Independent
Tenure on this board
16.8 yrs
Meeting calendar
THO · Annual meeting · Wednesday, December 16, 2026
Thor Industries Inc
9 nominees · 3 ballot items.
Shareholders will elect nine directors, ratify Deloitte & Touche LLP as the independent registered public accounting firm for Fiscal Year 2027, and provide an advisory vote approving the compensation of the Company’s named executive officers.
Market cap
$4.0B
1Y TSR
-31.1%
Board grade
C+
Record date
Oct 19, 2026
Filing
DEF 14A
Filed Nov 3, 2026 · DEF 14A
Proposals
On the ballot3
- 1
Election of Directors
ManagementBoard: FORElect the nine director nominees named in the proxy statement to serve until the 2027 annual meeting and until their successors are elected and qualified.
- 2
Ratification of the Appointment of Deloitte & Touche LLP
ManagementBoard: FORRatify the Audit Committee’s selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending July 31, 2027.
- 3
Advisory Vote to Approve the Compensation of the Named Executive Officers
ManagementBoard: FORApprove, on a non-binding advisory basis, the compensation paid to the Company’s named executive officers as disclosed in the Compensation Discussion and Analysis, compensation tables, and related proxy disclosures.
More detail
Proposal 3 asks shareholders to approve, on a non-binding advisory basis, the compensation paid to THOR Industries’ named executive officers. The vote covers the overall compensation program rather than any single salary, bonus, equity award, or employment agreement. The resolution expressly incorporates the Compensation Discussion and Analysis, compensation tables, and related compensation disclosures in the proxy statement. Management is seeking approval as part of the Company’s annual “Say on Pay” process, which it expects to continue at the 2027 annual meeting. THOR describes its program as heavily performance-based, with approximately 89% of NEO compensation tied to incentives in Fiscal Year 2026. The program uses Company Adjusted NBT for the Management Incentive Plan and much of the RSU opportunity, while ROIC and free cash flow determine PSU outcomes over a three-year period; employee engagement and retention also affect a portion of RSUs. The Company reported that Fiscal Year 2025 shareholders approved the prior advisory compensation vote by approximately 93.5%, and it says shareholder outreach has produced continued support. Management emphasizes that Fiscal Year 2026 compensation declined with performance, that no positive discretion or supplemental awards were used, and that the program includes clawback, ownership, anti-hedging, and double-trigger provisions. Because the vote is advisory and non-binding, it will not directly require a change in compensation, but the Board and Compensation and Development Committee state that they will review the result and consider it in future compensation decisions. The Board recommends voting FOR the resolution.
Director elections
Nominees on the ballot9
Independent
Tenure on this board
5.2 yrs
Independent
Tenure on this board
8.1 yrs
Independent
Tenure on this board
5.2 yrs
Also a director at
Interface Inc (TILE)
Independent
Tenure on this board
6.0 yrs
Independent
Tenure on this board
8.9 yrs
Also a director at
Ww Grainger Inc (GWW)
Independent
Tenure on this board
2.8 yrs
Also a director at
Hni Corp (HNI)
Not independent
Tenure on this board
13.8 yrs
Independent
Tenure on this board
46.8 yrs
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | ACR Alpine Capital Research, LLC | 9.4% | 4,872,838 | $366M |
| 2 | Life Cycle Investment Partners Ltd | 7.9% | 4,099,664 | $308M |
| 3 | KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | 5.8% | 2,984,425 | $224M |
| 4 | DIMENSIONAL FUND ADVISORS LP | 5.7% | 2,939,648 | $221M |
| 5 | BlackRock, Inc. | 5.6% | 2,901,384 | $218M |
| 6 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.2% | 2,666,413 | $200M |
| 7 | TIMUCUAN ASSET MANAGEMENT INC/FL | 5.0% | 2,560,247 | $192M |
| 8 | VANGUARD CAPITAL MANAGEMENT LLC | 4.4% | 2,285,115 | $172M |
| 9 | STATE STREET CORP | 3.3% | 1,689,768 | $127M |
| 10 | BlackRock, Inc. | 2.9% | 1,512,718 | $114M |
Peers
Nearest market capOther Consumer Cyclical sector meetings6
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Reference
Frequently asked questions
- When is the Thor Industries Inc 2026 annual meeting?
- Thor Industries Inc (THO) holds its 2026 annual shareholder meeting on Wednesday, December 16, 2026.
- What is the record date for the Thor Industries Inc 2026 meeting?
- The record date for the Thor Industries Inc 2026 meeting is Monday, October 19, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Thor Industries Inc's 2026 meeting?
- The board is presenting 9 director nominees at the Thor Industries Inc 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Thor Industries Inc 2026 meeting?
- Shareholders will vote on 3 proposals at the Thor Industries Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
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