PowerSports Business

Powersports Business - May 25, 2015

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w w w . p o w e r s p o r t s b u s i n e s s . c o m NEWS: Moose Racing's apparel at EnduroCross . . . PAGE 3 FINANCE: Polaris and Harley share Q1 results . . . . . . PAGE 10 ATV/UTV: AMSOIL unveils new lubricants . . . . . . . . . PAGE 28 CYCLE: Guest column by Tim Woodsome . . . . . . . PAGE 30 Victory will launch an electric motor- cycle in the second half of 2015 with a range of 70 miles city/120 miles road range, according to a research note pro- vided to Powersports Business by Wells Fargo Securities analyst Tim Conder following a Polaris meeting with ana- lysts in Iowa in April. Pricing on the electric Victory is TBA. In addition, Conder reports that the majority "of paint systems issues [have been] addressed, with volume slowly ramping. Indian Scout began meaning- ful shipments in March, should catch up by late Q315. Indian Dark Horse selling very well. 360 global retailing dealers by YE2015. Victory brand repo- sitioning as 'American Muscle' with 690 global retailing dealers YE2015." Demand for Slingshot is 50 per- INSPIRING SUCCESS THROUGH MARKET INTELLIGENCE Birthday bash Wildcat H-D celebrates sixth year with one of Kentucky's largest fireworks displays. SEE PAGE 38 HOTNEWS UTV takeover Yamaha's Wolverine R-Spec manuevers through the trails at the Brimstone ATV park in Huntsville, Tenn. SEE PAGE 24 Customer care Ducati surpasses competitors to rank first in the 2015 Pied Piper PSI study. SEE PAGE 29 Team focuses on shared vision, mission and goals BY LIZ KEENER MANAGING EDITOR When discussing the success Küryakyn has had over the past year and a half, company president Holger Mohr has a hard time talking about the impact he's had on that success. Instead, he defers to praising his team, which includes everyone working under the roof of Küryakyn's Somerset, Wis., headquarters. "People are our most important resource," he told Powersports Business from his office in Somerset. "You can have any process planned, but if you don't have the right people to execute it, it doesn't get you anywhere. Having the right team in place and now adding the right processes and procedures, that's where the magic comes." Anyone who has managed a team knows Mohr is correct. The right people are essential for driving change, developing new ideas and products and delivering on the processes and procedures passed down by management. Mohr has put much of his efforts in 2014 and 2015 into building that ideal team and refining the culture at Küryakyn, which are two of the many reasons Powersports Business chose Mohr as the 2015 Executive of the Year. Mohr's leadership in 2014-15 also helped the company to launch the new Crusher and Bahn brands, expand its branding expertise, increase and improve product development and prepare the company for the next 25 years, all while producing profitable growth. THE KÜRYAKYN TEAM Since Mohr joined Küryakyn as president in January 2014, new hires have been in abun- dance. Notable new employees include: vice president of product development Pete Amenda, who was most recently VP of market- ing for S&S Cycle; director of international sourcing and supply chain Kevin Miller, a for- mer source development manager at Safco Products; director of sales — International Business John Kear, previously responsible for dealer commercial and network development with Honda Motorcycles Europe; and events manager MJ Berst, who has worked for Polaris and Harley-Davidson in the past. But those were by far not the only hires. As part of its 25th anniversary NXT 25 initia- tive that started in 2014, Küryakyn filled new positions across the company. NXT 25's goal is to set Küryakyn up for its next 25 years in business. As Mohr developed his new manage- ment team, that team also began making hires as well. Miller hired a new quality manager, and Amenda brought on an engineering lead and a design lead, among others. And the hiring continues. Küryakyn is still looking to fill designer, engineer, product manager and sales positions, and in early May, Küryakyn announced Steve Veltri will serve as the company's new VP of brand management. Küryakyn has also increased the scope of the work completed by contract designers. PSB: FOCUS Industry Leaders SEE PAGE 12 See Mohr, Page 4 See Hot News, Page 3 May 25, 2015 • Volume 18, Number 7 • $3.99 EXECUTIVE OF THE YEAR Mohr develops new culture at Küryakyn BRIAN KLOCK President Klock Werks Kustom Cycles TIM MCKERCHER President LOOK Marketing LARRY LITTLE & MIKE WEBSTER Vice President/General Manager & President Marketplace Events Motorcycle Group PAGE 12 HOLGER MOHR President, Küryakyn INDUSTRY LEADERS Electric Victory set for 2015 launch: Analyst

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