Two Thor executives were awarded cash bonuses for their role and efforts in the company’s acquisition of Jayco, according to a filing with the U.S. Securities Exchange Commission.
Senior Vice President and Chief Financial Officer Colleen Zuhl, along with W. Todd Woelfer, Thor senior vice president, general counsel and corporate secretary, each received a discretionary cash bonus of $75,000 "in recognition of their efforts related to the deal announced by Thor last month," according to the document.
Both Zuhl’s and Woelfer’s annual base salaries, cash performance-based incentive awards, and equity performance-based incentive awards remain the same, the document stated.