Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Horizon Global Corporation's (the "Company") Board of Directors appointed James
Sistek as the Company's Chief Administrative Officer, effective December 9,
2019. Mr. Sistek did not enter into any agreements with the Company in
connection with his appointment, other than the Company's standard
indemnification agreement for executive officers.
Prior to joining the Company, Mr. Sistek, age 55, served as Senior Vice
President Business Operations for Superior Industries International, Inc.
("Superior"), a Tier 1 automotive supplier of aluminum wheels, from August 2014
to January 2019. During his tenure at Superior, Mr. Sistek was directly
responsible for product development and launch, supply chain and logistics,
quality, information technology and served as the executive lead on a
corporate-wide overhaul of the operating model. From January 2013 to August
2014, Mr. Sistek served as President and Founder of Infologic, Inc.
("Infologic"), a consulting services company specializing in the optimization of
business operations, where he streamlined business processes, supported program
development and launch programs, and provided complete technology assessments
for Tier 1 suppliers and IT service providers. Prior to forming Infologic, from
October 2005 to January 2013, Mr. Sistek held various leadership positions at
Visteon Corporation, a global automotive electronics supplier, ultimately
serving as Vice President Shared Services and Chief Information Officer from
2009 to 2013.
In connection with his appointment as Chief Administrative Officer, Mr. Sistek
will (i) receive an annual base salary of $380,000, (ii) be eligible to receive
an annual short-term cash incentive award based on the performance of the
Company, which is targeted at 70% of base salary for 2020, (iii) be eligible to
receive an annual long-term incentive award under the Company's Amended and
Restated 2015 Equity and Incentive Compensation Plan ("A&R EICP"), which has a
target value of 75% of base salary for 2020, (iv) receive a one-time signing
grant award consisting of 25,000 service-based restricted stock units ("RSUs"),
subject to the terms and conditions of the award agreement and the A&R EICP,
with the RSUs vesting in full on the first anniversary of the date of grant, (v)
receive a cash sign-on bonus of $70,000 and (vi) be a Tier II participant in the
Company's Executive Severance/Change of Control Policy. In addition, Mr. Sistek
will generally be eligible to participate in all other employee benefit plans
and compensation programs that the Company maintains for its salaried employees
and executive officers.

Item 7.01 Regulation FD Disclosure.

On December 9, 2019, the Company issued a press release announcing the appointment of Mr. Sistek. 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 www.horizonglobal.com.

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.
Exhibit No.                   Description

99.1            Press Release dated December 9, 2019

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