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): October 24, 2013
POLARIS INDUSTRIES INC.
(Exact
name of Registrant as specified in its charter)
|
Minnesota |
1-11411 |
41-1790959 |
|
(State of Incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
2100 Highway 55
Medina, Minnesota 55340
(Address of
principal executive offices)
(Zip Code)
(763) 542-0500
(Registrant’s
telephone number, including area code)
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:
⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
⃞ 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 October 24, 2013 the Board of Directors (the “Board”) of Polaris Industries Inc. (the “Company”) elected Kevin M. Farr as a Class III director, effective as of October 24, 2013, filling a vacancy created by the expansion of the size of the Board from eight to nine members. Mr. Farr was also appointed to serve on the Audit Committee and the Technology Committee of the Board. As a non-employee director, Mr. Farr will be eligible to receive director and committee fees, participate in the Polaris Industries Inc. Deferred Compensation Plan for Directors, receive grants under the Polaris Industries Inc. 2007 Omnibus Incentive Plan and use Company products, all as described under the caption “Director Compensation” in the Company’s proxy statement for its 2013 Annual Meeting of Shareholders, which was filed with the Securities and Exchange Commission on March 8, 2013.
A copy of the press release issued by the Company on October 24, 2013, announcing the election of Mr. Farr as a Director, is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
|
Item 9.01 |
Financial Statements and Exhibits. |
(d) Exhibits.
| 99.1 | Press Release dated October 24, 2013 of Polaris Industries Inc. |
SIGNATURE
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 thereunto duly authorized.
|
Date: |
October 24, 2013 |
||
|
POLARIS INDUSTRIES INC. |
|||
|
|
|
/s/ Stacy L. Bogart |
|
|
Stacy L. Bogart |
|||
|
Vice President — General Counsel and Secretary |
|||
EXHIBIT INDEX
|
Exhibit Number |
Description |
|
|
99.1 |
Press Release dated October 24, 2013 of Polaris Industries Inc. |
4
Exhibit 99.1
CONTACT:
Polaris Industries
Media Contact:
Marlys
Knutson, 763-542-0533
marlys.knutson@polaris.com
Kevin Farr Appointed to Polaris Industries Inc. Board of Directors
MINNEAPOLIS--(BUSINESS WIRE)--October 24, 2013--Polaris Industries Inc. (NYSE:PII) today appointed Kevin Farr to the Company’s Board of Directors. Mr. Farr is the Executive Vice President and Chief Financial Officer for Mattel, Inc., the worldwide leader in the design, manufacture and marketing of toys and family products. At Mattel, Mr. Farr is responsible for the finances of a $6.4 billion global business. He also plays integral roles in corporate strategic planning and development, including mergers and acquisitions, as well as corporate communications and government affairs.
“We are excited for Kevin Farr to bring his unique blend of financial acumen, business development and corporate strategy experience to our Board of Directors,” said Polaris Chairman and CEO Scott Wine. “Kevin honed these skills while managing critical elements of Mattel’s global consumer product business, particularly financial operations. He will provide invaluable oversight as we continue to strengthen and grow Polaris as a global brand.”
Prior to his time at Mattel, Mr. Farr worked for 10 years as a senior manager at PricewaterhouseCoopers International.
Mr. Farr is a Certified Public Account and holds a B.S. in Accounting from Michigan State. He also earned an M.B.A. in Finance and Marketing from the prestigious Kellogg Graduate School of Management at Northwestern University. He serves on the Corporate Advisory Board of the Marshall School of Business at the University of Southern California and is active in a number of professional organizations, including the American Institute of CPAs and the California Society of CPAs.
About Polaris®
Polaris is a recognized leader in the
powersports industry with annual 2012 sales of $3.2 billion. Polaris
designs, engineers, manufactures and markets innovative, high quality
off-road vehicles, including all-terrain vehicles (ATVs) and the Polaris RANGER®
and RZR® side-by-side vehicles, snowmobiles,
motorcycles and small vehicles.
Polaris is among the global sales leaders for both snowmobiles and off-road vehicles and has established a presence in the heavyweight cruiser and touring motorcycle market with the Victory and Indian motorcycle brands. Additionally, Polaris continues to invest in the global on-road small vehicle industry with Global Electric Motorcars (GEM), Goupil Industrie SA, Aixam Mega S.A.S., and internally developed vehicles. Polaris enhances the riding experience with a complete line of Polaris and KLIM branded apparel and Polaris accessories and parts.
Polaris Industries Inc. trades on the New York Stock Exchange under the symbol “PII”, and the Company is included in the S&P Mid-Cap 400 stock price index.
Information about the complete line of Polaris products, apparel and vehicle accessories are available from authorized Polaris dealers or anytime at www.polaris.com.