With a month remaining in what must be a banner year for Thor Industries and CEO/president Bob Martin, Forbes placed Thor CEO and President Bob Martin at No. 21 on its “Businessperson of the Year” list.
For Martin and Thor, 2016 has been a year of climbing income reports, expansions among its owned companies, such as Airstream and Dutchmen (among others), and the $576 million acquisition of Middlebury, Ind.-based manufacturer Jayco Corp.
In August this year, Martin joined Thor Co-Founder Peter Orthwein and other Thor execs on Wall Street to ring the opening bell at the New York Stock Exchange.
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“It’s not just Baby Boomers taking to the road in recreational vehicles these days. Millennials are climbing aboard the trend and RV-maker Thor is cashing in. Profits have accelerated a cumulative 68% since Martin took the helm in 2013 and margins have steadily improved,” the magazine wrote, honoring Martin.