JACKSON CENTER, Ohio, Nov. 10, 2011 /PRNewswire/ -- Thor Industries, Inc. (NYSE: THO) announced today that Don Clark, President of its Dutchmen subsidiary (which also includes its Komfort and Breckenridge divisions), has decided to leave the company. "Don previously played a major role in the growth of Keystone RV and most recently led the successful turnaround of Dutchmen," said Peter Orthwein Chairman, President and CEO of Thor. "Although we are sorry to see Don leave, we are pleased that he will stay on during a transition period until his successor at Dutchmen is in place," continued Mr. Orthwein.
"Thor has been a great company to work for," stated Mr. Clark. He added, "I am thankful for the opportunities that I have been given over the years and wish Thor and the Thor dealers continued success in the future."
Thor Industries is the world's largest manufacturer of recreation vehicles and a major builder of commercial buses and ambulances.
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, fuel prices, lower consumer confidence and the level of discretionary consumer spending, interest rate increases, restrictive lending practices, increased material and component costs, recent management changes, the success of new product introductions, the pace of acquisitions, 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, 2011. 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.
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