#United States #Polaris #Steve Eastman #Andy Williams #Minneapolis

Polaris Announces Leadership Change

Polaris Inc. has officially announced the upcoming retirement of Steve Eastman, its long-serving president of Parts, Garments, and Accessories (PG&A) and Aftermarket, effective December 31, 2024. This marks a significant moment not only for Eastman but also for the company as it prepares for continued growth under new leadership.

A Legacy of Leadership

Steve Eastman joined Polaris in 2012, bringing with him a wealth of experience and a vision that would substantially reshape the PG&A and Aftermarket segments of the business. During his tenure, Polaris saw remarkable growth, expanding the PG&A business from a modest $400 million to nearly $1.7 billion. His strategic initiatives included enhancing the company's direct-to-consumer e-commerce strategy and implementing a comprehensive category management approach.

Mike Speetzen, CEO of Polaris, praised Eastman for his leadership, noting, "Steve has been an exceptional leader, mentor, and advisor to many at Polaris. He is the architect who fundamentally transformed our approach to PG&A and Aftermarket." Under Eastman's direction, Polaris developed a global, multi-channel strategy that positioned the company uniquely within the powersports industry, creating a strong competitive advantage.

The Successor: Andy Williams

As part of its succession planning, Polaris has appointed Andy Williams as the new president of PG&A and Aftermarket, effective January 1, 2025. Williams, who has been with Polaris since 2013, previously held the position of vice president of PGA Operations. He has exhibited profound leadership in his capacity as director of PGA Supply Chain, focusing on operational enhancements and e-commerce strategies.

Williams’ experience at companies like Advance Auto Parts, where he was the director of e-commerce product fulfillment, and Target, where he worked in various merchandise planning and distribution roles, has equipped him well for this new role. Additionally, his educational background, which includes a Bachelor of Science in engineering from the United States Naval Academy, emphasizes his analytical and operational capabilities.

Transition and Future Directions

In a supportive transition arrangement, Eastman will take on a strategic advisor role to aid Williams and the larger organization through this pivotal change. Eastman is expected to remain in this advisory position throughout 2025 to ensure a seamless transfer of leadership and continuity in ongoing strategic initiatives.

Polaris, since its establishment in 1954, has been a leader in the powersports industry, recognized for its innovative products and commitment to enhancing outdoor experiences. As the company continues to evolve and grow, the leadership and strategic vision provided by the new president will be vital in navigating the competitive landscape of the powersports market.

With a solid portfolio featuring names such as RANGER®, RZR®, and Indian Motorcycle®, Polaris is well-positioned to continue its trajectory of success well into the future. The leadership transition from Eastman to Williams is eagerly awaited by stakeholders who seek to witness how the company will further innovate and expand its reach globally.

In conclusion, while Eastman’s retirement may close a significant chapter in Polaris’ history, it also opens a new one full of possibilities. As they transition to a new leadership structure, Polaris Inc. remains committed to delivering quality products and enhancing the outdoor riding experiences for enthusiasts worldwide.