Interim period is over and Michael Speetzen has been named CEO and appointed to Polaris’ Board of Directors while Bob Mack has been named executive VP and chief financial officer. Speetzen and Mack have been serving as interim CEO and interim CFO, respectively, since January. “Mike is a proven and highly respected leader within Polaris and across the powersports industry,” said John Wiehoff, chair of Polaris’ Board of Directors.
"His strong vision and deep understanding of the business gives us great confidence in his ability to further build on Polaris’ legacy of innovation and growth. In his six years with the company and as interim CEO, Mike has consistently demonstrated his ability to inspire our team, build strong stakeholder relationships and drive strategic execution. We are excited about Polaris’ next chapter of success and value creation under Mike’s leadership.”
Speetzen adds, “Polaris is an incredible organization, and one that I have been privileged to be a part of for the last six years. I am honored and truly humbled to lead Polaris’ outstanding team. As our results over the past year show, Polaris has tremendous opportunities as the undisputed leader in the powersports industry. I look forward to the continued partnership with Polaris’ talented senior leadership team, including Bob in his role as CFO, as we continue building on our momentum and fully capitalizing on the booming interest in outdoor recreation.”
“Bob is a results-driven leader who was integral in expanding Polaris’ role as an industry leader through strategic M&A activity and his leadership of our Global Adjacent Markets and Boats operations. While serving as interim CFO, Bob has been a trusted advisor and partner whose financial acumen and breadth of experience make him well-suited to continue advancing our financial strategy as CFO.”
“I am thrilled to continue serving as CFO and leader of our finance organization at such a remarkable time for Polaris and the powersports industry as a whole,” Mack added. “I look forward to the ongoing partnership with Mike and our business leaders to accelerate growth, build on Polaris’ strong financial foundation and deliver value to our shareholders.” With support from a deep roster of leaders, Mack will continue to oversee Polaris’ Corporate Development and Global Adjacent Markets teams.