Forest River, Inc. announced that David Wright will be retiring in April. 

Wright led the bus & van division for 22 years before assuming the role of co-CEO with Doug Gaeddert.

Wright’s decision to retire is personal, the company said, following the passing of his friend, mentor, and Forest River founder, Pete Liegl, last November. Wright has executed the near-term transitional strategy, and determined the time was right to step away from the day-to-day role.

“It has been the greatest honor of my career to be part of this incredible company and to work alongside the most talented and selfless team in the industry,” Wright said. “Forest River’s leadership remains exceptionally strong, with a deep bench of individuals who are more than qualified to continue driving our success. The foundation we’ve built ensures that Forest River’s legacy will only grow stronger.”

Wright’s departure marks the next evolution for Forest River’s senior management team. Updates include the following:

• Co-CEO Doug Gaeddert, who previously led the recreational vehicle division for 25+ years, assumes the role of sole CEO.

• Darrel Ritchie, who started with Forest River in 2002, continues as chief financial officer.

• Douglas A. Wright, previously the general manager, bus & van, moves to the role of group general manager, reporting to Doug Gaeddert.

“I’m sad to see my good friend and uniquely gifted colleague David Wright retire, but I certainly understand and respect his decision,” Gaeddert said. “Working alongside Pete together like we did for all those years, and accomplishing so much in that time has been an incredible experience. I’m grateful for what David built, including the strong management team that he leaves in place.”