Thor Industries Selects New CFOPosted: Updated:
Elkhart-based Thor Industries Inc. (NYSE:THO) has selected Colleen Zuhl to be chief financial officer. She is slated to begin next month and will succeed Dominic Romeo, who will continue working with the manufacturer as a consultant. September 11, 2013
ELKHART, Ind. - Thor Industries, Inc. (NYSE:THO) today announced that it has named Colleen Zuhl as Chief Financial Officer effective October 1, 2013. Mrs. Zuhl replaces Dominic Romeo, who will continue to work with Thor on a consulting basis for a variety of projects.
"We would like to thank Dom Romeo for coming out of retirement to assist us in taking significant transformative steps in a condensed time frame that set the foundation for our future growth," said Bob Martin, Thor President and Chief Executive Officer. "Dom's time with us was marked by significant successes of our Company's management team on which Dom played a key role. I personally appreciated his counsel on our strategic objectives. I also appreciate that we will have the ability to continue to work with him."
Mr. Romeo commented, "I truly enjoyed my time as CFO of Thor and am very pleased with what our management team has accomplished. I leave the position knowing that Colleen will maintain the high standards established at Thor and that the Company's experienced finance team will continue its outstanding performance."
Mr. Martin added, "We are pleased that Colleen has agreed to become our new CFO, as she has shown that her years of experience in the RV industry, her technical expertise and leadership skills make her the ideal candidate to maintain our positive momentum within the finance function. I am confident in Colleen's ability to shape the future of our finance group and provide valuable insights to our Board and senior management team."
Mrs. Zuhl, 47, joined Thor in June 2011 and has served in a variety of roles, including Vice President and Corporate Controller as well as Interim Chief Financial Officer from October 2012 through February 2013. The entire finance, accounting and internal audit functions will report to Mrs. Zuhl. Prior to her experience at Thor, Mrs. Zuhl served as Chief Financial Officer for All American Group, Inc. (formerly known as Coachmen Industries, Inc.), which was a publicly traded company. Prior to her tenure at All American Group, Mrs. Zuhl spent more than 15 years at Ernst & Young, LLP, most recently as an audit senior manager. Mrs. Zuhl is a graduate of Hillsdale College with a bachelor's degree in Accounting and Mathematics.
As the Company prepares to file its fiscal 2013 financial statements on Form 10-K, Mr. Romeo and Mrs. Zuhl will share responsibility for the filing, and both will certify the report on behalf of the Company.
In addition to Mrs. Zuhl's appointment as Chief Financial Officer, Thor named Jeff Tryka to the newly created position of Director of Corporate Development and Investor Relations. In this role, Mr. Tryka will be responsible for all interactions with the investment community, including meetings with existing shareholders and potential investors, presentations at investor conferences and incoming inquiries from institutional and individual investors. Mr. Tryka will report directly to Bob Martin, Thor President and Chief Executive Officer.
Mr. Tryka, 43, has been involved in the RV industry for more than a decade, first as an equity analyst in the late 1990s and later as Director of Investor Relations at Coachmen Industries, Inc. He has been serving in the Investor Relations function at Thor on a consulting basis since October 2012. Mr. Tryka holds the Chartered Financial Analyst (CFA) designation and earned an MBA in Finance from the Kelley School of Business at Indiana University and a bachelor's degree in Accounting from Bucknell University.
About Thor Industries, Inc.
Thor is the sole owner of operating subsidiaries that, combined, represent one of the world's largest manufacturers of recreational vehicles and a major builder of commercial buses.
Source: Thor Industries Inc.