Horizon Global Names New CFO

Horizon Global Corp. has named Jamie G. Pierson as chief financial officer. Barry Steele, who served as Horizon Global’s CFO since Feb. 18, will be leaving the company for personal reasons.

Pierson is now responsible for the company’s global finance function, including financial reporting, tax, treasury, and financial planning and analysis.

“He is the right financial leader at the right time for Horizon Global, and we are excited to welcome Jamie to the global team,” said Carl Bizon, president and CEO of Horizon Global. “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.”

Pierson previously served as CFO of PrimeSource Building Products, Inc., one of the nation’s largest distributors of building products. Prior to that, he was CFO of YRC Worldwide Inc., a Fortune 500 company offering transportation and global logistics services.

“We would like to thank Barry (Steele) for his efforts during his tenure as CFO and wish him well in his future endeavors,” Bizon said. “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. 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.”