2019 RVIA Economic Impact Study

The new RVs Move America Economic Impact Study, released June 3, 2019 at the annual meeting of RVIA, revealed the RV industry has an overall economic impact on the US economy of $114 billion, supporting nearly 600,000 jobs, contributing more than $32 billion in wages, and paying more than $12 billion in federal, state, and local taxes. The announcement was made by Garry Enyart, RVIA chairman, and Onan/Cummins Director of Mobile Generator Sales & Coach Care.

For more information on the $114 billion total economic impact and what it includes, click here.

Horizon Global Hires New CFO

Tue Jun 11, 2019
Author: RV News

Horizon Global, a manufacturer of branded towing and trailer equipment, has named Jamie G. Pierson as its chief financial officer. He will take responsibility for the company’s global finances, including reporting, tax, treasury, planning and analysis.

“He is the right financial leader at the right time for Horizon Global,” President and Chief Executive Officer Carl Bizon said. “Jamie’s background in financial leadership has him uniquely positioned to make an immediate impact on our company.”

Pierson’s experience includes business turnarounds, cash management, financial planning and analysis, SEC reporting and investor relations, Bizon said. He noted the company’s progress in improving operations during the past 18 months.

“The addition of a CFO with Jamie’s extensive turnaround and operational experience will be essential to our overall success,” Bizon said.

Before joining Horizon Global, Pierson served as chief financial officer of PrimeSource Building Products, a distributor of building products. He has also worked as CFO for YRC Worldwide, a Fortune 500 company that provides transportation and global logistics services. He's also served as managing director at Alvarez & Marsal, where he worked with multiple organizations that were facing a broad range of operational and financial challenges.

Barry Steele, who has been serving as Horizon Global’s CFO since February, is leaving the company.

“We would like to thank Barry for his efforts during his tenure as CFO and wish him well in his future endeavors. As Jamie fully transitions into his new role, we will look to immediately leverage his unique skills and experience to execute against Horizon’s ongoing business improvement initiatives,” Bizon said. “We also look forward to his strategic collaboration with me, our board and the rest of the management team as we work to reduce the company’s debt and improve our operational performance over the next several quarters.”