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Winnebago CEO To Step Aside

Winnebago Industries Inc. said Wednesday that President Randy Potts will replace Bob Olson as CEO.

FOREST CITY, Iowa (AP) -- Winnebago Industries Inc. said Wednesday that President Randy Potts will replace Bob Olson as CEO.

The recreational vehicle maker said Olson will remain chairman of the company's board, and focus on broader overall strategy.

Potts, 52, joined Winnebago in 1983 as a senior tool designer. He has served as vice president of manufacturing and as senior vice president of strategic planning, responsible for new business development. In January he became president of the company.

Olson, 59, has been with Winnebago since 1969, when he started as an hourly employee.

Shares of Winnebago fell 21 cents, or 2.4 percent, to close at $8.69.

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