NEWS RELEASES
Thor Shareholders Take Action To Improve Leadership
Editor's Note: This news item was retrieved and first published through Thor Industries' website.
ELKHART, Ind. - Thor Industries Inc. shareholders vote to approve initiatives to address and improve corporate governance & board diversity at the Company. Shareholders voted to elect Amelia A. Huntington to the Board of Directors, marking the first female director elected to the Board by the shareholders, which followed her appointment in October. In addition, shareholders approved a proposal to declassify the Board of Directors such that each member of the Board will stand for election each year beginning with the 2019 Annual Meeting.
As stated by Peter B. Orthwein, Thor’s Executive Chairman, in a press release: “Despite her recent tenure, Amy has been a solid addition to our Board of Directors, offering different perspectives that enhance our business and our approach to managing our Company. In addition, the move to declassify our Board will help to enhance our overall governance and alignment of our Board members to our shareholders, which is a long-term goal of our Board.” On Proposal 1, approximately 88.5% of votes cast were for the election of Andrew Graves as director, approximately 89.3% of votes cast were for the election of Amelia A. Huntington as director, and approximately 88.8% of votes cast were for the election of Christopher Klein as director. On Proposal 2, the ratification of Deloitte & Touche LLP as Thor’s Independent Registered Public Accounting Firm, approximately 98.5% of votes cast were for the proposal.
To review more outcomes from the Thor board meeting, view the full press release.
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