Blog: HORIZON GLOBAL CORP : Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) –

Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 20, 2022, Terrence G. Gohl notified Horizon Global Corporation (the
“Company”) that he would be resigning from his roles as President and Chief
Executive Officer and as a director of the Company, effective November 21, 2022.

On November 21, 2022, the Board of Directors of the Company (the "Board")
elected John C. Kennedy as the Company's Interim President and Chief Executive
Officer, effective immediately. In connection with his appointment as Interim
President and Chief Executive Officer, Mr. Kennedy will continue to serve as
Chair of the Board.

Mr. Kennedy, age 64 was appointed to the Board in April 2019, and has served as
Chair of the Board since his appointment. Mr. Kennedy is currently president and
chief executive officer of Autocam Medical, a privately held contract
manufacturer of precision-machined implants and instruments for surgical
applications, which he founded in 2005. Mr. Kennedy previously served as the
president and chief executive officer of Autocam Corporation, which he founded
in 1988 and later sold in 2014. Mr. Kennedy is currently the board co-chair of
Lacks Enterprises, Inc., a Michigan-based privately held company providing
complex, highly decorated components and systems for the exterior automotive
trim market, and has been a board member since 2004. Mr. Kennedy is also a board
member of the Van Andel Institute, a Michigan-based nonprofit biomedical
research and science education organization, since 2003; Shape Corporation, a
full-service, tier-one automotive and industrial component supplier since 2014;
and Business Leaders for Michigan, a nonprofit organization for business leaders
that is focused on strategy, policy and business initiatives to drive Michigan's
economic growth. Outside of the business world, Mr. Kennedy dedicates a
significant amount of time to improving education. Mr. Kennedy is a founding
board member of Grand Rapids University Preparatory Academy, a public education
school located in Grand Rapids, Michigan, since 2008, and has served on multiple
education commissions for the State of Michigan.

For his service as Interim President and Chief Executive Officer, Mr. Kennedy
will be entitled to receive a monthly cash payment of $134,000. Mr. Kennedy will
not receive any additional compensation for his service on the Board while he is
acting as Interim President and Chief Executive Officer.

Item 7.01 Regulation FD Disclosure.

On November 21, 2022, the Company issued a press release announcing the
appointment of Mr. Kennedy and the resignation of Mr. Gohl. A copy of the press
release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
The press release is also available on the Corporation's website at

The information in this Item 7.01 on Form 8-K (including Exhibit 99.1) is being
furnished and shall not be deemed to be filed for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise
be subject to the liabilities of that section, nor shall it be deemed to be
incorporated by reference in any filing under the Securities Act of 1933, as
amended, or the Exchange Act.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. The following exhibits are furnished herewith:

Exhibit No.                                                   Description

99.1                            Press Release dated November     21    , 2022
104                           Cover Page Interactive Data File (embedded

within the Inline XBRL document)


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