Thor Industries Inc. today (June 10) announced that current President and COO Bob Martin has been appointed CEO and was also selected to serve on the Elkhart, Ind.-based company’s board. Both moves are effective Aug. 1.
According to a news release, Martin, 43, is succeeding Peter B. Orthwein, who will remain executive chairman of the board.
A 19-year industry executive, Martin has served in a variety of leadership roles at Thor, including president of Keystone RV Co., Thor’s largest subsidiary, as well as RV senior group president and most recently as president and COO. All RV presidents and the Bus Group president will continue reporting directly to Martin in his new role.
“I am pleased to pass on the leadership of Thor to Bob Martin, someone who has a proven track record with both our company and the RV industry,” said Orthwein. “This transition marks a significant, positive step in our succession plan and I have confidence in the solid management team we have developed over the past several years. We now have excellent depth of talent across our senior management, and I am convinced that Bob’s strong relationships with dealers and demonstrated ability make him the right person to lead Thor to the next level of growth, performance and profitability.”