Polaris Inc. (NYSE: PII) announced that Michael Speetzen has been named main executive officer and appointed to the Firm’s Board of Directors and that Bob Mack has been named executive vice president and chief financial officer. Speetzen and Mack have been serving as interim CEO and interim CFO, respectively, due to the fact January.

“Mike is a tested and very highly regarded leader inside of Polaris and across the powersports industry. His robust eyesight and deep knowledge of the company gives us terrific self esteem in his ability to even further create on Polaris’ legacy of innovation and growth,” stated John Wiehoff, chair of Polaris’ Board of Directors. “In his 6 many years with the Enterprise and as interim CEO, Mike has consistently shown his capacity to inspire our staff, build potent stakeholder interactions and generate strategic execution. We are psyched about Polaris’ following chapter of achievements and worth generation below Mike’s management.”

“Polaris is an outstanding organization, and just one that I have been privileged to be a element of for the past six a long time. I am honored and really humbled to lead Polaris’ remarkable staff,” Speetzen commented. “As our effects about the previous 12 months present, Polaris has tremendous options as the undisputed chief in the powersports industry. I glance ahead to the ongoing partnership with Polaris’ proficient senior management staff, like Bob in his purpose as CFO, as we carry on building on our momentum and absolutely capitalizing on the booming curiosity in out of doors recreation.”

Speetzen continued, “Bob is a outcomes-pushed chief who was integral in increasing Polaris’ role as an business leader by means of strategic M&A activity and his leadership of our International Adjacent Marketplaces and Boats functions. Though serving as interim CFO, Bob has been a trusted advisor and associate whose financial acumen and breadth of expertise make him well-suited to continue on advancing our economical method as CFO.” 

“I am thrilled to proceed serving as CFO and chief of our finance corporation at these a impressive time for Polaris and the powersports marketplace as a whole,” mentioned Mack. “I look forward to the ongoing partnership with Mike and our business enterprise leaders to speed up advancement, develop on Polaris’ strong economical foundation and produce value to our shareholders.” 

With guidance from a deep roster of leaders, Mack will carry on to oversee the Corporate Development and World Adjacent Markets groups as Polaris’ chief financial officer and executive vice president of Finance & Company Enhancement and president of World-wide Adjacent Marketplaces.

About Michael Speetzen

Speetzen joined Polaris in August 2015 as executive vice president, Finance and Chief Money Officer. Prior to joining Polaris, Speetzen was senior vice president and CFO of Xylem, Inc. considering that 2011, when the Corporation was fashioned from the spinoff of the water companies of ITT Corporation. He joined ITT in 2009. Speetzen was responsible for the fiscal setting up, accounting, controls, treasury, M&A action, trader relations and technique of Xylem Inc. Prior to becoming a member of ITT, he served as government vice president and CFO for the StandardAero Business owned by the non-public equity firm Dubai Aerospace Company. Beforehand, he held positions of expanding obligation in the finance capabilities at Honeywell and Typical Electric powered. Speetzen at the moment serves on the Board of Administrators of Pentair. Speetzen acquired his Master of Enterprise Administration from Thunderbird Faculty of Global Management at Arizona State College and his bachelor’s degree in administration from Purdue.

About Bob Mack

Mack joined Polaris in April 2016 as senior vice president of Company Growth and Strategy, and president of Adjacent Markets. Prior to signing up for Polaris, Mack was vice president, Corporate Development for Ingersoll Rand. In that part he had international duty for its acquisition and divestiture things to do. With Ingersoll Rand for 20 a long time, Mack held a wide range of sales, economic, M&A, and operational positions with the Company. Mack now serves on the Board of Directors of West Marine and is chairman of the Audit Committee. He gained his Master of Company Administration from Duke University and his Bachelor of Small business Administration from Siena College, and is a qualified general public accountant (inactive).