Board of Directors

Age: 66

Director Since: 2010

Mr. Graves became a Director in December 2010 and was named Chairman of the Board in August 2019. He was CEO of Motorsport Aftermarket Group, a leading manufacturer, distributor, and online retailer of aftermarket products for the powersports industry. He joined the privately-held company as CEO in January 2015 and retired in August 2018. Previously, Mr. Graves served as the President of Brunswick Boat Group, a division of the Brunswick Corporation, an NYSE company, where he served from 2005 to 2014. Prior to his time with Brunswick, Mr. Graves was President of Dresser Flow Solutions, a maker of flow control products, measurement systems, and power systems, from 2003 to 2005, and before that he was President and Chief Operating Officer of Federal Signal Corporation. Mr. Graves holds a bachelor’s degree in metallurgical engineering from Purdue University and an MBA from the University of Chicago.

Outside Directorships

• Tiara Yachts
• American Chemet Corporation

Age: 80

Director Since: 1980

Mr. Orthwein, a co-founder of our Company, currently serves as Chairman Emeritus of the Board, having been appointed to this position upon his retirement from the Company in August 2019. Mr. Orthwein has served as a Director of our Company since its inception. He served as our Executive Chairman from August 2013 until his retirement in August 2019. From November 2009 to August 2013, Mr. Orthwein served as the Company’s Chairman and CEO, including service as the Company’s President and CEO from November 2009 to August 2012. Mr. Orthwein was previously Chairman of our Company from 1980 to 1986, Vice Chairman from 1986 to November 2009, and Treasurer from 1980 to November 2009. Mr. Orthwein holds a bachelor’s degree and an MBA, both from Cornell University.

Outside Directorships

• Safety Speed Manufacturing Company, Inc.
• Precision Feedthrough Holdings, LLC
• Base Holdings Company
• Peter B. Orthwein, Inc.
• PBESC LLC

Age: 56

Director Since: 2013

Mr. Martin has been with our Company since 2001 when we acquired Keystone RV, where he had worked since July 1998. Mr. Martin currently serves as our President and Chief Executive Officer. From August 2012 to July 2013, Mr. Martin served as the Company’s President and Chief Operating Officer. Mr. Martin previously served as President of our RV Group from January 2012 to August 2012. Prior to becoming President of our RV Group, Mr. Martin was President of Keystone RV from January 2010 to January 2012 and Executive Vice President and Chief Operating Officer of Keystone RV from January 2007 to January 2010. Earlier in his career, Mr. Martin held various sales leadership positions with Keystone RV, including Vice President of Sales and General Manager of Sales. Prior to joining Keystone RV, Mr. Martin held positions at Coachmen Industries, Inc., a former recreational vehicle and manufactured housing company. Mr. Martin received his bachelor’s degree from Purdue University.

Age: 50

Director Since: 2021

Ms. Hennington joined our Board in September 2021. Ms. Hennington is the CEO of the Minnesota United MLS franchise, a position she has held since July 2026. She previously served as the Executive Vice President and Chief Strategy & Growth Officer of Target Corp., a position she held from June 2024 through August 2025. From February 2021 through June 2024, Ms. Hennington served as Target Corp.’s Executive Vice President and Chief Growth Officer. She served on Target’s leadership team and held roles of increasing responsibility with Target from June 2003 to February 2021. Ms. Hennington is a seasoned retail executive and corporate strategist with deep expertise in running large complex commercial operations, developing both short- and long-term strategic plans, building unique and innovative partnerships, and leveraging emerging technologies to accelerate team and business performance. She is a Henry Crown Fellow of the Aspen Institute. She is a current member of the Feeding America Board and Executive Committee. Ms. Hennington received her bachelor’s degree from Cornell University and her MBA from the Kellogg School of Management at Northwestern University.

Thor Committees:

• Compensation & Development
• Environmental, Social, Governance and Nominating

Outside Directorships:

• Feeding America

Age: 59

Director Since: 2018

Ms. Huntington, who became a Director in October 2018, is a thirty-year veteran of the energy and lighting industries. She served as Chief Executive Officer of Philips Lighting Americas, a leading manufacturer of commercial and residential lighting solutions, until January 2018, where she led all commercial operations throughout North, South, and Central America, including early large-scale development of connected LED lighting. She previously served as Chief Executive Officer of Philips Lighting, Professional Lighting Solutions, based in Amsterdam, The Netherlands. Prior to joining Philips Lighting in April 2013, Ms. Huntington held senior leadership positions with Schneider Electric, a global specialist in energy management, over the course of a 22-year career, including Chief Operating Officer of Schneider Electric North America and Chief Executive Officer of its Juno Lighting Group subsidiary where she maintained industry-leading profitability during a period of economic volatility and technology-driven change. Ms. Huntington currently serves as a director of Duchossois Capital Management and S & C Electric Company. Ms. Huntington earned her Bachelor of Science degree in Industrial Management / Industrial Engineering and a Master of Science degree in Management, both from Purdue University.

Thor Committees:

• Audit
• Compensation and Development (Chair)

Outside Directorships:

• The Duchossois Group
• S & C Electric Company

Age: 55

Director Since: 2021

Ms. Hurd joined our Board in September 2021. Since April 2022, she has served as the President and Chief Executive Officer of Interface, Inc., a worldwide commercial flooring company and global leader in sustainability. She was previously a Segment President, Learning and Development, for Newell Brands, a global manufacturer, marketer and distributor of consumer and commercial products. She became a Segment President in March 2019, having previously served as CEO of Newell’s Writing Division from March 2018 to March 2019, CEO of its Baby Division from January 2017 to March 2018, and President of its Home & Baby Division from January 2016 to January 2017. She has over 30 years of experience in the consumer-packaged goods industry. Ms. Hurd received her bachelor’s degree in business administration and marketing from Miami University in Oxford, Ohio. As a sitting public-company chief executive, Ms. Hurd brings the Board a current operator’s perspective on strategy, brand building, and talent development.

Thor Committees:

• Audit (Financial Expert)
• Compensation & Development

Outside Directorships:

• Interface, Inc.

Age: 62

Director Since: 2017

Mr. Klein, who became a Director in December 2017, retired as Chief Executive Officer of Fortune Brands Home & Security, Inc., a leading manufacturer of home and security products, in January 2020 and as its Executive Chairman in December 2020. Mr. Klein joined Fortune Brands, Inc. in 2003 and held corporate strategy, business development, and operational positions until he became CEO of Fortune Brands Home & Security in 2010. Previously, Mr. Klein held key strategy and operating positions at Bank One Corporation and served as a partner at McKinsey & Company, a global management consulting firm. Mr. Klein spent his early career in commercial banking, at both ABN AMRO and First Chicago. Mr. Klein received his BBA from the University of Iowa and his MBA from the Kellogg School of Management at Northwestern University.

Thor Committees:

• Environmental, Social, Governance & Nominating (Chair)
• Audit (Financial Expert)

Outside Directorships:

• W.W. Grainger, Inc.

Age: 61

Director Since: 2020

Mr. Kelley, who became a Director in November 2020, is the Executive Vice President and Chief Financial Officer of Utz Brands (NYSE: UTZ), which manufactures a diverse portfolio of savory snacks through popular brands. Prior to his May 2025 appointment with Utz Brands, Mr. Kelley was the Global Chief Financial Officer for Tropicana Brands Group, established in 2022 as a joint venture between PAI Partners and PepsiCo. Before joining Tropicana Brands Group, from February 2020 to July 2022, Mr. Kelley was the Executive Vice President and Chief Financial Officer of TreeHouse Foods, Inc., a leading manufacturer and distributor of private label packaged foods and beverages in North America. He joined TreeHouse in 2016 and held finance and leadership roles of increasing responsibility, including Corporate Controller. Prior to joining TreeHouse, Mr. Kelley was with food and beverage company The Kraft Heinz Company as Head of Global Internal Audit. Earlier, he served as Chief Accounting Officer of the Hillshire Brands Company and Corporate Controller of USG Corporation. Mr. Kelley holds a B.A. in Accounting from Clark Atlanta University and an MBA in Accounting and Strategy from the University of Chicago Booth School of Business. Mr. Kelley is a Certified Public Accountant, Certified Internal Auditor, and Certified Information Systems Auditor.

Thor Committees:

• Audit (Financial Expert)
• Environmental, Social, Governance and Nominating

Outside Directorship:

• Chicago’s Children Museum
• Chicago Youth Centers

Age: 60

Director Since: 2024

Mr. Lorenger became a Director in February 2024. He is the Chairman, President, and Chief Executive Officer of HNI Corporation, a leading manufacturer of workplace furnishings and residential building products. He has served as President and CEO since June 2018 and has been Chairman of HNI’s Board of Directors since February 2020. Since joining HNI in 1998, Mr. Lorenger has held multiple executive-level positions at HNI and HNI’s workplace furnishings brands including HON, Allsteel, and Gunlocke. Prior to joining HNI, he spent several years practicing corporate law. Mr. Lorenger serves on the Tippie School of Business Advisory Board at the University of Iowa. Mr. Lorenger holds three degrees from the University of Iowa — a BBA in marketing, a Juris Doctor, and an MBA.

Thor Committees:

• Compensation & Development
• Environmental, Social, Governance & Nominating

Outside Directorships:

• HNI Corporation