Henning Kornbrekke has decided to retire three months early as Gibraltar Industries’ president and chief operating officer.
Kornbrekke, 68, announced plans during August to retire at the end of this year, but he notified Gibraltar officials in late September that he intended to accelerate his retirement by three months, with his final day coming Sept. 30.
Kornbrekke will remain involved in Gibraltar’s business, signing a consulting agreement with the Hamburg-based building products manufacturer that will pay him $10,000 a month through the end of 2014.
Gibraltar said Kornbrekke’s retirement is “solely due to personal reasons and not as a result of any disagreement with the company.”
The company has hired consulting firm Korn/Ferry International to help with the search for a replacement.
Kornbrekke joined Gibraltar in 2002 as president of its building products group. He was named president in January 2004, then added the title of chief operating officer in December 2004.
Before joining Gibraltar, he was chief executive officer of a division of Rexam PLC, a British-based packaging company, and before that, he was president and general manager of the hardware division of Stanley Works.