In a low-key personal statement on Facebook, Horizon Hobby Losi President Bill Jeric announced that he had parted ways from the company, having been in charge of the RC heavyweight since October 2007 –
I want to let you know that as of today I am no longer an employee of Horizon Hobby. Although not my choice to leave, I have nothing but gratitude and appreciation for the 12+ years I spent there. I have confidence in what the future holds for me and look forward to the next career steps in an industry that I truly love. Stay tuned!!
Horizon Hobby are one of the largest companies in RC market today, owning the Losi, TLR, Dynamite, Spektrum not to mention prominent ‘air & flight’ brands with something in the region of 700 employees.