0001290900FALSE00012909002024-12-122024-12-12


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K 
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): December 12, 2024
Commercial Vehicle Group, Inc.
(Exact name of registrant as specified in its charter)
Delaware001-3436541-1990662
(State or other jurisdiction(Commission(I.R.S. Employer
of incorporation)File Number)Identification No.)
7800 Walton Parkway, New Albany, Ohio
43054
(Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: 614-289-5360
Not Applicable
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, par value $0.01 per shareCVGIThe NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨




Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 12, 2024, the Board of Directors of Commercial Vehicle Group, Inc. (the “Company”) elected Jeffrey S. Niew (58 years old) to the Board of Directors (“Board”) of the Company, effective December 16, 2024, to serve until the 2025 annual meeting of stockholders or until his successor is elected and qualified.

Mr. Niew is the President & CEO (since 2013) of Knowles Corporation, a global market leader of highly engineered solutions utilizing semiconductors and electronic components technologies across a wide array of products and end markets. He was formerly the Vice President of Dover Corporation and President and CEO (from 2011 to February 2014) of Dover Communication Technologies. In 2014, Mr. Niew led the spin-off of Knowles from its previous owner Dover Corporation to a NSYE publicly traded company. Mr. Niew joined Knowles Electronics LLC in 2000, and became Chief Operating Officer in 2007, President in 2008 and President and CEO in 2010. Prior to joining Knowles Electronics, Mr. Niew was employed by Littelfuse, Inc. (from 1995 to 2000) where he held various positions in product management, sales and engineering in the Electronic Products group, and by Hewlett-Packard Company (from 1988 to 1994) where he served in various engineering and product management roles in the Optoelectronics Group. Mr. Niew is a member of the Advisory Board of the University of Illinois College of Engineering. Mr. Niew holds a bachelor’s degree in mechanical engineering from the University of Illinois at Chicago.

Mr. Niew will receive compensation consistent with the Company’s other non-employee directors as described under “Director Compensation” in the Company’s Proxy Statement with respect to the Company’s Annual Meeting of Stockholders held on May 16, 2024 filed with the U.S. Securities and Exchange Commission on April 19, 2024.

Item 7.01. Regulation FD.
On December 12, 2024, the Company issued a press release announcing the election of Jeffrey S. Niew to the Board of Directors of the Company. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.


Item 9.01. Financial Statements and Exhibits.

(d) Exhibits
Exhibit No.
Description
Press Release of the Company dated December 12, 2024 announcing election of Jeffrey S. Niew to the Board of Directors of the Company.






SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
COMMERCIAL VEHICLE GROUP, INC.
December 12, 2024By:/s/ Aneezal H. Mohamed
Name:Aneezal H. Mohamed
Title:Chief Legal Officer


image_0a.jpgExhibit 99.1
CVG Announces Election of Jeffrey S. Niew to Board of Directors
NEW ALBANY, Ohio, December 12, 2024 (GLOBE NEWSWIRE) – Commercial Vehicle Group (the “Company” or “CVG”) (NASDAQ: CVGI), a diversified industrial products and services company, today announced that its Board of Directors (the “Board”) has elected Jeffrey S. Niew (58 years old) as an independent director to the Board, effective December 16, 2024.
image_1a.jpg
Mr. Niew is the President & CEO (since 2013) of Knowles Corporation, a global market leader of highly engineered solutions utilizing semiconductors and electronic components technologies across a wide array of products and end markets. He was formerly the Vice President of Dover Corporation and President and CEO (from 2011 to February 2014) of Dover Communication Technologies. In 2014, Mr. Niew led the spin-off of Knowles from its previous owner Dover Corporation to a NSYE publicly traded company. Mr. Niew joined Knowles Electronics LLC in 2000, and became Chief Operating Officer in 2007, President in 2008 and President and CEO in 2010. Prior to joining Knowles Electronics, Mr. Niew was employed by Littelfuse, Inc. (from 1995 to 2000) where he held various positions in product management, sales and engineering in the Electronic Products group, and by Hewlett-Packard Company (from 1988 to 1994) where he served in various engineering and product management roles in the Optoelectronics Group. Other Board Experience: Mr. Niew is a member of the Advisory Board of the University of Illinois College of Engineering. He holds a bachelor’s degree in mechanical engineering from the University of Illinois at Chicago.
“My fellow Board members and I are delighted to welcome Jeffrey to the Board," said Robert Griffin, Chair of the Board of Directors. "His extensive experience with multi-unit operations across regions, as well as his current role leading a large, dispersed organization will be tremendous assets to our Board."
“Being elected to the CVG Board of Directors is a significant honor,” said Mr. Niew. “I am excited to work alongside the Board’s distinguished leaders to help guide the Company into the future.”
Mr. Niew will stand for re-election at the Company’s 2025 Annual Meeting of Stockholders.
About CVG
At CVG, we deliver real solutions to complex design, engineering and manufacturing problems while creating positive change for our customers, industries, and communities we serve. Information about the Company and its products is available on the internet at www.cvgrp.com.
Investor Relations Contact:
Ross Collins or Stephen Poe
Alpha IR Group
CVGI@alpha-ir.com

Media Contact:
Patrick Woolford, Director, Communications
Patrick.woolford@cvgrp.com
CVG GLOBAL HEADQUARTERS
7800 Walton Parkway | New Albany, OH | 43054 | 614.289.5360

v3.24.3
Cover
Dec. 12, 2024
Cover [Abstract]  
Document Type 8-K
Document Period End Date Dec. 12, 2024
Entity Registrant Name Commercial Vehicle Group, Inc.
Entity Incorporation, State or Country Code DE
Entity File Number 001-34365
Entity Tax Identification Number 41-1990662
Entity Address, Address Line One 7800 Walton Parkway
Entity Address, City or Town New Albany
Entity Address, State or Province OH
Entity Address, Postal Zip Code 43054
City Area Code 614
Local Phone Number 289-5360
Title of 12(b) Security Common Stock, par value $0.01 per share
Trading Symbol CVGI
Security Exchange Name NASDAQ
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Amendment Flag false
Entity Central Index Key 0001290900

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