Roush Industries reviews

Thank you for taking the sharing your comments and concerns. It’s obvious that you’re very passionate about Roush and recognize that we are a company with enormous potential. It’s also clear that you have strong concerns. First, to address your concerns about succession planning, please be assured that this is a very important element of our corporate strategy. We are very proud that people are so committed to Roush and our incredible mission that they’ve chosen to spend their entire careers here and have provided Roush with the depth and stability required to withstand industry challenges other companies have not survived. At the same time, we recognize that creating a sustainable company requires new ideas, new technologies, and new skill sets so we have made a very concerted effort, particularly in the last several years, to promote and hire people who can infuse the company with new energy, new perspectives, and expertise in emerging technologies. This is happening at every level of the company. As an example, I would point to our CFO and our CHRO, both of whom have been hired from outside the company in the last several years. On the wage issue, we constantly analyze market data to ensure that we are providing our employees fair and competitive wages and our total compensation package aligns with others in the industries we serve. As you know, our total compensation package has increased, as we have recently taken on a greater burden of increased health care costs to ensure that employees’ out-of-pocket expenses remain affordable and we recently increased the amount the company pays into participating employees’ 401K accounts. We value your years of service and your commitment to Roush, and we hope that information provided at our management meetings and other employee communications will reassure you that succession planning is a very key element of our strategy as we continue to gain momentum.