Vice Chairman Peter B. Orthwein Appointed Interim Chairman, President, and Chief Executive Officer
10 Novembre 2009 - 7:48PM
PR Newswire (US)
JACKSON CENTER, Ohio, Nov. 10 /PRNewswire-FirstCall/ -- 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 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. DATASOURCE: Thor
Industries, Inc. CONTACT: Peter B. Orthwein or Richard E. Riegel,
III, +1-937-596-6849
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