polaris names scott wine new chief executive officer
Amsnow
Minneapolis, Minn., August 4, 2008 - Today, Polaris Industries Inc. named Scott W. Wine Chief Executive Officer, effective September 1, 2008. Mr. Wine will succeed outgoing CEO Thomas C. Tiller, who will continue to serve as a member of the company's Board of Directors.
Wine's selection comes at the end of an extensive and carefully conducted search process. The Polaris Board of Directors, led by Chairman Greg Palen, conducted a comprehensive evaluation of all candidates and unanimously believes that Wine is the ideal candidate to lead Polaris in the future.
Mr. Wine is a proven leader with considerable experience across a number of industries, he has worked for a variety of outstanding international companies compiling an impressive track record of outstanding results.
Since 2007, Mr. Wine served as President, Fire Safety Americas, a division of UTC Fire & Security in Farmington, Conn. Wine led more than 3,600 employees in seven operating companies and drove growth and productivity through acquisitions, new product development and operational excellence.
Wine also spent 5 years with Danaher Corp. of Washington, D.C., serving as President of its Jacob Vehicle Systems and Veeder-Root subsidiaries and Vice President and General Manager, Manufacturing Programs in Europe.
Wine has also held a number of operations and executive positions, both international and domestic, with Allied Signal Corp.'s, Aerospace Division, which became Honeywell International after a 1999 merger with Honeywell, Inc. While there, Wine was responsible for the division's international operations and during his tenure the business grew significantly in the Middle East and Eastern Europe.
Wine began his career as a naval officer after graduating from the U.S. Naval Academy in 1989, serving as a supply officer on the USS Lewis B. Puller before accepting an assignment at the Pentagon in 1993.
Wine and his wife, Jill, have two sons, aged 8 and 4. An outdoorsman, he has been an avid motorcycle, ATV and snowmobile rider since childhood.
Mr. Wine will be only the third Polaris CEO in the past 27 years and will work with a senior management team that includes Chairman Palen and President and COO Bennett Morgan to execute on the 10-year vision to become a much bigger and more profitable global company. Mr. Wine will join the Board of Directors of Polaris.