Winnebago Industries Board of Directors Approves Quarterly Cash Dividend of $0.11 Per Share; Names New Chair of its Board of ...
March 08 2019 - 4:30PM
Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle
product manufacturer, today announced that on March 8, 2019, the
Company’s Board of Directors approved a quarterly cash dividend of
$0.11 per share, payable on April 17, 2019, to common stockholders
of record at the close of business on April 3, 2019.
The Company also today announced that David W. Miles has been
appointed Chair of the Company’s Board of Directors, effective June
16, 2019. Mr. Miles, who was elected by the independent directors
of the Company’s Board, has been a Director since December 2015,
and currently serves as Chair of the Board’s Finance Committee.
“During his time as a Director and as Chair of the Finance
Committee, Dave has consistently demonstrated strategic insight and
engaged leadership. The Board has valued these traits, as well as
his financial expertise. We are pleased to have him serve in this
new role and lead the Board during the exciting years to come for
Winnebago Industries,” said Michael Happe, President and Chief
Executive Officer.
Mr. Miles will take over from Robert M. Chiusano, who has served
as a Director since October 2008. Mr. Chiusano will remain on the
Board as a Director.
“Bob has been a tremendous asset to the Company, through his
service as a Director and Chair over a period of great
transformation for Winnebago. We have all benefitted from his
passion for our business, along with his business acumen and
significant operating experience,” commented Mr. Happe. “We
sincerely appreciate the many notable contributions under his
leadership, including the assimilation of myself as CEO and several
new Directors on the Board. The Company has created a strong
strategic vision during Bob’s tenure as Chair. We look forward to
his assistance with the Chair transition, as well as his continued
service on the Board.”
About WinnebagoWinnebago Industries, Inc.
(NYSE: WGO) is a leading U.S. manufacturer of outdoor lifestyle
products under the Winnebago, Grand Design and Chris-Craft brands,
which are used primarily in leisure travel and outdoor recreation
activities. The Company builds quality motorhomes, travel trailers,
fifth wheel products, and boats. Winnebago Industries has multiple
facilities in Iowa, Indiana, Oregon, Minnesota, and Florida. For
access to Winnebago Industries' investor relations material or to
add your name to an automatic email list for Company news releases,
visit http://investor.wgo.net.
Media Contact: Sam Jefson - Public Relations Specialist -
641-585-6803 - sjefson@wgo.net IR Contact: Steve Stuber - Investor
Relations - 952-828-8461 - srstuber@wgo.net
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