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Commercial Vehicle Group CVGI

Commercial Vehicle Group names new CEO

Item 2.02 Reports results, Item 5.02 Executive or director change, Item 7.01 Investor disclosure

Form
8-K
Filed
Importance
Major
  1. David Ruppel appointed as President and CEO effective November 9, 2026.
  2. James R. Ray Jr. steps down as CEO and board member, remains as Senior Advisor until January 5, 2027.
  3. Ruppel's total annual target compensation is no less than $3 million, including equity awards.
  4. Ruppel will receive make-whole equity awards for forfeited Littelfuse awards, with performance-based vesting.

Written from the 8-K on EDGAR. Check the filing before you rely on it.

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  • For the quarter ended June 30, 2026, Commercial Vehicle Group, Inc. reported revenue of $195.2 million and a net loss of $10.2 million.
  • The company's gross margin was 12.7%, operating margin 0.8%, and net margin -5.2% for the quarter.
  • Revenue increased 13.5% compared to the same period a year earlier.

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