Chairman Robert Griffin to retire; retention bonuses approved for three executives

Commercial Vehicle Group, Inc.

Chairman Robert C. Griffin to retire effective May 15, 2025, after 20 years on board; William C. Johnson expected to succeed as Chairman.
Retention agreements for CFO Andy Cheung ($480k), CLO Aneezal Mohamed ($290k), and CHRO Kristin Mathers ($285k), vesting March 31, 2027.
Retention bonuses forfeited if executive leaves before vesting, except if terminated without cause.
CEO James Ray already covered by change-in-control agreement, per compensation committee.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Robert C. Griffin

Chairman of the Board

CVGI · Commercial Vehicle Group, Inc.

Successor: William C. Johnson
Filed: April 7, 2025, 7:59 PM ET

On April 2, 2025, Robert C. Griffin, a director of the Company since July 2005, and current Chairman of the Board of the Company, informed the Company that he will be retiring from the Board of the Company, without standing for re-election at the 2025 Annual Meeting of Stockholders.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Robert C. Griffin departed as Chairman of the Board at Commercial Vehicle Group, Inc..

Action: retiring
Role: Chairman of the Board

Exact text from the filing

On April 2, 2025, Robert C. Griffin, a director of the Company since July 2005, and current Chairman of the Board of the Company, informed the Company that he will be retiring from the Board of the Company, without standing for re-election at the 2025 Annual Meeting of Stockholders.

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Commercial Vehicle Group, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-25-016966

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