Horizon Global Corporation announced Frederick A. Henderson, current member of the board of directors, with a term expiring at the company's 2022 annual stockholder meeting, notified the company, Frederick will not stand for re-election at the 2022 annual meeting. Mr. Henderson currently serves as chair on the board's audit committee, and his service in this role will also end effective as of the 2022 annual meeting. Mr. Henderson's retirement from the board did not result from a disagreement with the company.