Horizon Global Corporation’s board of directors has appointed chair John C. Kennedy interim president and chief executive officer following Terrence G. Gohl’s resignation as a director and president.
Kennedy said the company is thankful for Gohl’s effort during the past three years and Horizon Global appreciates Gohl’s continued support moving forward.
“We remain focused on our strategic alternatives process, with our clear objective being to enhance shareholder value,” Kennedy said.
Kennedy has served as board chair since his appointment to the company’s board in 2019.
“We look forward to providing an update on this process when appropriate,” Kennedy said. “As we assess the best long-term path for the company, we are determined to leverage our best-in-class products and iconic brands to position Horizon Global for sustainable growth and a return to historical profitability levels.”
