth during his presidency of Airstream and in his role as Thor’s COO. With his skills and talents, he will help shape the future of Thor by identifying new businesses for the company.” Andrew Imanse remains Group President, Thor Commercial Bus division and will continue to report to Mr. Riegel, who will report to Mr. Orthwein.
Bob Martin, currently Exec. V.P. of Keystone RV, has been appointed President of Keystone RV. “Bob has been an integral part of the Keystone team since our early days, and we have been preparing for this move with Bob for the past three years,” said Ron Fenech. “Bob understands what makes Keystone great, and I am excited about Keystone’s future under his leadership.”
Thor is the world’s largest manufacturer of recreation vehicles and a major builder of commercial buses.
This release includes certain statements that are “forward looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward looking statements involve uncertainties and risks. There can be no assurance that actual results will not differ from our expectations. Factors which could cause materially different results include, among others, additional issues that may arise in connection with the findings of the completed investigation by the Audit Committee of the Board of Directors of Thor Industries, Inc. (the “Company”) and the SEC’s requests for additional information, fuel prices, fuel availability, lower consumer confidence, interest rate increases, tight lending practices, increased material costs, the success of new product introductions, the pace of acquisitions, cost structure improvements, the impact of auction market failures on our liquidity, competition and general economic conditions and the other risks and uncertainties discussed more fully in Item 1A of the Company’s Annual Report on Form 10-K for the year ended July 31, 2009. The Company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward looking statements contained in this release or to reflect any change in the Company’s expectations after the date of this release or any change in events, conditions or circumstances on which any statement is based except as required by law.

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