On the morning his retirement from Winnebago Industries Inc. was announced, Randy Potts sat on the patio of his Forest City, Iowa, home.
“I can already feel my blood pressure lowering,” said Potts, who lives on four acres in western Forest City. “As you can see, I have a million things I want to do with my time,” Potts said of his backyard, large garden, barbecue pit and sheds that house various vehicles.
The Mason City Globe Gazette reported that retirement from Winnebago Industries, the motorhome manufacturer in Forest City, came earlier than he thought.
Potts was 53 when he was named CEO and president in 2011. He was named chairman of the board of directors in January 2012.
“I thought maybe I would in a year or two,” Potts said. “I didn’t exactly think it would be timed this way.”
Recently, Potts and the board found themselves at an impasse and he retired as of Thursday.
“There were a lot of things at play,” Potts said. “The board was looking for different direction from the company. The board’s vision was different from mine and we both recognized that.”
Board of directors member Larry Erickson said in a company news release that Winnebago is well-positioned operationally and financially.
Potts’ retirement was a mutually agreed upon decision, Potts and company officials said.
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