Winnebago Industries Appoints John Murabito to Lead Board of Directors

Winnebago Industries Appoints John Murabito to Lead Board of Directors

2025-12-18 companies

Eden Prairie, Wednesday, 17 December 2025.
Winnebago Industries elevates independent director John Murabito to Board Chair and declares a $0.35 quarterly dividend, reinforcing strategic continuity and shareholder returns for the outdoor recreation giant.

Leadership Transition and Governance

On December 17, 2025, Winnebago Industries (NYSE: WGO) officially transitioned its board leadership structure by appointing John M. Murabito as the new chair of the board [1]. Murabito, who has served as an independent director for the company since 2017, succeeds David W. Miles [1]. While stepping down from the chair position he has held since 2019, Miles will retain his seat on the board, ensuring a degree of continuity within the company’s governance team [1]. This move places a seasoned executive at the helm; prior to 2022, Murabito served as the chief administrative officer and chief human resources officer at Cigna Corporation [1].

Strategic Vision

The appointment reflects the board’s confidence in Murabito’s ability to guide the company’s strategic priorities. Michael Happe, President and CEO of Winnebago Industries, noted that during Murabito’s tenure as a director and chair of the human resources committee, he demonstrated “exceptional strategic vision and collaborative leadership” [1]. In his acceptance statement, Murabito expressed his intent to work closely with the leadership team to advance the company’s goals [1]. This governance shift comes as the Eden Prairie, Minnesota-based manufacturer continues to position its portfolio of premium brands for long-term growth [1].

Shareholder Returns and Operational Scope

Concurrent with the leadership announcement, the board approved a financial distribution to its investors. On December 17, 2025, the company declared a quarterly cash dividend of $0.35 per share [1]. To receive this payout, investors must be stockholders of record by January 14, 2026, with the actual payment scheduled for disbursement on January 28, 2026 [1]. This dividend declaration underscores the company’s dual focus on investing in growth while delivering consistent returns to shareholders [1].

Portfolio Diversity

Winnebago Industries operates a diversified manufacturing ecosystem that extends well beyond its iconic motorhomes. The company’s portfolio includes a wide range of outdoor recreation products, from Grand Design and Winnebago towables to Newmar motorhomes [2]. The firm also maintains a significant presence in the marine sector through brands like Chris-Craft and Barletta, and has expanded into advanced technology with its Lithionics battery solutions segment [2]. With manufacturing facilities located in Iowa, Indiana, Minnesota, and Florida, the company distributes these recreational vehicles and marine products through a network of independent dealers across the United States and Canada [2].

Sources


Corporate Governance Winnebago Industries