Jim Hammil leaving Roadtrek/Hymer?

[gregmchugh]

Originally Posted by RossWilliams

" falling back on the age old internet argument of using "inadequate proof""

Ah yes, the age old argument. I read it on the internet, it must be true.

I read this on the internet but I think it might be true...


https://www.marketwatch.com/press-re...ion-2019-01-21

[stevegoldfield]

Here is the latest on the Thor acquisition of Hymer. Hymer North America is now excluded from the deal. https://www.marketwatch.com/press-re...ion-2019-01-21 Now, I'm really interested to know how this will affect my 2-year warranty and the availability of spare parts in the future.

[wincrasher]

Originally Posted by stevegoldfield

Here is the latest on the Thor acquisition of Hymer. Hymer North America is now excluded from the deal. https://www.marketwatch.com/press-re...ion-2019-01-21 Now, I'm really interested to know how this will affect my 2-year warranty and the availability of spare parts in the future.

If there is anything truly proprietary to Roadtrek parts-wise, I'd try to order it now, so you have it just in case they go belly up or shut-down.

[wincrasher]

Originally Posted by booster

Thor may have given him a heads up that he wouldn't be able to use the names in the future and he is getting ready for that time.


Campskunk and Hammill were really tight, by all accounts, so this will certainly be hard on him. It is also likely that he has been getting some kind of consulting fees from them also so those would certainly be gone now. This will be a tough deal for both Campskunk and Yan Seiner.

Couldn't happen to a nicer guy if you ask me. Lay down with dogs and you wake up with fleas!

[booster]

Originally Posted by wincrasher

If there is anything truly proprietary to Roadtrek parts-wise, I'd try to order it now, so you have it just in case they go belly up or shut-down.

Their complex and unreliable charging and battery systems could be a real problem for folks if they go fully under. I would have to assume someone would step in with a retrofit kit to other technology/supplier, but that will not be cheap or easy.

[stevegoldfield]

Hymer is much more than Roadtrek. I have a Carado Banff, for example, not a Roadtrek. In any case, it's more complicated than that. Many of the items (refrigerator, microwave, awning, etc.) are warrantied by their manufacturers. However, there is no way to know now what Hymer-warrantied items might fail in advance, and I'm certainly not going to stock up on all of them. I have had two warranty claims so far: a missing nut for one of the two bolts that attaches the TV to its holder and broken plastic clamps on the awning. I could have picked up the appropriate nut myself and not spent much, but Hymer sent it to me. The awning repair was covered by the awning manufacturer. In the USA, vehicle manufacturers are required to have spare parts for s specified amount of time, but I'm not sure whether that would apply to a company which shuts down operations and one that is based in Canada. I'm sure we'll find that out in the near future.

[gregmchugh]

More info...

https://roadtreking.com/roadtrek-hymer-scandal/

[GeorgeB]

Thanks for all the updates on this scandal.



They should have fired the management ...in 2016!

...If I would be the new owner I would fire the NA EHG management on the spot!... GeorgeB 10-12-2016, 08:21 PM

http://www.classbforum.com/forums/f5...ls-5904-4.html




.

[wincrasher]

Originally Posted by gregmchugh

More info...

https://roadtreking.com/roadtrek-hymer-scandal/

Mike is making a smart play - making himself relevant in the ongoing breaking news, and appearing impartial, yet sympathetic. I expect in the days ahead, Mike will get an "exclusive" interview with Jim Hammill, so he can get his "real" story out there to the public.

LOLs!

[ClassB4Me]

Originally Posted by GeorgeB

Thanks for all the updates on this scandal.
They should have fired the management ...in 2016!
.

Maybe we are being too harsh on Mr. Hammill. I went back to a podcast in 2017 to get a better sense of the man.

Episode 138: Straight Talk from Jim Hammill about the RV Industry
by Mike Wendland | May 3, 2017

@33:50 I heard something that needs to be fact-checked
I'm 50 years old
Are the winter seasons that brutal in Kitchener Ontario?



Erwin Hymer Group CEO Martin Brandt (58 yo), left, and the company's North American leader, Jim Hammill (51 yo?).

Jim may not survive a long prison term

[Learning]

Originally Posted by Rvtech

Most of them should have the inverter in the back under the sofa. If not take a picture of the back with the doors open and in the inside and I will tell you where and if u have one. If there is an inverter u should see a switch labeled inverter on the monitor panel

Thanks RVTech ... I'm also trying to determine if the inverters in my new unit are the ones with the potential problems. I have a 2019 CS Adventurous and believe there are two inverters - one in the back under the couch on the left hand side as you face it from the rear doors, and a 2nd that is under the sink and controls the induction stove (and maybe insta-hot water). Both are labelled as "KS2 Corp, Inc", "Pure Sine Wave Charger / Inverter: 3000 W" and "Made in China".

Thanks very much for your help.

And I hope that you are able to weather this storm and come out OK on the other side, whatever that might be.

[Rvtech]

Originally Posted by Learning

Thanks RVTech ... I'm also trying to determine if the inverters in my new unit are the ones with the potential problems. I have a 2019 CS Adventurous and believe there are two inverters - one in the back under the couch on the left hand side as you face it from the rear doors, and a 2nd that is under the sink and controls the induction stove (and maybe insta-hot water). Both are labelled as "KS2 Corp, Inc", "Pure Sine Wave Charger / Inverter: 3000 W" and "Made in China".

Thanks very much for your help.

And I hope that you are able to weather this storm and come out OK on the other side, whatever that might be.

The 3k inverters do have a lot of problems so you do have a unit with the possibly charging problem and they overheat. you did buy a nice unit tho despite the inverters lol

yeah it's pretty cold these last few days. you will see me on the news tonight channel 12 CTV kitchener i talk more about whats going on. have been on it every EHG report

[dicktill]

Originally Posted by RossWilliams

He didn't deny it. He must be guilty!

He denied it.

He's a liar.

That is exactly how the rumor mill works once it gets started. People state their "opinion" based on a gossamer of rumor and then are unwilling to consider anything that contradicts it.

Let's see, if it walks like a duck, and quacks like a duck, ...

Where are you now on this?

[Ron J. Moore]

The Forensic Accountants live for this type of work.....those figures don't lie. Ron

[Glamper]

Hammill is out and it is despicable how management handled this. In addition there have been many layoffs just last week. "CEO Jim Hammill, chief financial officer Mark Weigel and chief operating officer Howard Stratton have been terminated effective immediately. At least one of the executives was escorted from the company property. An investigation was launched regarding financial impropriety. The charges are far reaching and could have devastating consequences for the firm’s future worldwide, the sources noted. Among the allegations are charges that 1,700 invoices may have been fabricated in that the vehicle identification numbers for the Class B motorhomes do not correlate to any vehicles produced by the firm."

Report: Erwin Hymer In Tatters Amidst C-Suite Embezzlement | RV Miles

[<<B-Guy>>]

Originally Posted by Glamper

Hammill is out and it is despicable how management handled this. ]

In what way? not sure what you mean?

[Ron J. Moore]

"CEO Jim Hammill, chief financial officer Mark Weigel and chief operating officer Howard Stratton have been terminated effective immediately. At least one of the executives was escorted from the company property.

Seen a couple of these "escorted types" - in both cases it was the Chief Financial Officer....separate him from cleaning out his desk, files, anything. Time will tell. Ron

[RossWilliams]

There is a lot of apparent misinformation out there. If you believe the official statements, top management has not been "terminated", they have been put on leave while the company records are audited. That may be the same thing, but it sounds like Hymer is approaching the situation with a lot cooler heads than all the hysteria out there would justify.

[ClassB4Me]

Originally Posted by RossWilliams

If you believe the official statements, top management has not been "terminated", they have been put on leave while the company records are audited.

I believe the official statements because they have probably been crafted and reviewed by internal (German) legal counsel. If an audit turns up what appears to be potential embezzlement (which is a crime), step one is to remove the potential bad actors from the space so they cannot cover their tracks.

However, to take this step and remove these leaders from their roles (via suspension) in such a public fashion is not done lightly. The CEO of EHG NA has been very careful with his statements but who disclosed the following?

According to Mike Wendland
In preparing a financial audit of the North American operation for the sale, Hymer accountants discovered extremely serious financial “irregularities.” News reports unconfirmed by EHG but so far undisputed by the company allege that they involved false invoices paid to family members of key managers, falsified titles, inflated sales figures, inventory discrepancies and other problems totaling between $70 and $100 million.

[RossWilliams]

Mike Wendland seems to be giving a lot of credence to unconfirmed reports.