Scott Mereness will be stepping down as president of Lippert Components, Inc. after 24 years with the company. A statement said Mereness will “pursue new entrepreneurial opportunities.”
The company said that CEO Jason Lippert will assume the president’s title.
Mereness joined LCI in 1994 as a welder. He rose through the ranks, holding numerous operational and executive roles including general manager, chief operating officer, and president.
Mereness was one of the company's first hires in the Executive Leadership Training Program, under the leadership of Jason Lippert. Mereness has overseen LCI’s mergers and acquisitions strategy, completing over 60 acquisitions in the last 20 years.
Mereness helped grow the company from a $120 million Midwestern supplier of manufactured housing products into an over $2 billion global supplier of components for recreational vehicles, buses, trailers, pontoon boats, European caravans, and other specialized vehicles.
"I want to give an enormous 'thank you' 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,” said Jason Lippert in the statement. “I have a tremendous amount of gratitude for Scott, and there's no doubt LCI wouldn't be where it is today without him.”
Lippert said LCI’s “very deep and talented bench of executives” will continue to support the company as it moves into this next phase.
"I am among the thousands of LCI team members who love this company greatly,” said Mereness. “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."