Aram Koltookian Named President Of K.Z., Inc.

October 19, 2015

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Thor Industries, Inc. (NYSE: THO) today announced that Aram Koltookian has been named President of the Company’s K-Z, Inc. subsidiary. Koltookian has been serving as Chief Operating Officer for K-Z since May 2014, and will assume the president role from company founder Daryl Zook, who remains as Chairman of K-Z.

Thor President and Chief Executive Officer, Bob Martin commented, “The management succession at K-Z highlights the bench strength and depth of talent at Thor. Shortly after the acquisition of K-Z, we were able to transfer Aram from Dutchmen to the new subsidiary, where his talent and experience in product development and sales benefited K-Z and its dealers.”

Koltookian noted, “I am proud to be part of such a strong organization. K-Z’s more than four decades of history producing high-quality products has been the foundation of our success with dealers and consumers alike. As we look forward, we see great opportunities to build on our strengths as well as lead the industry with new and innovative products, while maintaining the values that Daryl founded the company on in 1972.”

Prior to serving as K-Z’s Chief Operating Officer, Koltookian was Executive Vice President at Dutchmen, where he helped lead the integration of Dutchmen’s operations with Keystone. Prior to Dutchmen, he was with Keystone RV, where he served in a variety of roles including product manager and general manager over the Montana, Cougar, Outback and Springdale brands. Koltookian grew up in the RV industry, starting out at his father’s RV dealership in New Hampshire before he was hired by Coachmen RV in 1994.

“Aram has been an important part of K-Z since our companies came together in May, 2014,” noted Daryl Zook, K-Z’s founder and Chairman. “Aram brought a fresh perspective to the company. As Aram takes the reins, I feel confident that he brings the right values, skills and clear vision to continue building K-Z and I know that our management team backs him 100 percent. I look forward to working with Aram on some very exciting projects that will benefit K-Z and our dealers.”