Effective Jan. 1, Matt Joy will assume the role as president and CEO of Hendrickson following the retirement of Gary Gerstenslager.
After 32 years, current President and CEO Gerstenslager announced his retirement at the end of the year.
"Gerstenslager became president in 2006, and in 2007, became the first CEO, in addition to president, in Hendrickson's history. 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," said Matthew Boler, chairman, president and CEO of Hendrickson parent company The Boler Company, in a press release.
Joy will assume Gerstenslager's responsibilities and be promoted as the fifth president and second CEO of Hendrickson.
He joined Hendrickson in 2006 and has been "instrumental in the on-going transition of the company," moving through several successive roles as vice president/general manager of the specialty products group, VP/GM of the truck division, and, since January 2020 as the chief operating officer for Hendrickson.