Attached files
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8-K - FORM 8-K - THOR INDUSTRIES INC | l38054e8vk.htm |
Exhibit 99.1
419 WEST PIKE STREET P.O. BOX 629 JACKSON CENTER, OHIO 45334-0629
PHONE 937-596-6849 FAX 937-596-6539
NEWS RELEASE
Date:
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November 10, 2009 | |
Contact:
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Peter B. Orthwein or Richard E. Riegel, III |
VICE CHAIRMAN PETER B. ORTHWEIN APPOINTED INTERIM CHAIRMAN, PRESIDENT, AND CHIEF EXECUTIVE OFFICER.
Thor Industries, Inc. (NYSE:THO) announced today that Wade F. B. Thompson is ill and has
relinquished his duties as Chairman of the Board, President, and Chief Executive Officer.
Effective immediately, Peter B. Orthwein, Vice Chairman, co-founder, and a director of Thor, has
been appointed interim Chairman of the Board, President, and Chief Executive Officer. Mr.
Orthwein, age 64, has served as a director of Thor since its founding in 1980 and Vice Chairman
since 1986.
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 SECs 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 Companys 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 Companys 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.