secwatch.observer — SEC 8-K summary
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Issuer:     Commercial Vehicle Group, Inc. (CVGI)
CIK:        0001290900
Form:       8-K
Filed at:   2022-12-28T23:59:59+00:00
Accession:  0001628280-22-032629
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1290900/000162828022032629/0001628280-22-032629-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1290900/000162828022032629/cvgi-20221222.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-032629

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer