Horizon Global Appoints Carl Bizon as President and CEO

| October 29, 2018
Carl Bizon

Carl Bizon

The Board of Directors of Horizon Global Corporation (NYSE: HZN), one of the world’s leading manufacturers of branded towing and trailering equipment, announced that, effective immediately, Carl Bizon has been appointed as the Company’s President and Chief Executive Officer and will also serve as a director of the Company.

Before being named to this permanent role, Bizon served as interim President and Chief Executive Officer of the Company since May 2018. In this new role, Bizon will be responsible for continued progress in moving the Company forward with its Action Plan initiatives in its Americas and Europe-Africa segments, while increasing profitability for long-term sustainable growth.

Commenting on Bizon’s appointment, Denise Ilitch, the Company’s Chair of the Board of Directors, stated, “When the Board named Carl interim CEO, we recognized that he was uniquely qualified to lead the Company with an extensive knowledge of our products, customers and suppliers, as well as the overall industry. His prior experience running each of our three divisions has been important, particularly as he has demonstrated the ability to move quickly, decisively, and effectively to positively impact operations and maintain a laser focus on executing the Company’s Action Plan initiatives.”

Bizon joined Horizon Global in January 2018 as President of Horizon Americas before being promoted to interim President and Chief Executive Officer of the Company on May 8, 2018. Prior to Horizon Global’s spin-off from its former parent company, TriMas Corporation, Bizon led its international businesses from 2008 to 2015, including both Europe-Africa and Asia-Pacific. Before re-joining the Company, Bizon served as Chief Executive Officer at Jayco Corporation, Australia’s largest manufacturer of camper trailers, caravans and motorhomes. Prior to TriMas, he developed a strong knowledge and skill set in the areas of sales, manufacturing, customer management, product development, IT and large-scale project management at companies such as GWA International, Stramit Industries and Tubemakers. Bizon brings extensive experience in the manufacturing sector and expertise in operations.

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