CVGI raises CEO total target comp to $4.0M; COO target to $1.01M

Commercial Vehicle Group, Inc.

CEO Harold Bevis total target compensation set at $4.0M (base $825k, cash incentive $825k, LTI $2.35M) effective Jan 1, 2023.
Over 75% of CEO compensation is incentive-based; increase reflects improved financial performance and transition to higher-margin businesses.
Chief Commercial Officer Rich Tajer total target compensation set at $1,012,500 (base $375k, cash incentive at 70% of base, LTI at 100% of base).
Changes approved by Board on Dec 22, 2022, effective Jan 1, 2023.

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