LCI Industries Adds Ron Fenech to Board of Directors
Elkhart, Indiana – November 16, 2017 - LCI Industries (NYSE: LCII), a supplier of components for the leading original equipment manufacturers (“OEMs”) of recreational vehicles (“RVs”) and adjacent industries, and the related aftermarkets of those industries, today announced the appointment of Ronald Fenech to the Company’s Board of Directors, as an additional independent director. Fenech will also serve on the Board’s Corporate Governance and Nominating Committee.
Fenech, 60, co-founded Grand Design Recreational Vehicle Co. in 2012, a fast-growing manufacturer of towable RVs that was acquired in 2016 by Winnebago Industries. Prior to forming Grand Design, he held several executive positions at Thor Industries, the sole owner of operating subsidiaries that, combined, represent the world's largest manufacturer of recreational vehicles, including as Senior Group President of Thor Industries from January 2010 to 2012, and as President of Keystone RV Company following its acquisition by Thor Industries in November 2001 until January 2010. Fenech has over thirty years of experience in the RV industry covering a broad range of positions with several companies.
“We are excited about Ron’s addition to our Board,” said Jim Gero, Chairman of LCI Industries’ Board of Directors. “His deep understanding of the RV industry, leadership skills and strong operating and strategic experience will be of significant benefit to LCI Industries and our stockholders.”
Fenech earned a Bachelor Degree in Business in 1979 from the University of Michigan. He also serves on the Board of Directors of Beacon Health System, a regional provider of healthcare services serving the Elkhart and South Bend communities of northern Indiana.
Fenech joins directors James Gero, Jason Lippert, Fred Hegi, David Reed, Jack Lowe, Brendan Deely, Frank Crespo, Kieran O’Sullivan, Tracy Graham and Ginnie Henkels on the Company’s Board, each for a one-year term ending at the next annual election of directors.
Through its wholly-owned subsidiary, Lippert Components, Inc. (Lippert™), is a leading global manufacturer and supplier of highly engineered products and customized solutions dedicated to shaping, growing, and bettering the RV, marine, automotive, commercial vehicle, and building products industries.
With over 90 manufacturing and distribution facilities located throughout North America, Europe, Africa, and Asia, Lippert™ is a leading, global manufacturer and supplier of highly engineered products and customized solutions dedicated to shaping, growing, and bettering the RV, marine, automotive, commercial vehicle, and building products industries, and their adjacent markets. Lippert also serves a broad array of aftermarket segments, supplying best-in-class products designed to enhance recreational pursuits, both on the road and on the water. From powerful towing technology and automated RV leveling systems, to boating furniture and one-of-a-kind shade solutions — Lippert combines strategic manufacturing capabilities with the power of our winning team culture to deliver unrivaled Customer Service, award-winning Innovation, and premium Products to every industry and person we serve.
3501 County Road 6 East
Elkhart, IN 46514