18.04.2007 07:00:00
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Polaris Announces Senior Leadership Appointments Strengthening the Company's International Division
MEDINA, Minnesota, April 18 /PRNewswire/ --
- Truls Tvete Accepts Position as General Manager of International Operations; Mark Blackwell Continues as Vice President of Victory Motorcycles and International Operations
Polaris Industries Inc.(NYSE: PII) today reaffirmed its commitment to growing its international business by appointing Truls Tvete to the position of general manager of the company's International division. Tvete will report to Mark Blackwell initially, who will continue as vice president of Victory Motorcycles and International Operations. The appointments of several members to the international management team are also effective immediately.
Mark Blackwell will continue to oversee the international division as vice president of Victory Motorcycles and International Operations but will focus more of his time on growing Victory Motorcycles. Blackwell joined Polaris in 2000 as general manager of Victory Motorcycles. "With more than 30 years of progressive experience in the powersports industry and proven success in managing expansion to international markets, Mark is an invaluable asset to Polaris and will continue to take a leadership role in driving international growth," said chief executive officer, Polaris Industries, Tom Tiller. "Mark will work with Truls over the next 12 to 18 months to ensure a smooth transition of responsibilities."
Truls Tvete, promoted to general manager of International Operations, began his career with Polaris as general manager of Polaris Scandinavia and brings a strong background in international business to his new position. As general manager of International Operations, Truls will assume full responsibility for the International division including aggressively pursuing growth opportunities and managing relationships with subsidiaries and distributors around the world. "Truls has been a key contributor in growing our international business since he joined Polaris in 2002," said Tiller. "He quickly developed Polaris Scandinavia into a successful, smooth-running organization and built alliances with distributors and their dealers throughout Europe. We're confident Truls is the leader for this important position and that he will use his track record of success to propel our international business to the next level."
The following leadership team will support Blackwell and Tvete in the International Operations division:
Rene Basei will continue his role as general manager for Southern Europe. In this role, Basei manages Polaris France and is responsible for building and maintaining relationships with distributors in southern Europe including key markets in Spain, Portugal, Greece, Italy, Turkey, the Middle East and Africa.
Einar Wangen has been promoted to the role of general manager of Northern Europe. In this role, Wangen will be responsible for managing Polaris Scandinavia and building fruitful alliances with distributors and their dealers in Germany, Finland, Russia, Denmark and Iceland. Previously, Wangen served as regional sales manager for Polaris Scandinavia.
Sean Bagan has accepted a new role as international projects manager. Bagan will be primarily responsible for managing a number of critical projects as Polaris prepares its international business for the next level of growth. Bagan spent the past year and a half as the general manager of Polaris Britain Ltd.
Ross Clifford will join Polaris in May as the general manager for Polaris Britain Ltd., replacing Bagan. In this position, Clifford will be responsible for managing Polaris Britain Ltd., focusing on subsidiary profitability, dealer network improvements and achieving increased market share throughout Britain, Wales, Northern Ireland and Scotland.
Peter Alexander will continue as the general manager for Polaris Australia. Peter joined Polaris in 2004 and is responsible for leading the Australia and New Zealand teams. During his time at Polaris, he has developed an energized and focused team, dramatically improved his territory's dealer network, brand position, market share and profitability of Polaris' business.
Marc Tullemans will continue as the International Operations Manager based in Medina, Minnesota. Marc joined Polaris in 2001 and is responsible for overseeing logistics on a global basis, driving consistent marketing and retail development processes, developing distributor business for Latin America, India and Asia/Pacific and managing the international staff based in Medina. During his time with Polaris, Marc has been instrumental in the development and introduction of industry leading products and growing the international business.
"We are excited about the passion and expertise these leadership changes bring to our international business," said Tiller. "We are poised for significant growth on a global scale in the coming years."
About Polaris
With annual 2006 sales of US$1.7 Billion, Polaris designs, engineers, manufactures and markets snowmobiles, all-terrain vehicles (ATVs), Victory motorcycles and the Polaris RANGER for recreational and utility use.
Polaris is a recognized leader in the snowmobile industry; and one of the largest manufacturers of ATVs in the world. Victory motorcycles, established in 1998 and representing the first all new American-made motorcycle from a major company in nearly 60 years, are rapidly making impressive in-roads into the motorcycle cruiser marketplace. Polaris also enhances the riding experience with a complete line of Pure Polaris apparel, accessories and parts, available at Polaris dealerships.
Polaris Industries Inc. trades on the New York Stock Exchange under the symbol "PII," and the Company is included in the S&P Small-Cap 600 stock price index.
Information about the complete line of Polaris products, apparel and vehicle accessories is available from authorized Polaris dealers or anytime from the Polaris homepage at http://www.polarisindustries.com .
Web site: http://www.polarisindustries.com
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