MINNEAPOLIS, MN – October 25, 2013 – Polaris Industries Inc. (NYSE: PII)
today appointed Kevin Farr to the Company’s Board of Directors. Mr.
Farr is the Executive Vice President and Chief Financial Officer for
Mattel, Inc., the worldwide leader in the design, manufacture and
marketing of toys and family products. At Mattel, Mr. Farr is
responsible for the finances of a $6.4
billion global business. He also plays integral roles in corporate
strategic planning and development, including mergers and acquisitions,
as well as corporate communications and government affairs.
“We are excited for Kevin Farr to bring his unique blend of financial
acumen, business development and corporate strategy experience to our
Board of Directors,” said Polaris Chairman and CEO Scott Wine. “Kevin
honed these skills while managing critical elements of Mattel’s global
consumer product business, particularly financial operations. He will
provide invaluable oversight as we continue to strengthen and grow
Polaris as a global brand.”
Prior to his time at Mattel, Mr. Farr worked for 10 years as a senior manager at PricewaterhouseCoopers International.
Mr. Farr is a Certified Public Account and holds a B.S. in Accounting
from Michigan State. He also earned an M.B.A. in Finance and Marketing
from the prestigious Kellogg Graduate School of Management at
Northwestern University. He serves on the Corporate Advisory Board of
the Marshall School of Business at the University of Southern California
and is active in a number of professional organizations, including the
American Institute of CPAs and the California Society of CPAs.
About Polaris
Polaris is a recognized leader in the powersports industry with
annual 2012 sales of $3.2 billion. Polaris designs, engineers,
manufactures and markets innovative, high quality off-road vehicles,
including all-terrain vehicles (ATVs) and the Polaris RANGER® and RZR® side-by-side vehicles, snowmobiles, motorcycles and small vehicles.
Polaris is among the global sales leaders for both snowmobiles and
off-road vehicles and has established a presence in the heavyweight
cruiser and touring motorcycle market with the Victory and Indian
motorcycle brands. Additionally, Polaris continues to invest in the
global on-road small vehicle industry with Global Electric Motorcars
(GEM), Goupil Industrie SA, Aixam Mega S.A.S., and internally developed
vehicles. Polaris enhances the riding experience with a complete line of
Polaris and KLIM branded apparel and Polaris accessories and parts.
Polaris Industries Inc. trades on the New York Stock Exchange under
the symbol “PII”, and the Company is included in the S&P Mid-Cap 400
stock price index.
Information about the complete line of Polaris products, apparel and
vehicle accessories are available from authorized Polaris dealers or
anytime at www.polaris.com.
By press release
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