Arctic Cat Inc., the Plymouth-based maker of snowmobiles, side-by-sides and ATVs, has named Christopher Metz its new president and chief executive.

Metz succeeds Christopher Twomey, the company's chairman and longtime CEO who returned to serve as an interim CEO after the company fired its previous CEO, Claude Jordan, on June 2. Twomey will remain chairman of the board.

Metz was most recently a managing director of Sun Capital Partners, a private investment firm with $10 billion under management. Before working at Sun Capital, Metz was a division president at Black & Decker, leading its hardware and home improvement group from 1999 to 2005.

"I am excited to lead a terrific team at Arctic Cat," Metz said in a statement. "The company has a strong consumer brand and significant opportunities to increase its sales and profitability."

Jordan, a former Home Depot and General Electric executive, joined Arctic Cat in August 2008 as the company's president and chief operating officer. He became CEO of Arctic Cat in January 2011, succeeding Twomey. He stepped down weeks after the company posted disappointing annual and quarterly results in May and lowered its revenue expectations for fiscal 2015.

Analyst Mark Smith at Minneapolis-based Feltl and Co. follows Arctic Cat and its larger competitor Polaris Industries. He issued a quick note on Arctic Cat's announcement Friday.

"We like the background of the new CEO and are pleased to see the position filled," he wrote. "We think there are ample opportunities for improvement and growth at [Arctic Cat] and look forward to what Mr. Metz can do."

Smith reiterated his "buy" rating on Friday, saying he is "continuing to recommend the shares to investors with a longer-term horizon and willingness to wait out a few more difficult quarters."

Metz, who is married and has two children, will officially start his new role on Dec. 3. In a SEC filing late Friday, the company disclosed Metz's compensation package. He will get a $675,000 annual salary, a sign-on bonus of $820,833, a one-time grant of options and restricted stock valued at $4 million, and other long-term equity incentives of $1.81 million for fiscal 2016.

Metz also will get "reasonable and customary" temporary travel and living expenses through June 30, as the family moves from Florida to Minnesota.

Arctic Cat's stock closed at $33.40 on Friday, up 57 cents, or 1.7 percent.

Patrick Kennedy • 612-673-7926