Horizon Global Archives - aftermarketNews
First Brands Group Completes Acquisition of Horizon Global

Horizon Global becomes a wholly-owned subsidiary of First Brands as a result of the acquisition.

Horizon Global Announces Agreement with First Brands Group

Transaction will result in a collection of brands serving both OEM and the aftermarket channels under one group.

Horizon Global Appoints John Kennedy Interim President and CEO

Kennedy’s appointment follows Terrence Gohl’s resignation from his executive positions and director post.

Horizon Global Announces Appointment of Jian James Zhou as CFO

Zhou replaces Dennis Richardville, who is stepping down as the company’s chief financial officer.

Horizon Global Launches New Brand Websites

Each brand website features a new, 100% mobile-friendly design, equipped with a product filtering feature.

Horizon Global Appoints New CFO

Dennis Richardville has been named the company’s chief financial officer, effective immediately.

Horizon Global Board Appoints Debra Oler As Director

Oler was also appointed to the board’s compensation committee, and corporate governance and nominating committee.

Horizon Global Board Of Directors Appoints Richard Jok As Interim CFO And Matthew Meyer As Chief Accounting Officer

Prior to his appointment as interim CFO, Jok served as the company’s VP, financial planning and analysis. Jok replaces outgoing CFO Jamie Pierson, who is stepping down from the role effective Dec. 13.

Horizon Global Completes Sale Of Asia Pacific Business Segment

Horizon Global says it plans to use the net proceeds to significantly reduce its debt and allow for increased financial flexibility.

Horizon Global Announces Agreement To Sell Asia-Pacific Business Segment

Proceeds of the sale will be used to significantly reduce debt, the company says.

Horizon Global Initiates Process To Explore Sale Of Its Asia-Pacific Segment

The expected proceeds from the sale of APAC would result in a significant reduction of the company’s debt, while allowing the management team to focus on the core Americas segment and the business improvement initiatives underway in the Europe-Africa segment.

Horizon Global Names Jamie Pierson As Chief Financial Officer

The company also announced that Barry Steele, who had been serving as CFO for Horizon Global since Feb. 18, will be leaving the company for personal reasons.