Thor Announces Results Of Annual Meeting Of Stockholders
JACKSON CENTER, Ohio, Dec. 17, 2012 /PRNewswire/ -- Thor Industries, Inc. (NYSE: THO) today announced the results of voting at its annual meeting of stockholders held on December 11, 2012. At the meeting, nearly 91% of the eligible votes were cast in person or by proxy for the election of three directors, the ratification of Thor's Independent Registered Public Accounting Firm and the advisory vote on executive compensation.
Based on the votes cast, on Proposal 1, 98.8% voted for the election of Andrew E. Graves as director, 97.5% voted for the election of Alan Siegel as director and 98.5% voted for Geoffrey A. Thompson as director. On Proposal 2, the ratification of Thor's Independent Registered Public Accounting Firm, 96.8% of votes were cast for the proposal. On Proposal 3, the Advisory Vote to Approve the Compensation of Thor's Named Executive Officers, 98.1% of votes were cast for the proposal.
Thor is the sole owner of operating subsidiaries that, combined, represent the world's largest manufacturer of recreation vehicles and is a major builder of commercial buses and ambulances.
This release includes certain statements that are "forward looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward looking statements involve uncertainties and risks. There can be no assurance that actual results will not differ from our expectations. Factors which could cause materially different results include, among others, price fluctuations, material or chassis supply restrictions, legislative and regulatory developments, the costs of compliance with increased governmental regulation, legal issues, the potential impact of increased tax burdens on our dealers and retail consumers, lower consumer confidence and the level of discretionary consumer spending, interest rate increases, restrictive lending practices, recent management changes, the success of new product introductions, the pace of acquisitions, cost structure improvements, competition and general economic conditions and the other risks and uncertainties discussed more fully in Item 1A of our Annual Report on Form 10-K for the year ended July 31, 2012 and Part II, Item 1A of our Quarterly Report on Form 10-Q for the period ended October 31, 2012. We disclaim any obligation or undertaking to disseminate any updates or revisions to any forward looking statements contained in this release or to reflect any change in our expectations after the date of this release or any change in events, conditions or circumstances on which any statement is based except as required by law.
SOURCE Thor Industries, Inc.