Horizon Global Corp. announced it has named Jamie G. Pierson as chief financial officer, effective today (June 10). According to a press release, Pierson will have responsibility for the company’s global finance function, including financial reporting, tax, treasury, and financial planning and analysis.
President and Chief Executive Officer Carl Bizon commented, “We are pleased to welcome Jamie as Horizon Global’s new chief financial officer. He is the right financial leader at the right time for Horizon Global, and we are excited to welcome Jamie to the global team. Jamie’s background in financial leadership has him uniquely positioned to make an immediate impact on our Company.
“His skill set includes deep experience in business turnarounds, cash management and financial planning and analysis. Jamie’s public-company expertise includes SEC reporting and investor relations. We have made considerable progress in advancing our operational improvement initiatives over the past 18 months, and the addition of a CFO with Jamie’s extensive turnaround and operational experience will be essential to our overall success.”
Prior to joining Horizon Global, Pierson served as CFO of PrimeSource Building Products Inc., a distributor of building products. Prior to that, he was CFO of YRC Worldwide Inc., a Fortune 500 company that is a provider of transportation and global logistics services. While at YRC Worldwide, Pierson was responsible for helping execute a multi-faceted operational turnaround and refinancing. Prior to joining YRC Worldwide, he served as managing director at Alvarez & Marsal, where he worked with multiple organizations facing a broad range of operational and financial challenges.
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.