Thor Industries Inc. today (Dec. 11) announced the appointment of Christopher J. Klein, CEO of Fortune Brands Home & Security Inc., to serve on its board of directors. Additionally, the company announced that Alan Siegel retired as a member of its board after nearly 35 years of service. Both the appointment and retirement are effective Dec. 12 and maintains the size of Thor’s board at eight members.
“We are excited to have Chris join our board of directors and we look forward to the valuable experience and perspective he will share with our management team,” said Thor Chairman Peter B. Orthwein. “Chris has served as CEO of Fortune Brands Home & Security since 2010, and has demonstrated outstanding leadership, as his company has built a record of market outperformance and strong growth. Prior to that, Chris led numerous strategic and corporate development initiatives at Fortune Brands, Inc. His background will further enhance the already strong composition of our board.”
Prior to joining Fortune Brands, Klein held key strategy and operating positions at Bank One Corp. Before that, he spent eight years at the consulting firm McKinsey & Co. where he was a partner in the firm’s Chicago office. He spent his early career in commercial banking, at both ABN AMRO and First Chicago. Klein graduated from the University of Iowa’s business school (BBA) and earned his MBA at Northwestern University’s Kellogg School of Management.
Siegel has been a director of Thor since 1983. During that time, he served as chairman of the corporate governance and nominating committee. In addition, he was the company’s general counsel for many years.
“Alan has played an invaluable role on our board over the last 35 years,” said Orthwein. “His judgment, legal acumen and deep interest in the culture of our company have benefited our organization and our shareholders. While we are sorry he will no longer serve on our board, we are thankful to Alan for his outstanding service to Thor.”