Polaris Announces Changes to Senior Leadership Team
December 06 2019 - 8:00AM
Business Wire
Steven Menneto named president of Off Road;
formerly president of Motorcycles
Michael Dougherty named president of
Motorcycles
Chris Musso appointed senior vice president of
Electrification Strategy; formerly president of Off Road
Polaris Inc. (NYSE: PII) today announced several changes to its
senior leadership team. Effective today, current president of
Motorcycles, Steven Menneto, has been named president of Off Road;
Michael Dougherty, president of International, has been named
president of Motorcycles in addition to his role as president of
International; and Chris Musso, president of Off Road, has been
named to a new role as senior vice president of Electrification
Strategy. All three leaders will continue to report to Polaris
Chairman and CEO Scott Wine.
“Sometimes to Think Outside you must look inwards. Winning the
competitive battle requires us to allocate and utilize our
resources optimally, and that begins with placing our most seasoned
and proven executives in roles where they can assume broader
responsibilities and deliver greater impact,” said Wine. “These
leadership changes leverage existing talent, and add vital
capability, as we further our efforts to be a customer-centric,
highly efficient growth company.”
Steven Menneto announced as president of Off Road
As president of Off Road, Menneto is responsible for Polaris’
off-road vehicle (ORV) and snow business segments.
“Steve is a terrific leader who will build on the solid
strategies that Chris and the Off Road team crafted over the last
two years. With decades of experience in powersports, Steve has
proven to be a staunch customer advocate and a successful leader
who understands the industry from every angle,” said Wine. “His
leadership of our Motorcycles business disrupted giants and I am
confident in his ability to deliver even greater results as he
reaccelerates growth in our Off Road business.”
During his four years as president of Motorcycles, Menneto
successfully developed and cultivated a customer-first approach
across the business. As the result of his leadership, Indian
Motorcycle has been the fastest-growing motorcycle brand in the
industry, gaining market share every year and leading the industry
in owner satisfaction ratings. Menneto joined Polaris in 1997,
following two years as a Polaris dealer. During his tenure at
Polaris, Menneto has served in various leadership roles including
vice president of Motorcycles and director of ORV Sales.
Michael Dougherty appointed president of Motorcycles
Dougherty succeeds Menneto as president of Motorcycles. Along
with the responsibility for Polaris’ Motorcycles segment, Dougherty
will remain president of International.
“Throughout his two decades with the company, Mike has played a
significant role in fostering our powersports leadership on the
global stage. He is a talented leader who has demonstrated an
ability to conquer the multifaceted challenges commensurate with
developing new markets and driving profitable growth over the
long-term,” said Wine. “With Indian Motorcycle, our largest brand
outside of North America, Mike’s rich international experience will
prove invaluable to a business that is expecting continued growth
from international consumers.”
Dougherty has been a key leader in steering the company’s global
strategy and building the Polaris brand with its international
customer base. He was named president of International in 2015 and
under his guidance the company has grown international sales into a
more than $800 million business; established a direct presence in
13 countries around the world, the most recent one being Japan; and
set a path for continued growth outside of North America. During
his time at Polaris, he has also served as the vice president of
Asia Pacific and Latin America, vice president of Global New Market
Development, and vice president and general manager of the ATV
division.
Chris Musso in new role as senior vice president of
Electrification Strategy
In this newly created role, Musso will coordinate across
Polaris’ Powersports portfolio to advance the Company’s
electrification strategy and expand on the groundwork established
by Polaris’ current electric vehicle product offerings, which
include GEM, Goupil and the RANGER EV. Musso joined Polaris in 2017
as president of Off Road.
About Polaris
As the global leader in powersports, Polaris Inc. (NYSE: PII)
pioneers product breakthroughs and enriching experiences and
services that have invited people to discover the joy of being
outdoors since our founding in 1954. With annual 2018 sales of $6.1
billion, Polaris’ high-quality product line-up includes the Polaris
RANGER, RZR and GENERAL side-by-side off-road vehicles; Sportsman
all-terrain off-road vehicles; Indian Motorcycle mid-size and
heavyweight motorcycles; Slingshot moto-roadsters; snowmobiles; and
deck, cruiser and pontoon boats, including industry-leading
Bennington pontoons. Polaris enhances the riding experience with
parts, garments and accessories, along with a growing aftermarket
portfolio, including Transamerican Auto Parts. Polaris’ presence in
adjacent markets includes military and commercial off-road
vehicles, quadricycles, and electric vehicles. Proudly
headquartered in Minnesota, Polaris serves more than 100 countries
across the globe. www.polaris.com.
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Polaris Inc. Investor Contact: Richard Edwards
Phone: 763-513-3477 Email: Richard.Edwards@polaris.com
Media Contact: Jess Rogers Phone: 763-513-3445 Email:
Jessica.Rogers@polaris.com
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