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Wolf, Scanlon Assume P&L Responsibility for Snowmobiles, Slingshot Respectively

Minneapolis, MN (March 23, 2015) – Polaris Industries Inc. (NYSE: PII) today announced that the responsibilities of retiring Vice President of Snowmobiles and Slingshot, Mike Jonikas, will be divided between two roles reporting directly to President and Chief Operating Officer Bennett Morgan. Chris Wolf, currently General Manager, Snowmobiles, will be promoted to Vice President of that business, and Craig Scanlon will fill the role of Vice President, Slingshot.

 

“Mike’s departure presents us with an opportunity to leverage our incredibly deep pool of talent and further develop two outstanding performers,” said Scott Wine, Polaris Chairman and CEO. “Expanding Chris Wolf’s role into Vice President, Snowmobiles, allows him to continue the work he and Mike did spearheading the renaissance of our Snowmobile division. And by promoting Craig Scanlon to Vice President, Slingshot, we apply the experience of one of our largest business’ chief architects toward leading a new business with substantial runway.”

 

Chris Wolf started with Polaris in 2002, rising through roles in sales, service, and product management before advancing to Director of Snowmobiles in 2011 and subsequently being promoted to General Manager, Snowmobiles in 2014. Chris graduated from the University of Illinois at Urbana-Champaign with a Bachelor’s degree in Mechanical Engineering.

 

Craig Scanlon has been with Polaris since 2004, rising through a variety of Off-Road Vehicle (ORV) line management and sales positions prior to assuming the Director, ORV Sales and Marketing role in 2010. Scanlon was further promoted to General Manager, Side-by-Side vehicles in 2012. He graduated from the University of Maryland- College Park with a Bachelor’s degree in Accounting.

 

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 is available from authorized Polaris dealers or anytime at www.polaris.com.

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