Scott Mereness of Lippert Components to step down as President

ELKHART, Ind., Nov. 16, 2018 /PRNewswire/ -- Lippert Components, Inc. (LCI®) announces that today Scott Mereness will be stepping down as President after 24 years with the Company to pursue new entrepreneurial opportunities.  Mereness will provide assistance to LCI to ensure a smooth transition. Going forward, it is expected that Jason Lippert will assume the title of CEO and President of LCI.

Mereness started his career with LCI in 1994 in the LCI Leadership Training Program as a welder and quickly rose through the ranks holding numerous operational and executive roles including General Manager, Chief Operating Officer, and eventually, President. Mereness was one of the Company's first hires in the Executive Leadership Training Program, under the leadership of Jason Lippert. Throughout his tenure, Mereness has helped grow the Company from a $120 million Midwestern supplier of primarily manufactured housing products into an over $2 billion global supplier of a broad array of components for recreational vehicles, buses, trailers, pontoon boats, European caravans, and other specialized vehicles. Throughout his tenure, Mereness has overseen the Company's mergers and acquisitions strategy, completing over 60 acquisitions for LCI in the last 20 years. Mereness' legacy will always be credited for his help in molding LCI into what it is today.  

"I want to give an enormous 'thank you' and 'congratulations' to Scott for his 24 years of service to LCI and for helping drive the great growth story that has led LCI to where it is today. I have a tremendous amount of gratitude for Scott, and there's no doubt LCI wouldn't be where it is today without him," said Jason Lippert, LCI's CEO. Lippert continued, "I am privileged that LCI has the ability to groom such a high-level leader who now has the skill set and preparation to run a company on his own. I support him as a friend and as a business executive and there is no doubt in my mind that Scott's entrepreneurial spirit and capacity will bring him success in whatever future endeavors he pursues or in how he applies himself within the world of business. LCI has a very deep and talented bench of executives that will continue to support the Company as it moves into this next phase."

"I want to thank Jason and his father Doug for giving me a chance to work for a small entrepreneurial company. My career at LCI fueled the entrepreneurial leader that I am. I would like to congratulate all of our teams for the accomplishments we've achieved together," said Mereness. "Blood, sweat, and tears were what it took to build this great company and so many of you have given that." Continued Mereness, "I am among the thousands of LCI team members who love this company greatly. I will miss the people the most. I know the Company is in great hands with Jason's leadership abilities. We have been best friends and business partners our entire careers, and we both want the same going forward."

About Lippert Components® 
From over 65 manufacturing and distribution facilities located throughout the United States and in Canada, Ireland, Italy, and the United Kingdom, Lippert Components, Inc. (LCI®), a subsidiary of LCI Industries (NYSE: LCII), supplies a broad array of components for the leading original equipment manufacturers of recreational vehicles; buses; trailers used to haul boats, livestock, equipment and other cargo; trucks; pontoon boats; trains; manufactured homes; and modular housing. LCI also supplies components to the related aftermarkets of these industries, primarily by selling to retail dealers, wholesale distributors and service centers.  LCI's products include steel chassis and chassis components; axles and suspension solutions; slide-out mechanisms and solutions; thermoformed bath, kitchen and other products; vinyl, aluminum and frameless windows; manual, electric and hydraulic stabilizer and leveling systems; furniture and mattresses; entry, luggage, patio and ramp doors; electric and manual entry steps; awnings and awning accessories; electronic components;  televisions and sound systems; navigation systems; backup cameras; appliances; and other accessories. Additional information about Lippert Components and its products can be found at LippertComponents.com.

Lippert Components, Inc.  
3501 County Road 6 East
Elkhart, IN 46514
574-535-1125

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SOURCE Lippert Components, Inc.