Business Context and Reporting Period
This Form 8-K Current Report was filed by Polaris Industries Inc. on February 21, 2006. The filing addresses a corporate governance matter regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to a disclosure of personnel changes and does not contain financial performance data.
Material Changes
The material change disclosed is the departure of a director. William E. Fruhan, Jr. has informed the Company of his intention to conclude his service on the Board of Directors. His departure will be effective upon the election of directors and adjournment of the 2006 Annual Meeting of Shareholders, scheduled for April 20, 2006.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on operations, risks, contingencies, or unusual items. Mr. Fruhan, 62, has served as a director since 2000 and currently chairs the Compensation Committee while serving on the Audit Committee and the Corporate Governance and Nominating Committee.
Key Facts for Investor Verification
- William E. Fruhan, Jr. is resigning from the Board of Directors effective April 20, 2006.
- Mr. Fruhan currently chairs the Compensation Committee and serves on the Audit and Corporate Governance committees.
- The resignation is voluntary and was communicated on February 21, 2006.
- No financial data or operational guidance is included in this specific filing.