Arctic Cat Appoints David A. Roberts to Its Board of Directors.THIEF RIVER The Thief River is a tributary of the Red Lake River in northwestern Minnesota in the United States. Via the Red Lake River, the Red River of the North, Lake Winnipeg and the Nelson River, it is part of the watershed of Hudson Bay. FALLS, Minn. -- Arctic Cat Inc. (Nasdaq:ACAT ACAT See: Automated Customer Account Transfer ) today announced the appointment of David A. Roberts, 58, to its board of directors, effective immediately. Roberts currently serves as chairman, president and chief executive officer of Graco Inc., a world leader in fluid management systems and components. Before joining Graco in June 2001, Roberts was group vice president for the Marmon Group in Chicago. Since beginning his career in 1969, he has held various manufacturing, engineering, and general management positions with The Budd Company, Pitney Bowes and FMC See fixed mobile convergence. Corporation. Roberts also serves on the boards of Graco Inc., Franklin Electric Co., Inc. and the Dean's Advisory Board of the Kelley School of Business The Kelley School of Business of Indiana University is one of the top ranked business schools in the USA. It is home to approximately 4,600 full-time students on its Bloomington campus and approximately 1,200 students on its Indianapolis campus. , Indiana University. He earned a bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree from Purdue University in 1974 and an M.B.A. from Indiana University in 1978. "David brings tremendous global manufacturing expertise that will serve Arctic Cat's shareholders well, as we seek to expand our presence in the powersports industry in North America and internationally," said Christopher A. Twomey, chairman and chief executive officer. "We are pleased to welcome him on board and look forward to his contributions." Roberts' appointment increases the total number of Arctic Cat board members to nine, of which the majority are independent directors. Roberts will stand for re-election to the board of directors at the company's fiscal 2007 annual shareholder meeting. About Arctic Cat Arctic Cat Inc. designs, engineers, manufactures and markets all-terrain vehicles (ATVs) and snowmobiles under the Arctic Cat(R) brand name, as well as related parts, garments and accessories. Its common stock is traded on the Nasdaq National Market under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors "ACAT." More information about Arctic Cat and its products is available on the Internet at www.arcticcat.com. |
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