Arctic Cat,  a company that makes recreational vehicles, has elected Andrew Duff to its board of directors. He also will serve on Arctic Cat’s audit committee. With this addition, Arctic Cat now has eight board members, all but one of whom are independent.

Duff has served as chairman and CEO of investment bank and asset management firm Piper Jaffray Companies since 2003. Since then, he also has served as chairman of Piper Jaffray’s broker-dealer subsidiary. From 1996 through 2003, he served as president of Piper Jaffray.

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