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Polaris Declares Increase in Cash Dividend
January 28, 2021 GMT
MINNEAPOLIS (BUSINESS WIRE) Jan 28, 2021
Polaris Inc. (NYSE:PII) announced today that its Board of Directors approved a 2% percent increase in the regular quarterly cash dividend, raising the payout to $0.63 per share. This increase represents the 26 th consecutive year of Polaris increasing its dividend effective with the 2021 first quarter dividend. The first quarter dividend will be payable on March 15, 2021 to shareholders of record at the close of business on March 1, 2021.
“Over the last year, the Polaris team once again proved that they are the best in Powersports. Rooted in our unwavering commitment to our customers, we continued to deliver innovative products, while executing on our operational excellence initiatives, to generate more than $1 billion in cash flow in 2020,” commented Mike Speetzen, Polaris’ I
John Wiehoff Appointed Board Chair
Bob Mack Appointed Interim Chief Financial Officer
MINNEAPOLIS–(BUSINESS WIRE)–Polaris Inc. (NYSE: PII) today announced its Board of Directors appointed Michael Speetzen, Polaris’ executive vice president and Chief Financial Officer, to serve as interim Chief Executive Officer. John Wiehoff, the Company’s Lead Independent Director, has been appointed Chair of the Board; and Bob Mack, Polaris’ senior vice president of Corporate Development & Strategy and president of Global Adjacent Markets and Boats, has been appointed interim Chief Financial Officer. Each of these appointments will be effective January 1, 2021 and follow the previously announced departure of Chairman and CEO Scott Wine at the end of the year.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Polaris Appoints Michael Speetzen as Interim CEO
December 22, 2020 GMT
MINNEAPOLIS (BUSINESS WIRE) Dec 22, 2020
Polaris Inc. (NYSE: PII) today announced its Board of Directors appointed Michael Speetzen, Polaris’ executive vice president and Chief Financial Officer, to serve as interim Chief Executive Officer. John Wiehoff, the Company’s Lead Independent Director, has been appointed Chair of the Board; and Bob Mack, Polaris’ senior vice president of Corporate Development & Strategy and president of Global Adjacent Markets and Boats, has been appointed interim Chief Financial Officer. Each of these appointments will be effective January 1, 2021 and follow the previously announced departure of Chairman and CEO Scott Wine at the end of the year.
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