Thor Names Colleen Zuhl Chief Financial Officer
ELKHART, Ind., Sept. 11, 2013
ELKHART, Ind., Sept. 11, 2013 /PRNewswire/ -- Thor Industries, Inc. (NYSE:THO)
today announced that it has named Colleen Zuhl as Chief Financial Officer
effective October 1, 2013. Mrs. Zuhl replaces Dominic Romeo, who will
continue to work with Thor on a consulting basis for a variety of projects.
"We would like to thank Dom Romeo for coming out of retirement to assist us in
taking significant transformative steps in a condensed time frame that set the
foundation for our future growth," said Bob Martin, Thor President and Chief
Executive Officer. "Dom's time with us was marked by significant successes of
our Company's management team on which Dom played a key role. I personally
appreciated his counsel on our strategic objectives. I also appreciate that
we will have the ability to continue to work with him."
Mr. Romeo commented, "I truly enjoyed my time as CFO of Thor and am very
pleased with what our management team has accomplished. I leave the position
knowing that Colleen will maintain the high standards established at Thor and
that the Company's experienced finance team will continue its outstanding
Mr. Martin added, "We are pleased that Colleen has agreed to become our new
CFO, as she has shown that her years of experience in the RV industry, her
technical expertise and leadership skills make her the ideal candidate to
maintain our positive momentum within the finance function. I am confident in
Colleen's ability to shape the future of our finance group and provide
valuable insights to our Board and senior management team."
Mrs. Zuhl, 47, joined Thor in June 2011 and has served in a variety of roles,
including Vice President and Corporate Controller as well as Interim Chief
Financial Officer from October 2012 through February 2013. The entire
finance, accounting and internal audit functions will report to Mrs. Zuhl.
Prior to her experience at Thor, Mrs. Zuhl served as Chief Financial Officer
for All American Group, Inc. (formerly known as Coachmen Industries, Inc.),
which was a publicly traded company. Prior to her tenure at All American
Group, Mrs. Zuhl spent more than 15 years at Ernst & Young, LLP, most recently
as an audit senior manager. Mrs. Zuhl is a graduate of Hillsdale College with
a bachelor's degree in Accounting and Mathematics.
As the Company prepares to file its fiscal 2013 financial statements on Form
10-K, Mr. Romeo and Mrs. Zuhl will share responsibility for the filing, and
both will certify the report on behalf of the Company.
In addition to Mrs. Zuhl's appointment as Chief Financial Officer, Thor named
Jeff Tryka to the newly created position of Director of Corporate Development
and Investor Relations. In this role, Mr. Tryka will be responsible for all
interactions with the investment community, including meetings with existing
shareholders and potential investors, presentations at investor conferences
and incoming inquiries from institutional and individual investors.Mr. Tryka
will report directly to Bob Martin, Thor President and Chief Executive
Mr. Tryka, 43, has been involved in the RV industry for more than a decade,
first as an equity analyst in the late 1990s and later as Director of Investor
Relations at Coachmen Industries, Inc. He has been serving in the Investor
Relations function at Thor on a consulting basis since October 2012. Mr.
Tryka holds the Chartered Financial Analyst (CFA) designation and earned an
MBA in Finance from the Kelley School of Business at Indiana University and a
bachelor's degree in Accounting from Bucknell University.
About Thor Industries, Inc.
Thor is the sole owner of operating subsidiaries that, combined, represent one
of the world's largest manufacturers of recreational 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 (the
"Exchange Act"). 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, price fluctuations, material or chassis supply restrictions,
legislative and regulatory developments, the costs of compliance with
increased governmental regulation, legal issues, the potential impact of
increased tax burdens on our dealers and retail consumers, lower consumer
confidence and the level of discretionary consumer spending, the level of
state and federal funding available for transportation, interest rate
increases, restrictive lending practices, recent management changes, the
success of new product introductions, the pace of acquisitions, asset
impairment charges, cost structure improvements, competition and general
economic conditions and the other risks and uncertainties discussed more fully
in Item 1A of our Annual Report on Form 10-K for the year ended July 31, 2012
and Part II, Item 1A of our Quarterly Report on Form 10-Q for the period ended
April 30, 2013. We disclaim 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 our 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.
SOURCE Thor Industries, Inc.
Contact: Jeffery A. Tryka, CFA, Director of Corporate Development and Investor
Relations, (574) 970-7912, firstname.lastname@example.org
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