After 32 years with the business, Hendrickson President and CEO, Gary Gerstenslager, aims to retire at the end of 2021.
Gerstenslager joined Hendrickson in 1989, and his passion, technical knowledge, and drive for excellence lead to a transformation in product design and manufacturing which permeates all of Hendrickson today.
“Gerstenslager became President in 2006, and in 2007, became the first CEO, in addition to President, in Hendrickson’s history,” said Matthew Boler, Chairman, President and CEO of The Boler Company, parent company of Hendrickson.
“Gary embraced this role and over his 15 years as President turned Hendrickson from an important supplier within the NAFTA commercial vehicle into a leading global supplier.
“Hendrickson is committed to a seamless leadership transition, and we are pleased to announce Matt Joy will assume Gary’s responsibilities and be promoted as the fifth President and second CEO in Hendrickson’s history, effective January 1, 2022.”
Joy joined Hendrickson in 2006 and has been instrumental in the ongoing transition of the company, eventually moving through several successive roles as Vice President/General Manager of the Specialty Products Group, Vice President/General Manager of the Truck Division, and, since January 2020 as the Chief Operating Officer for Hendrickson.
In other news, suppliers including Hendrickson are developing compelling sensors that will become available over the coming years.