He Served as VP-Finance and Chief Financial Officer During Period
of Significant Growth
MEDINA, Minn.--(BUSINESS WIRE)--
Polaris Industries Inc. recently inducted two outstanding dealers and
retired company executive Mike Malone into the Polaris Hall of Fame
during a ceremony at the Polaris National Sales Meeting held in
Nashville.
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From Left to Right: Tim Larson, SVP, Global Customer Excellence, Colleen Malone, Mike Malone, Retired VP, CFO, Scott Wine, Chairman and CEO, Katie Malone and Dan Malone.
The Polaris Hall of Fame was established in 2004 during the company’s
50th anniversary. Retired employees and Polaris dealers are among those
recognized for their roles in the company’s growth and success. Inducted
along with Malone into the Polaris Hall of Fame today were two Polaris
dealerships, Valley ATV of Danville, Ohio, and Teixeira’s Polaris of
Hyde Park, N.Y.
“We are honored to pay tribute to special individuals like Mike and the
outstanding dealers that were inducted this year into the Polaris Hall
of Fame,” said Polaris CEO Scott Wine. “Their dedication and commitment
have been instrumental in the company’s continued growth and long-term
success.”
Malone joined Polaris in 1984 as Accounting Manager, and in 1993 he was
named Vice President and Treasurer. Four years later he became Vice
President-Finance and Chief Financial Officer (CFO), titles he held
until his retirement in 2015. For most of his 30-plus years with
Polaris, he led the talented team that oversaw the company’s finances,
and he served as the fiscal conscience as Polaris grew to become a
global leader in the powersports industry.
Malone helped Polaris evolve from being primarily a snowmobile
manufacturer with limited seasonal cash flow into a diversified
manufacturer of on- and off-road vehicles with brands that are popular
with riders worldwide. With Mike overseeing financial concerns, Polaris
successfully converted to dealer-direct distribution in North America,
and the company greatly expanded its manufacturing and distribution
facilities and capabilities in North America and internationally.
The other 2016 Polaris Hall of Fame inductees are:
-
Valley ATV in Danville, Ohio, is a leading Polaris off-road
vehicle (ORV) dealer because of the dedication and commitment of owner
Paul Staats, his wife (and dealership office manager) Mary Lou, and
their hard-working staff. The Staats were dairy farmers before opening
the Polaris dealership on their farm in 1994. Their incredible work
ethic, fair and honest business practices, and outstanding customer
service have fueled the continued growth and prolonged success of the
dealership.
-
Teixeira’s Polaris became a Polaris dealer in 1995, when Paul
Teixeira converted the family’s Hyde Park, N.Y., service station into
a dealership. Through the commitment of Teixeira, his wife Pam (the
dealership office manager), and their loyal staff, the dealership has
grown and expanded steadily.
Carrying the full complement of Polaris off-road products and delivering
exceptional vehicle and customer service, Teixeira’s Polaris has become
a stellar Polaris dealership and valuable community asset.
Photo Caption: From Left to Right
Tim Larson, SVP, Global
Customer Excellence, Colleen Malone, Mike Malone, Retired VP, CFO, Scott
Wine, Chairman and CEO, Katie Malone and Dan Malone.
About Polaris
Polaris Industries Inc. (NYSE: PII) is a
global powersports leader with annual 2015 sales of $4.7 billion.
Polaris fuels the passion of riders, workers and outdoor enthusiasts
with our RANGER®, RZR® and POLARIS
GENERAL™ side-by-side off-road vehicles; our SPORTSMAN® and
POLARIS ACE® all-terrain off-road vehicles; VICTORY®
and INDIAN MOTORCYCLE® midsize and heavyweight motorcycles;
SLINGSHOT® moto-roadsters; and Polaris RMK®, INDY®,
SWITCHBACK® and RUSH® snowmobiles. Polaris
enhances the riding experience with parts, garments and accessories sold
under multiple recognizable brands, and has a growing presence in
adjacent markets globally with products including military and
commercial off-road vehicles, quadricycles, and electric vehicles. www.polaris.com
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Source: Polaris Industries Inc.