Commercial Vehicle Group, Inc., together with its subsidiaries, designs, manufactures, produces, and sells components and assemblies to the global vehicle and the U.S. technology integrator markets in North America, Europe, and the Asia-Pacific regions. It operates in two segments, Electrical Systems and Global Seating. The Electrical Systems segment offers electrical wire harness assemblies that function as current carrying devices in providing electrical interconnections for gauges, lights, control functions, power circuits, powertrain and transmission sensors, emissions systems, and other electronic applications on commercial and other vehicles; and panel assemblies. It also offers electro-mechanical assemblies, such as box builds, complex automated and robotic assemblies, and large multi-cabinet control cabinets with power distribution and cabling; vinyl or cloth-covered appliqués, armrests, map pocket compartments, and sound-reducing insulations; instrument panels; and plastics decorating and finishing products. In addition, this segment provides cab structures; design products, including armrests, grab handles, storage systems, floor coverings, floor mats, sleeper bunks, headliners, wall panels, and privacy curtains; and mirrors, wipers, and controls used in commercial, military and specialty recreational vehicles. The Global Seating segment offers seats and seating systems, such as mechanical and air suspension, static and military seats, and bus, as well as seats for medium-and heavy-duty trucks (MD/HD trucks); office seating products; and seats, parts, and components for the aftermarket. The company supplies its products and systems for the commercial vehicle market comprising the MD/HD truck market; and MD/HD truck, bus, construction, mining, agricultural, military, industrial, municipal, off-road recreational, and specialty vehicle markets. Commercial Vehicle Group, Inc. was founded in 2000 and is headquartered in New Albany, Ohio.
IPO Year: 2004
Exchange: NASDAQ
Website: cvgrp.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/1/2022 | $10.00 | Outperform | Noble Capital Markets |
Woodson Equity announced today the acquisition of the assets of the First Source Electronics business from Commercial Vehicle Group (NASDAQ:CVGI). First Source Electronics is a leading provider of automation solutions for warehouses, industrial sectors, and other critical industries. Trusted by global blue-chip corporations, First Source Electronics offers control panels, electro mechanical systems, and cable assemblies. First Source Electronics' patented micro fulfillment offering, STACC, is revolutionizing warehouse automation, with its modular and scalable design, utilizing the latest in AI technology. Subir Shah, Operations Executive at Woodson Equity stated, "We would like to welco
NEW ALBANY, Ohio, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (the "Company" or "CVG") (NASDAQ:CVGI), a diversified industrial products and services company, announced that Carlos Jimenez, who briefly held the role of Executive Vice President, Global Operations and Supply Chain, is resigning from the Company effective immediately for personal reasons that would prevent him from fulfilling his responsibilities at CVG. Mr. Jimenez's resignation is not due to any concerns with the Company. The Company is in the process of conducting a comprehensive search for a permanent replacement to lead Global Operations and Supply Chain. In the interim period, James Ray, President and Chi
Third quarter sales of $172 million, EPS of $(0.03), Adjusted EBITDA of $4.3 millionMakes progress on strategic portfolio actionsProvides updated guidance for full year 2024 NEW ALBANY, Ohio, Nov. 04, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ:CVGI), a diversified industrial products and services company, today announced financial results for its third quarter ended September 30, 2024. As a result of strategic portfolio actions, results from the Cab Structures and Industrial Automation businesses have been reclassified to discontinued operations for current and prior periods. The results and comparisons presented below reflect continuing operations unless otherwise noted. Third Quarter 2024 H
NEW ALBANY, Ohio, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (the "Company" or "CVG") (NASDAQ:CVGI), a diversified industrial products and services company, is pleased to announce the appointment of two leaders to its executive leadership team. Peter Lugo joins the Company as President of our Electrical Systems segment, effective November 1, 2024. Mr. Lugo succeeds Richard Tajer, who will remain an employee of the Company until December 31, 2024. In addition, Carlos Jimenez has joined as Executive Vice President, Global Operations and Supply Chain. These appointments support CVG's goals of growing its Electrical Systems business and improving overall operational execution,
NEW ALBANY, Ohio, Oct. 22, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ:CVGI) will hold its quarterly conference call on Tuesday, November 5, 2024, at 8:30 a.m. ET, to discuss third quarter 2024 financial results. CVG will issue a press release and presentation prior to the conference call. Toll-free participants dial (800) 549-8228 using conference code 04909. International participants dial (289) 819-1520 using conference code 04909. This call is being webcast and can be accessed through the "Investors" section of CVG's website at ir.cvgrp.com where it will be archived for one year. A telephonic replay of the conference call will be available until November 19, 2024. To access the replay, toll
NEW ALBANY, Ohio, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (the "Company" or "CVG") (NASDAQ:CVGI), a diversified industrial products and services company, announced it has completed the sale, effective October 1, 2024, of its Cab Structures business with operations in Kings Mountain, North Carolina to a Volvo Group company. As part of the sale, CVG received a total of $40 million, with $20 million received on September 6, 2024, and the remaining $20 million received on October 1, 2024. James Ray, President and CEO of CVG, stated, "This is a positive transaction for both companies and supports CVG's efforts to optimize our portfolio toward higher-growth products and marke
NEW ALBANY, Ohio, Sept. 16, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ:CVGI) announced today that James Ray, President and Chief Executive Officer, and Andy Cheung, Executive Vice President and Chief Financial Officer, will present virtually at the Sidoti Small-Cap Virtual Conference on September 19, 2024, at 11:30 a.m. ET. A link to the webcast and associated presentation materials can be accessed through the investor section of the Company's website at cvgrp.com. Management will also meet virtually with investors registered for the conference. For further information, please contact [email protected] About CVG At CVG, we deliver real solutions to complex design, engineering and manufacturi
NEW ALBANY, Ohio, Sept. 09, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ:CVGI) announced today that James Ray, President and Chief Executive Officer and Andy Cheung, Executive Vice President and Chief Financial Officer, will meet with investors registered at the Barrington Research Virtual Fall Investment Conference on September 12, 2024. A link to the presentation materials to be used in the meetings will be accessible through the investor section of the Company's website at cvgrp.com. For further information, please contact [email protected] About CVG At CVG, we deliver real solutions to complex design, engineering and manufacturing problems while creating positive change for our cust
EPS of $(0.05), Adjusted EPS of $0.06, reflecting additional restructuring activity Adjusted EBITDA of $10.0 million, free cash flow of $6.4 million Strategic actions taken to strengthen Vehicle Solutions Business Provides updated guidance for full year 2024 NEW ALBANY, Ohio, Aug. 05, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ:CVGI), a diversified industrial products and services company, today announced financial results for its second quarter ended June 30, 2024. Second Quarter 2024 Highlights (Compared with prior year, where comparisons are noted) Revenues of $229.9 million, down 12.3%, due primarily to a global softening in customer demand.Operating income of $0.8 million, down 95.2%;
Divestiture streamlines CVG's focus Important milestone in ongoing long-term growth strategy NEW ALBANY, Ohio, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (the "Company" or "CVG") (NASDAQ:CVGI), a diversified industrial products and services company, today announced it reached an agreement to sell its Cab Structures business with operations in Kings Mountain, North Carolina to a Volvo Group company, effective July 31, 2024. The net proceeds of the transaction are expected to be $40 million, with closure expected in the second half of 2024. The Company expects the majority of proceeds to be used for debt paydown and other general corporate purposes. The Cab Structures b
4 - Commercial Vehicle Group, Inc. (0001290900) (Issuer)
4 - Commercial Vehicle Group, Inc. (0001290900) (Issuer)
4 - Commercial Vehicle Group, Inc. (0001290900) (Issuer)
4 - Commercial Vehicle Group, Inc. (0001290900) (Issuer)
4 - Commercial Vehicle Group, Inc. (0001290900) (Issuer)
4 - Commercial Vehicle Group, Inc. (0001290900) (Issuer)
4 - Commercial Vehicle Group, Inc. (0001290900) (Issuer)
4 - Commercial Vehicle Group, Inc. (0001290900) (Issuer)
4 - Commercial Vehicle Group, Inc. (0001290900) (Issuer)
4 - Commercial Vehicle Group, Inc. (0001290900) (Issuer)
- SEC Filing
With U.S. stock futures trading mixed this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects The Walt Disney Company (NYSE:DIS) to report quarterly earnings at $1.10 per share on revenue of $22.12 billion before the opening bell, according to data from Benzinga Pro. Disney shares rose 0.4% to $116.88 in after-hours trading. UBS Group AG (NYSE:UBS) posted better-than-expected results for its first quarter on Monday. UBS shares gained 0.5% to $27.73 in the after-hours trading session. Analysts are expecting Electronic Arts Inc. (NASDAQ:EA) to post quarterly earnings at $1.52 per share on revenue of $1.77 billion. The company
Commercial Vehicle Group (NASDAQ:CVGI) reported quarterly earnings of $0.13 per share which missed the analyst consensus estimate of $0.18 by 27.78 percent. The company reported quarterly sales of $232.068 million which missed the analyst consensus estimate of $240.875 million by 3.66 percent. This is a 11.66 percent decrease over sales of $262.709 million the same period last year.
Ratings for Commercial Vehicle Group (NASDAQ:CVGI) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 4 0 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 3 0 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $10.0, a high estimate of $10.00, and a low estimate of $10.00. No alteration is observed as the current ave
Barrington Research analyst Gary Prestopino maintains Commercial Vehicle Group (NASDAQ:CVGI) with a Outperform and maintains $10 price target.
Barrington Research analyst Gary Prestopino reiterates Commercial Vehicle Group (NASDAQ:CVGI) with a Outperform and maintains $10 price target.
Barrington Research analyst Gary Prestopino reiterates Commercial Vehicle Group (NASDAQ:CVGI) with a Outperform and maintains $10 price target.
"Despite industry forecasts for a lower Class 8 truck build in 2024, we expect our financial performance in 2024 to be more resilient as we continue our diversification strategy reflecting primarily the success in growing our Electrical Systems business," said Andy Cheung, Chief Financial Officer
Commercial Vehicle Group (NASDAQ:CVGI) reported quarterly Adj earnings of $0.09 per share which missed the analyst consensus estimate of $0.14 by 35.71 percent. This is a 125 percent increase over earnings of $0.04 per share from the same period last year. The company reported quarterly sales of $223.10 million which missed the analyst consensus estimate of $226.24 million by 1.39 percent. This is a 5.03 percent decrease over sales of $234.92 million the same period last year.
4 - Commercial Vehicle Group, Inc. (0001290900) (Issuer)
4 - Commercial Vehicle Group, Inc. (0001290900) (Issuer)
4 - Commercial Vehicle Group, Inc. (0001290900) (Issuer)
4 - Commercial Vehicle Group, Inc. (0001290900) (Issuer)
4 - Commercial Vehicle Group, Inc. (0001290900) (Issuer)
Woodson Equity announced today the acquisition of the assets of the First Source Electronics business from Commercial Vehicle Group (NASDAQ:CVGI). First Source Electronics is a leading provider of automation solutions for warehouses, industrial sectors, and other critical industries. Trusted by global blue-chip corporations, First Source Electronics offers control panels, electro mechanical systems, and cable assemblies. First Source Electronics' patented micro fulfillment offering, STACC, is revolutionizing warehouse automation, with its modular and scalable design, utilizing the latest in AI technology. Subir Shah, Operations Executive at Woodson Equity stated, "We would like to welco
Third quarter sales of $172 million, EPS of $(0.03), Adjusted EBITDA of $4.3 millionMakes progress on strategic portfolio actionsProvides updated guidance for full year 2024 NEW ALBANY, Ohio, Nov. 04, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ:CVGI), a diversified industrial products and services company, today announced financial results for its third quarter ended September 30, 2024. As a result of strategic portfolio actions, results from the Cab Structures and Industrial Automation businesses have been reclassified to discontinued operations for current and prior periods. The results and comparisons presented below reflect continuing operations unless otherwise noted. Third Quarter 2024 H
NEW ALBANY, Ohio, Oct. 22, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ:CVGI) will hold its quarterly conference call on Tuesday, November 5, 2024, at 8:30 a.m. ET, to discuss third quarter 2024 financial results. CVG will issue a press release and presentation prior to the conference call. Toll-free participants dial (800) 549-8228 using conference code 04909. International participants dial (289) 819-1520 using conference code 04909. This call is being webcast and can be accessed through the "Investors" section of CVG's website at ir.cvgrp.com where it will be archived for one year. A telephonic replay of the conference call will be available until November 19, 2024. To access the replay, toll
EPS of $(0.05), Adjusted EPS of $0.06, reflecting additional restructuring activity Adjusted EBITDA of $10.0 million, free cash flow of $6.4 million Strategic actions taken to strengthen Vehicle Solutions Business Provides updated guidance for full year 2024 NEW ALBANY, Ohio, Aug. 05, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ:CVGI), a diversified industrial products and services company, today announced financial results for its second quarter ended June 30, 2024. Second Quarter 2024 Highlights (Compared with prior year, where comparisons are noted) Revenues of $229.9 million, down 12.3%, due primarily to a global softening in customer demand.Operating income of $0.8 million, down 95.2%;
NEW ALBANY, Ohio, July 26, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ:CVGI) will hold its quarterly conference call on Tuesday, August 6, 2024, at 8:30 a.m. ET, to discuss second quarter 2024 financial results. CVG will issue a press release and presentation prior to the conference call. Toll-free participants dial (800) 549-8228 using conference code 11335. International participants dial (289) 819-1520 using conference code 11335. This call is being webcast and can be accessed through the "Investors" section of CVG's website at ir.cvgrp.com where it will be archived for one year. A telephonic replay of the conference call will be available until August 20, 2024. To access the replay, toll-fr
EPS of $0.09, Adjusted EBITDA of $12.7 millionElectrical Systems revenues up 1.9% year-over-year despite a softening in end marketsReaffirming full-year Revenue and Adjusted EBITDA guidance ranges NEW ALBANY, Ohio, May 06, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ:CVGI), a diversified industrial products and services company, today announced financial results for its first quarter ended March 31, 2024. First Quarter 2024 Highlights (Compared with prior year, where comparisons are noted) Revenues of $232.1 million, down 11.6% due primarily to a softening in customer demand, partially offset by an increase in Electrical Systems sales.Operating income of $6.6 million, down 55.1%; adjusted opera
NEW ALBANY, Ohio, April 23, 2024 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (the "Company" or "CVG") (NASDAQ:CVGI) will hold its quarterly conference call on Tuesday, May 7, 2024, at 10:00 a.m. ET, to discuss first quarter 2024 financial results. CVG will issue a press release and presentation prior to the conference call. Toll-free participants dial (800) 549-8228 using conference code 16332. International participants dial (646) 564-2877 using conference code 16332. This call is being webcast and can be accessed through the "Investors" section of CVG's website at ir.cvgrp.com where it will be archived for one year. A telephonic replay of the conference call will be available unt
Fourth quarter sales of $223 million, record annual sales of $995 million Full year adjusted EBITDA margins increased by 140 bps to 6.8% Provides outlook and guidance for full year 2024 NEW ALBANY, Ohio, March 04, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ:CVGI), a diversified industrial products and services company, today announced financial results for its fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Highlights (Compared with prior-year period, where comparisons are noted) Revenue of $223.1 million, down 5.0% due primarily to the impacts of a strike-related labor stoppage at a customer facility and reduced demand across Vehicle Solutions, Industrial Automation
NEW ALBANY, Ohio, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (the "Company" or "CVG") (NASDAQ:CVGI) will hold its quarterly conference call on Tuesday, March 5, 2024, at 10:00 a.m. ET, to discuss fourth quarter and full year 2023 financial results. CVG will issue a press release and presentation prior to the conference call. Toll-free participants dial (888) 259-6580 using conference code 88986985. International participants dial (416) 764-8624 using conference code 88986985. This call is being webcast and can be accessed through the "Investors" section of CVG's website at ir.cvgrp.com where it will be archived for one year. A telephonic replay of the conference call will
NEW ALBANY, Ohio, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (the "Company" or "CVG") (NASDAQ:CVGI) will hold its quarterly conference call on Thursday, November 2, 2023, at 10:00 a.m. ET, to discuss third quarter 2023 financial results. CVG will issue a press release and presentation prior to the conference call. Toll-free participants dial (888) 259-6580 using conference code 93330617. International participants dial (416) 764-8624 using conference code 93330617. This call is being webcast and can be accessed through the "Investors" section of CVG's website at ir.cvgrp.com where it will be archived for one year. A telephonic replay of the conference call will be availab
SC 13G/A - Commercial Vehicle Group, Inc. (0001290900) (Subject)
SC 13G/A - Commercial Vehicle Group, Inc. (0001290900) (Subject)
SC 13G/A - Commercial Vehicle Group, Inc. (0001290900) (Subject)
SC 13G/A - Commercial Vehicle Group, Inc. (0001290900) (Subject)
SC 13G - Commercial Vehicle Group, Inc. (0001290900) (Subject)
SC 13G/A - Commercial Vehicle Group, Inc. (0001290900) (Subject)
SC 13G/A - Commercial Vehicle Group, Inc. (0001290900) (Subject)
SC 13G/A - Commercial Vehicle Group, Inc. (0001290900) (Subject)
SC 13G/A - Commercial Vehicle Group, Inc. (0001290900) (Subject)
SC 13G/A - Commercial Vehicle Group, Inc. (0001290900) (Subject)
Noble Capital Markets initiated coverage of Commercial Vehicle Group with a rating of Outperform and set a new price target of $10.00
10-Q - Commercial Vehicle Group, Inc. (0001290900) (Filer)
8-K - Commercial Vehicle Group, Inc. (0001290900) (Filer)
8-K - Commercial Vehicle Group, Inc. (0001290900) (Filer)
8-K - Commercial Vehicle Group, Inc. (0001290900) (Filer)
8-K - Commercial Vehicle Group, Inc. (0001290900) (Filer)
10-Q - Commercial Vehicle Group, Inc. (0001290900) (Filer)
8-K - Commercial Vehicle Group, Inc. (0001290900) (Filer)
8-K - Commercial Vehicle Group, Inc. (0001290900) (Filer)
8-K - Commercial Vehicle Group, Inc. (0001290900) (Filer)
8-K - Commercial Vehicle Group, Inc. (0001290900) (Filer)
NEW ALBANY, Ohio, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (the "Company" or "CVG") (NASDAQ:CVGI), a diversified industrial products and services company, is pleased to announce the appointment of two leaders to its executive leadership team. Peter Lugo joins the Company as President of our Electrical Systems segment, effective November 1, 2024. Mr. Lugo succeeds Richard Tajer, who will remain an employee of the Company until December 31, 2024. In addition, Carlos Jimenez has joined as Executive Vice President, Global Operations and Supply Chain. These appointments support CVG's goals of growing its Electrical Systems business and improving overall operational execution,
NEW ALBANY, Ohio, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Commercial Vehicle Group ("CVG" or the "Company") (NASDAQ:CVGI), a global leader in the design and manufacturing of electrical systems, vehicle components and accessories, plastic products and robotic assemblies, today announced that its Board of Directors has appointed James Ray as the Company's next President and Chief Executive Officer. On December 20, 2023, he will replace Interim CEO Robert Griffin, who will continue in his role as Chairman of the Board of Directors for CVG. The appointment of Mr. Ray follows an extensive, global search process led by international, executive search firm Heidrick & Struggles. The Board thanked Mr.
NEW ALBANY, OH / ACCESSWIRE / October 30, 2023 / Commercial Vehicle Group (CVG) (NASDAQ:CVGI), a global leader in the design and manufacturing of electrical systems, mechanical components, and vehicle accessories, announced today that Corinne Ross has been appointed President, Aftermarket & Accessories. Ross will oversee CVG's global aftermarket and accessories business segment.Corinne Ross - President, Aftermarket & Accessories at CVG Ross comes to CVG after 16 years with German-based Freudenberg Sealing Technologies, a leading sealing technology company, where she served as Vice President, Corteco North America, Aftermarket Division. In that role, she led regional sales; marketing; supply
NEW ALBANY, Ohio, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (the "Company" or "CVG") (NASDAQ:CVGI) announced today that its Board of Directors (the "Board") has elected Melanie K. Cook as an independent director to the Board, effective September 26, 2023. Ms. Cook will serve on the Audit and Compensation committees of the Board. Ms. Cook will stand for re-election at the Company's 2024 Annual Meeting of Stockholders. Ms. Cook, 51, brings tremendous operating experience and expertise in a multitude of business areas. Ms. Cook retired as Chief Operating Officer of GE Appliances (a global appliance manufacturer and a Haier Company). Her professional experience includes: Ch
CHARLOTTE, N.C., May 09, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, today announced the appointment of Harold Bevis as President and Chief Executive Officer effective May 22, 2023. Mr. Bevis will succeed Warren Veltman, who will retire just prior to the new CEO start date, in alignment with the planned executive transition announced November 1, 2022. Jeri Harman, Chairman of the Board of NN, commented, "The Board of NN is pleased to welcome Harold Bevis as the Company's new President and Chief Executive Officer. Harold brings an impressive track record of operational excellence and dr
CVG places Ketteringham at the helm of its Vehicle Solutions business segment for North America and Europe as the company continues to focus on profits, targeted growth and free cash flowNEW ALBANY, OH / ACCESSWIRE / March 8, 2023 / CVG (NASDAQ:CVGI) announced today that Russell Ketteringham has been appointed to the role of President of Vehicle Solutions - North America and Europe, effective March 1, 2023. In this newly formed role, Ketteringham will oversee CVG's North American and European OE seating, cab structures, trim systems and plastics parts businesses.Russell Ketteringham, President Vehicle Solutions at CVG Ketteringham comes to CVG after 25 years with Germany-based BOS Automoti
NEW ALBANY, Ohio, Sept. 14, 2022 (GLOBE NEWSWIRE) -- CVG (NASDAQ:CVGI) announced today that Andy Cheung has been appointed to the role of Executive Vice President and Chief Financial Officer, effective Oct. 11, 2022. Prior to this appointment, Cheung spent more than 25 years at Johnson Controls, progressing through a variety of roles and departments, including positions in finance, general management, procurement, and corporate development. He has held a number of senior-level positions throughout his career, and lived and worked in Japan, China, Belgium, and the United States during his tenure. Cheung is joining CVG directly from Johnson Controls, where he was most recently serving as
NEW ALBANY, Ohio, June 10, 2022 (GLOBE NEWSWIRE) -- CVG (NASDAQ:CVGI) announced today that Minja Zahirovic has been appointed to the role of President of Warehouse Automation. This new role was created to advance the company's warehouse automation program as it continues strategic expansion in the market. "Automated material handling is a strong growth industry fueled in part by e-commerce and labor shortages. CVG has a small position in this huge global industry with the intention to grow and strengthen our customer roster and solutions portfolio," said CVG President and CEO Harold Bevis. "Minja is a leader in the industry who will provide big wins for the business and bring better valu
NEW ALBANY, Ohio, May 04, 2022 (GLOBE NEWSWIRE) -- CVG (NASDAQ:CVGI) announced this week that Daniel (Dan) Mehringer has been appointed Senior Vice President of Strategic Planning and Business Development. As part of his responsibilities in this new role, Mehringer will be instrumental in leading new value-creation by overseeing the acceleration of CVG's strategic initiatives, mergers and acquisitions, and marketing initiatives. "Dan has a proven record of strategically growing highly regarded companies across the global marketplace, especially within the EV space," said CVG President and CEO Harold Bevis. "Dan is walking in the door game-ready and with an excellent network, and bringing
NEW ALBANY, Ohio, April 21, 2022 (GLOBE NEWSWIRE) -- CVG (NASDAQ:CVGI) announced this week that Jeffrey (Jeff) Tritapoe has been appointed Senior Vice President of Operations. In this newly created role, Jeff will be instrumental in unifying the company's procurement processes and logistics while ensuring global operational standardization. "Jeff will be an invaluable leader for our global operations team as we focus on increasing our productivity, improving our quality, and adapting our competitive edge to the post-Covid world," said CVG President and CEO Harold Bevis. "His proven ability to help businesses succeed through operational excellence will help CVG reach even greater heights,