Wade F. B. Thompson Co-Founder, Chairman, President and CEO Loses 14 Year Battle With Cancer
13 Novembre 2009 - 6:06PM
PR Newswire (US)
JACKSON CENTER, Ohio, Nov. 13 /PRNewswire-FirstCall/ -- The Board
of Directors of Thor Industries, Inc. (NYSE:THO) announced today
that its co-founder, chairman, president and CEO, Wade F. B.
Thompson, died yesterday after a 14 year battle with five cancers.
Mr. Thompson was 69 years old. (Photo:
http://www.newscom.com/cgi-bin/prnh/20091113/NY10933 ) Mr. Thompson
founded Thor in 1980 with Peter B. Orthwein, Thor vice-chairman,
with the acquisition of Airstream, the renowned travel trailer
builder. Thompson turned Airstream around from a $12 million annual
loss immediately prior to purchase to a $1 million profit in its
first year. Thor went public on January 11, 1984 and was listed on
the New York Stock Exchange on August 29, 1986, six years to the
day after its founding. Wade Thompson always said that his major
business legacy was not only helping build Thor into the leading
manufacturer of recreation vehicles and buses, but Thor's record of
never losing money which is believed to be unique in these two
industries. Even during fiscal 2009, a year of world-wide recession
and a depression in the RV industry, Thor made money. Wade Thompson
devoted his last decade to helping find a cure for cancer. He
founded the Drive Against Prostate Cancer in 2000. The Drive,
consisting of two Airstream mobile medical vehicles, has given over
101,000 free prostate cancer screenings to men, particularly the
under-served and veterans. About 5% of the men have an abnormality
and The Drive has saved about 5,000 lives due to early detection.
He was a major contributor to Zero - The Project to End Prostate
Cancer, the Prostate Cancer Foundation, Cancer Research Institute,
and actively financed clinical trials for melanoma and colon cancer
in Australia, New Zealand, and the United States. Wade Thompson was
also deeply dedicated to the arts, historic preservation and
conservation. He was the founder and chairman of the Seventh
Regiment Armory Conservancy whose mission is to restore and
revitalize the historic Park Avenue Armory at 66th Street in
Manhattan into a world class venue for the performing and visual
arts. The Armory's 60,000 sq. ft., seven story high Drill Hall is
named in his honor. He was a major supporter of Central Park
Conservancy, the Municipal Art Society, and Mystic Seaport Museum.
His other interests were tennis and collecting contemporary art. He
is survived by his devoted wife of 42 years, Angela, his children,
Charles A. Y. Thompson and Amanda Jane Thompson Riegel, his
daughter-in-law, Olya A.Y. Thompson, son-in-law Richard E. Riegel
III, and six grandchildren.
http://www.newscom.com/cgi-bin/prnh/20091113/NY10933
http://photoarchive.ap.org/ DATASOURCE: Thor Industries, Inc.
CONTACT: Peter B. Orthwein, +1-203-661-1333, or Richard E. Riegel,
III, +1-212-370-1570
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