MEDINA, Minn., July
26, 2007 - Polaris Industries Inc. (NYSE: PII) today announced
the appointment of John P. Wiehoff to the Company’s Board of
Directors effective July 26, 2007.
Mr. John Wiehoff, 45, is
the chief executive officer of C.H. Robinson, a global provider of
multimodal transportation services and logistics solutions. He has
also been a director of C.H. Robinson since December 2001. Prior to
being appointed CEO in 2002, Mr. Wiehoff was the President of C.H.
Robinson beginning in 1999. Other positions held at the Company
include vice president and chief financial officer, treasurer and
corporate controller. Prior to joining the company in 1992, Mr.
Wiehoff was employed by Arthur Andersen LLP. Mr. Wiehoff also serves
on the Board of Directors of Donaldson Company, Inc., a leading
worldwide provider of filtration systems and replacement parts. Mr.
Wiehoff holds a Bachelor of Science degree from St. John’s
University.
“We are pleased to
welcome John to our board,” said Greg Palen, Chairman of the Polaris
Board of Directors. “His leadership and extensive financial and
business experience in managing a successful global company will
nicely complement the many and varied talents we currently have on
the Polaris Board.”
With the appointment of
Mr. Wiehoff, the Polaris Board of Directors now has a total of nine
members. Mr. Wiehoff will also serve as a member of the Audit
Committee of the Board of Directors and will stand for re-election
to the Board of Directors at its 2008 Annual Meeting of
Shareholders.
With annual 2006 sales of
$1.7 Billion, Polaris designs, engineers, manufactures and markets
snowmobiles, all-terrain vehicles (ATVs), Victory motorcycles and
the Polaris RANGER for recreational and utility use.
Polaris is a recognized
leader in the snowmobile industry; and one of the largest
manufacturers of ATVs in the world. Victory motorcycles, established
in 1998 and representing the first all-new American-made motorcycle
from a major company in nearly 60 years, are rapidly making
impressive in-roads into the motorcycle cruiser marketplace. Polaris
also enhances the riding experience with a complete line of Pure
Polaris apparel, accessories and parts, available at Polaris
dealerships.
Polaris Industries Inc.
trades on the New York Stock Exchange under the symbol “PII,” and
the Company is included in the S&P Small-Cap 600 stock price index.
Information about the
complete line of Polaris products, apparel and vehicle accessories
is available from authorized Polaris dealers or anytime from the
Polaris homepage at
www.polarisindustries.com.
Contact:
Richard Edwards
Polaris Industries Inc.
763-542-0500
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