Highest-materiality recent filing
CVGI sells 2.6M shares under ATM, raises $11.6M to pay down term loan
Entered Capital on Demand Sales Agreement with JonesTrading on June 18, 2026 for up to $25M of common stock.
CVGI enters into $25M at-the-market equity sales agreement with JonesTrading
Up to $25M of common stock may be sold from time to time through JonesTrading as sales agent.
CVGI stockholders approve all proposals at 2026 annual meeting
All seven director nominees elected: Cook, Johnson, Levy, Nauman, Niew, Rancourt, Ray; votes for ranged 17.3M-17.7M.
CVG Q1 revenue up 1% to $171.5M; EPS $0.03; adjusted EBITDA $4.8M, down 17%
Revenue $171.5M (+1% YoY); GAAP net income $0.9M ($0.03 diluted EPS) vs loss of $3.1M in Q1 2025.
CEO James Ray returns 85,031 shares; 2025 stock award cancelled due to plan limits
CEO Ray surrendered 85,031 unvested restricted shares for no consideration to cure Plan share limitation.
CVG completes $16M sale-leaseback of Vonore facility; nets ~$14.6M to pay down debt
Sold Vonore, TN manufacturing facility for $16M; net proceeds ~$14.6M after tax and costs.
Commercial Vehicle Group CFO Andy Cheung resigning; Angie O'Leary named Interim CFO
Andy Cheung resigns as CFO effective April 15, 2026 to become CFO of another mid-cap public company.
CVG reports Q4 2025 revenue $154.8M, down 5.2%; guides FY 2026 sales $660-700M
Q4 revenue $154.8M (-5.2% YoY); net loss $6.4M ($0.19/share) vs $35M loss prior year; adjusted EBITDA $2.3M (+155.6%).
Commercial Vehicle Group appoints Ari Levy to board; enters standstill with Lakeview (8.9% holder)
Ari Levy, founder of Lakeview Investment Group, appointed independent director effective Feb 5, 2026.
CVG Q3 2025: revenue down 11% to $152.5M, net loss $6.8M, guidance lowered
Net loss from continuing ops $6.8M ($0.20 diluted EPS) vs $0.9M loss a year ago; adjusted net loss $4.6M ($0.14).
CVG realigns reportable segments; recasts historical financials to reflect new structure
Effective January 1, 2025, CVG reorganized into three segments: Global Electrical Systems, Global Seating, and Trim Systems and Components.
Revenue $172.0M, down 11.2% YoY; net loss from continuing ops $4.1M ($(0.12) EPS) vs net loss $1.3M ($(0.04)) prior year.
CVGI COO Scott Reed resigns; director Ruth Gratzke leaves board; board cuts to six
COO Scott Reed resigns to pursue consulting, effective August 29, 2025.
CVG secures $210M in senior secured credit facilities, extends maturity to 2030
$95M term loan with TCW at SOFR+9.75% and $115M ABL with BofA at SOFR+1.75%, both maturing June 27, 2030.
All seven director nominees elected with >88% of votes cast; broker non-votes of 6,165,593 shares.
CVGI Q1 net loss $0.09/diluted share; revenue down 12.7% to $169.8M; updates FY2025 guidance
Revenue $169.8M (-12.7% YoY); net loss from cont. ops $3.1M or $(0.09) diluted EPS; adjusted net loss $(0.08).
Chairman Robert Griffin to retire; retention bonuses approved for three executives
Chairman Robert C. Griffin to retire effective May 15, 2025, after 20 years on board; William C. Johnson expected to succeed as Chairman.
CVG Q4 2024 revenue down 15.7% to $163.3M; net loss $35M; guides FY2025 sales $670-710M
Q4 2024 operating loss of $5.3M vs operating income of $4.1M YoY; adjusted EBITDA down 89.2% to $0.9M.
CVG appoints Scott Reed as COO; Don Fishel departs after 14 years
Scott Reed named COO effective Feb 13; reports to CEO, oversees global manufacturing and supply chain.
CVG reorganizes into three business segments effective Jan 1, 2025
New segments: Global Electrical Systems, Global Seating, and Trim Systems and Components.
CVGI amends credit facility, cuts term loan to $85M and revolver to $125M
Term loan reduced to $85M aggregate principal; revolver reduced by $25M to $125M.
CVG elects Jeffrey S. Niew to Board as independent director, effective Dec 16, 2024
Jeffrey S. Niew (58) elected to CVG Board effective December 16, 2024, serving until 2025 annual meeting.
CVG Q3 revenue down 15.3% to $172M, EPS $(0.03); cuts FY2024 guidance, divests two businesses
Revenue $171.8M (-15.3% YoY); net loss $0.9M ($(0.03) diluted EPS) from continuing ops.
Asset sale to FSE Diya, Inc. for $1.5M base plus up to $1.5M earnout; closed October 30, 2024.
CVG completes $40M sale of Cab Structures business to Volvo Group company
Total consideration $40M; $20M received Sept 6 and final $20M received Oct 1, 2024.
CVGI presents at Barrington Research Virtual Fall Investment Conference; no material new disclosures
CEO James Ray and CFO Andy Cheung presented at Barrington Research Virtual Fall Investment Conference on September 12, 2024.
Closed on September 6, 2024; buyer paid $20M of the $40M Purchase Price at closing.
CVG Q2 net loss $1.6M; revenue down 12.3%; cuts FY24 guidance; sells Cab Structures
Revenue $229.9M (-12.3% YoY); net loss $1.6M ($0.05 diluted loss); adjusted EPS $0.06.
CVGI amends credit agreement to relax mandatory prepayment on asset sales
Amendment No. 3 dated July 30, 2024 with Bank of America as agent.
CVG sells Cab Structures business for $40M to Volvo Group; proceeds for debt paydown
CVG sells Cab Structures (Kings Mountain, NC) to Volvo Group for $40M; expected close H2 2024.
CVGI CEO & CFO to present at Sidoti conference; no new financial details
James Ray (CEO) and Andy Cheung (CFO) will present at Sidoti Small-Cap Virtual Conference on June 13, 2024.
CVGI explores strategic alternatives for Industrial Automation business
Commercial Vehicle Group retained an investment banking firm to explore strategic alternatives.
CVGI shareholders elect all director nominees and approve say-on-pay at annual meeting
All seven director nominees elected with majority votes; highest support 24.36M for James R. Ray.
CVG Q1 revenue down 11.6% to $232M; EPS $0.09, reaffirms FY guidance
Revenue $232.1M (-11.6% YoY); net income $2.9M ($0.09 diluted EPS) vs $8.7M ($0.26) in Q1 2023.
CVG reports Q4 2023 revenue of $223.1M, full year record $994.7M, and provides 2024 outlook
Q4 2023 revenue $223.1M (down 5.0% YoY); Electrical Systems segment revenue up 19.4% to $56.2M.
William C. Johnson elected to CVG Board of Directors effective Dec. 8, 2023
Johnson, 60, joined the Board on Dec. 8, 2023, serving on Compensation and Nominating, Governance & Sustainability Committees.
CVG appoints James R. Ray as President and CEO, effective Dec 20, 2023
James R. Ray appointed President and CEO; interim CEO Robert Griffin remains Chairman.
CVG Q3 EPS $0.22 (up 100% YoY); Adj EBITDA $16.6M (+16.1%); Electrical Systems rev +16.8%
Net income $7.3M ($0.22 diluted EPS) vs $3.6M ($0.11) in Q3 2022; adjusted EPS also $0.22.
Commercial Vehicle Group appoints Melanie K. Cook as independent director
Melanie K. Cook, 51, former COO of GE Appliances, elected to CVG Board effective Sept 26, 2023.
Director Roger L. Fix to retire and not stand for re-election at 2024 AGM
Roger L. Fix (69) informed Company of his retirement from the Board.
CVG Q2 revenue $262M +4.5%, net income $10.1M, adj EBITDA $20.8M
Revenue $262.2M, up 4.5% YoY; net income $10.1M ($0.30 dil EPS) vs $2.5M ($0.08) prior year.
CVG enters enhanced severance agreements with five top executives amid CEO transition
CFO Andy Cheung, CLO Aneezal Mohamed, CCO Richard Tajer, CHRO Kristin Mathers get 24 months salary continuation if terminated without cause or good reason.
CVGI appoints Robert C. Griffin interim President & CEO effective May 19, 2023
Mr. Griffin receives base salary of $100,000 per month until successor chosen or his resignation/removal.
All six director nominees elected with at least 16.1M votes for each; broker non-votes of 11.3M.
CEO Harold C. Bevis resigns; Chairman Robert C. Griffin named interim CEO effective May 19
Harold C. Bevis resigns as President and CEO effective May 19, 2023 to become CEO of another company; no disagreement with the company.
CVG Q1 record revenue $262.7M (+7.5% YoY); EPS $0.26, adj. EBITDA $19.8M
Net income $8.7M ($0.26 diluted EPS), vs $4.0M ($0.12) a year ago; adjusted EPS $0.28.
CVG reports Q4 net loss of $32M on special charges; record annual revenue $982M
Q4 revenue $234.9M (+2.6% YoY); net loss $32.0M ($0.98 diluted EPS) vs net income $2.6M in prior year.
CVG amends bylaws to update advance notice provisions and comply with Universal Proxy Rules
Board approved amended and restated bylaws effective Feb 1, 2023.
Commercial Vehicle Group amends bylaws to adopt universal proxy rules and other governance updates
Bylaws amended effective Feb 1, 2023 to update advance notice provisions per SEC Rule 14a-19 (Universal Proxy Rules).
CVGI raises CEO total target comp to $4.0M; COO target to $1.01M
CEO Harold Bevis total target compensation set at $4.0M (base $825k, cash incentive $825k, LTI $2.35M) effective Jan 1, 2023.
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.
Effective February 13, 2025, Commercial Vehicle Group, Inc., (the “Company”) appointed Scott Reed (60-years old) to the position of Chief Operating Officer of the Company.
On October 31, 2024, the Company and Richard Tajer, President of Electrical Systems, reached a separation agreement (the “Separation Agreement”) pursuant to which Mr. Tajer will cease being President of Elecrical Systems effective immediately and cease being an employee effective December 31, 2024.
On December 8, 2023, the Board of Directors of Commercial Vehicle Group, Inc. (the “Company”) elected William C. Johnson to the Board of Directors (“Board”) of the Company, effective immediately, to serve until the 2024 annual meeting of stockholders or until his successor is elected and qualified.
On December 8, 2023, the Board of Directors (the “Board”) of Commercial Vehicle Group, Inc. (the “Company”) appointed James R. Ray as President and Chief Executive Officer of the Company, effective December 20, 2023.
Following Mr. Ray’s appointment, Mr. Ray will continue to serve as a member of the Board and Robert C. Griffin will step down as the Company’s interim President and Chief Executive Officer and will continue to serve as Chairman of the Board.
On September 26, 2023, the Board of Directors of Commercial Vehicle Group, Inc. (the “Company”) elected Melanie K. Cook to the Board of Directors (“Board”) of the Company, effective September 26, 2023
On August 14, 2023, Roger L. Fix, 69 years old, a director of Commercial Vehicle Group, Inc. (the “Company”) since June 2014, informed the Company that he will be retiring from the Board of Directors (the “Board”) of the Company, without standing for re-election at the 2024 Annual Meeting of Stockholders (the “2024 AGM”), effective the date of the 2024 AGM.
On May 8, 2023, Commercial Vehicle Group, Inc. (the “Company”) filed a Current Report on Form 8-K to report the expected appointment of Robert C. Griffin as the Company’s interim President and Chief Executive Officer, effective May 19, 2023.
Harold C. Bevis notified Commercial Vehicle Group, Inc. (the “Company”) of his intention to resign as President and Chief Executive Officer of the Company and as a member of the Company’s Board of Directors (the “Board”) effective May 19, 2023 to become chief executive officer of another company.
Robert C. Griffin, the Chairman of the Board, is expected to be elected by the Board as the Company’s interim President and Chief Executive Officer, effective May 19, 2023.
the Company appointed Chung Kin Cheung ("Andy Cheung") as Executive Vice President and Chief Financial Officer effective October 11, 2022.
Max materiality 0.80 · Median 0.57 · Most common event earnings