UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): July 22, 2015
POLARIS INDUSTRIES INC.
(Exact
name of Registrant as specified in its charter)
|
Minnesota |
1-11411 |
41-1790959 |
|
(State of Incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
2100 Highway 55
Medina, Minnesota 55340
(Address of
principal executive offices)
(Zip Code)
(763) 542-0500
(Registrant’s
telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 22, 2015 the Board of Directors (the “Board”) of Polaris Industries Inc. (the “Company”) elected Gwenne A. Henricks as a Class II director, effective as of July 22, 2015, filling a vacancy created by the expansion of the size of the Board from eight to nine members. Ms. Henricks was also appointed to serve on the Audit Committee and the Technology Committee of the Board. As a non-employee director, Ms. Hendricks will be eligible to receive director and committee fees, participate in the Polaris Industries Inc. Deferred Compensation Plan for Directors, receive grants under the Polaris Industries Inc. 2007 Omnibus Incentive Plan and use Company products, all as described under the caption “Director Compensation” in the Company’s proxy statement for its 2015 Annual Meeting of Shareholders, which was filed with the Securities and Exchange Commission on March 13, 2015.
A copy of the press release issued by the Company on July 23, 2015, announcing the election of Ms. Henricks as a director, is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press Release dated July 23, 2015 of Polaris Industries Inc.
SIGNATURE
Pursuant to
the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
| Date: |
July 23, 2015 |
|
| POLARIS INDUSTRIES INC. | ||
|
/s/ Stacy L. Bogart |
||
|
Stacy L. Bogart |
||
|
Vice President – General Counsel and Secretary |
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EXHIBIT INDEX
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99.1 |
Press Release dated July 23, 2015 of Polaris Industries Inc. |
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Exhibit 99.1
CONTACT:
Polaris Industries Inc.
Marlys Knutson,
763-542-0533
marlys.knutson@polaris.com
Gwenne Henricks Appointed to Polaris Industries Inc. Board of Directors
MINNEAPOLIS--(BUSINESS WIRE)--July 23, 2015--Polaris Industries Inc. (NYSE: PII) appointed Gwenne Henricks to the Company’s Board of Directors on July 22, 2015. Ms. Henricks is Vice President of Product Development & Global Technology and Chief Technology Officer for Caterpillar Inc. Ms. Henricks joined Caterpillar in 1981, and during her thirty-four year career she has held numerous engineering and executive roles progressing in scope and complexity.
“We are very pleased to welcome Gwenne to our Board,” said Polaris Chairman and CEO Scott Wine. “During her exceptional career with Caterpillar, she has developed and mastered a range of skills that will be extremely valuable to Polaris’ ambitious global growth efforts. As technology integration becomes an increasingly important differentiator for many of our products, Gwenne’s background developing customer-vehicle interface software is very much in line with our efforts to create a connected rider. Gwenne also has experience building a global research and development organization, which aligns closely with our efforts to identify and meet the needs of underserved markets as we expand internationally. Gwenne’s counsel and guidance will be instrumental as we continue to strengthen and grow the Polaris brand.”
Ms. Henricks holds a B.S. in physics and Master of Science degree in electrical engineering, both from Bradley University. She also earned an M.B.A. from the University of Illinois. She serves on the Bradley University Engineering Advisory Committee, the South Dakota School of Mines & Technology Advisory Council, and the Conference Board’s Product and Services Development Council.
About Polaris®
Polaris is a recognized leader in the powersports industry with annual 2014 sales of $4.5 billion. Polaris designs, engineers, manufactures and markets innovative, high quality off-road consumer and military vehicles, including all-terrain vehicles (ATVs) and the Polaris RANGER® and RZR® side-by-side vehicles, snowmobiles, motorcycles and on-road electric/hybrid powered 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® and Slingshot® brands. Additionally, Polaris continues to invest in the global Work and Transportation 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 Engineered Parts, Accessories and Apparel, Klim branded apparel and ORV accessories under the Kolpin®, Cycle Country® and Pro Armor® brands.
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.