Highest-materiality recent filing
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).
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.
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.
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).
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.
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 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.
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.
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 explores strategic alternatives for Industrial Automation business
Commercial Vehicle Group retained an investment banking firm to explore strategic alternatives.
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.
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.
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.
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.
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