Wade F. B. Thompson (left)
and Peter B. Orthwein (right)
Thor Industries was founded in 1980 by Wade Thompson and Peter Orthwein with the purchase of Airstream. Thor Industries went public in 1984 and since that time, Thor has grown both organically and through strategic acquisitions in both recreational vehicles (RVs) and buses, though the Company divested its bus business in 2013 to focus on its core RV business. Today Thor is the sole owner of operating subsidiaries that, combined, represent one of the world’s largest manufacturers of RVs.
Over the years Thor has received many honors for its growth and management success. In January, 2000, Forbes included Thor in its Platinum 400 list, and in April, 2004, Thor was added to Standard & Poor's Mid-Cap 400. Also in 2004, Forbes declared Thor to be one of the "Best Managed Companies in America." In 2005, Fortune called Thor one of "America's Most Admired Companies," and Industry Week ranked Thor as one of the fifty best U. S. manufacturers from 2005-2008 and again in 2013. Thor was ranked 636 on the "Fortune 1000" list in 2014, with an industry rank of 17th among Motor Vehicles and Parts companies. Thor has become one of the most admired and respected companies, not only in the RV industry, but in American business as well.
Throughout its history, Thor has been known in the industry for the strength of its leadership team. After the passing of Wade Thompson in 2009, Peter Orthwein assumed the role of Chairman, President and Chief Executive Officer of Thor until 2013 when Board and Senior Management implemented a succession plan. Bob Martin, a long-time veteran from the Keystone subsidiary was named President and Chief Executive officer, while Mr. Orthwein became Executive Chairman of the Board. Today Thor’s Senior Management team includes Peter B. Orthwein, Executive Chairman of the Board; Bob Martin, President and Chief Executive Officer; Colleen Zuhl, Vice President and Chief Financial Officer; W. Todd Woelfer, Senior Vice President, General Counsel and Corporate Secretary; and Kenneth Julian, Vice President of Human Resources.