Joy to succeed Gerstenslager at Hendrickson
By Mike Brezonick01 September 2021
Gary Gerstenslager, president and CEO of Hendrickson, a global manufacturer and supplier of medium- and heavy-duty mechanical, elastomeric and air suspensions, axles, brakes and other products for transportation applications, announced his retirement at the end of the year. He will be succeeded by Matt Joy, Hendrickson’s chief operating officer since January of 2020.
“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 Co., Hendrickson’s parent company. “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.”
Joy joined Hendrickson in 2006 and has held several successive roles at the company, including vice president/general manager of the Specialty Products Group and vice president/general manager of the Truck Division. His promotion to president and CEO takes effect Jan. 1, 2022.