Edition:
India

Commercial Vehicle Group Inc (CVGI.OQ)

CVGI.OQ on NASDAQ Stock Exchange Global Select Market

2.41USD
1:30am IST
Change (% chg)

$-0.06 (-2.43%)
Prev Close
$2.47
Open
$2.47
Day's High
$2.54
Day's Low
$2.37
Volume
62,783
Avg. Vol
128,817
52-wk High
$8.08
52-wk Low
$1.24

Summary

Name Age Since Current Position

Robert Griffin

72 2019 Independent Chairman of the Board

Harold Bevis

60 2020 President, Chief Executive Officer, Director

Edmund Carney

54 2020 Interim Chief Financial Officer, Treasurer

Douglas Bowen

63 2018 Senior Vice President and Managing Director of Global Seating

Roger Fix

67 2014 Independent Director

Wayne Rancourt

57 2016 Independent Director

James Ray

56 2020 Independent Director

Janice Stipp

60 2019 Independent Director

Kirk Feiler

2018 Vice President Corporate Development & Investor Relations

Biographies

Name Description

Robert Griffin

Mr. Robert C. Griffin serves as Independent Chairman of the Board of the Company. He has served as a Director since July 2005, and was elected Chairman in 2019. Mr. Griffin’s career spanned over 25 years in the financial sector until he retired from Barclays Capital, where from June 2000 to March 2002 he was Head of Investment Banking, Americas and a member of the Management Committee. Prior to joining Barclays Capital, Mr. Griffin was a member of the Executive Committee for the Montgomery Division of Banc of America Securities and held a number of positions with Bank of America, including Group Executive Vice President and Head of Global Debt Capital Raising and as a Senior Management Council Member. Since 2005, he has served on a number of boards, both public and private, including during the last five years, the boards of the following public companies: The J.G. Wentworth Company (ending in 2018), and Builders FirstSource, Inc. (ending in 2019). Mr. Griffin has a broad understanding of the financial and investment world. He has over sixteen years of experience in senior and executive management positions with large corporations which included responsibility for determining and executing successful strategies. Mr. Griffin has also served as Chairman of the Board of Directors of another public company, been on numerous committees of each company where he has served as a Director and brings a depth of knowledge about corporate governance from those roles to his service on the Board of Commercial Vehicle Group. Mr. Griffin earned a Master of Business Administration degree from Northwestern University and a Bachelor of Science degree in Finance from Miami University.

Harold Bevis

Mr. Harold C. Bevis serves as President, Chief Executive Officer, Director of the Company. He has served as President and Chief Executive Officer since March 2020 and as a Director since June 2014. He brings 30 years of leadership experience to the position, including 20 years of experience as a business leader with leadership assignments at GE and Emerson Electric; and 14 years of experience as a CEO, President and Director of global manufacturing companies. He has worked in public companies for 15 years and private companies for 15 years. Mr. Bevis served as President, Chief Executive Officer and Director of Xerium Technologies, Inc. (NYSE:XRM) from August 2012 to April 2017, and served as Chairman and CEO of Boxlight Corporation from January 2020 to March 2020 and served as a Director of Boxlight Corporation from March 2018 to March 2020. Mr. Bevis has broad operational, management and governance experience. He has over 25 years of experience in senior and executive management positions with multi-national corporations including responsibility for determining and executing successful strategies. Mr. Bevis has also served on eight Boards of Directors and on Audit, Compensation and Governance Committees of Boards. Mr. Bevis earned a Master of Business Administration degree from Columbia Business School and a Bachelor of Science degree in Industrial Engineering from Iowa State University.

Edmund Carney

Mr. Edmund S. Carney has been appointed as Interim Chief Financial Officer, Treasurer of the Company effective 6/10/2020. He has been the owner of Empath Consulting, PLLC since October 2011, providing finance and operational consulting services to a number of companies. Prior to that, from 1996 to 2011, Mr. Carney served in a number of leadership roles in the finance organizations of Aviva Investors NA, GM Asset Management, Rexair LLC., Owens Corning, and Honeywell International. Mr. Carney has been a certified public accountant since 1990, registered in Michigan, and earned his Bachelor of Business Administration from University of Michigan in May 1988.

Douglas Bowen

Mr. Douglas F. Bowen serves as Senior Vice President and Managing Director of Global Seating of the Company. He has served as Senior Vice President and Managing Director of Global Seating since November 2018 and previously served as Senior Vice President & Managing Director of Global Construction, Agriculture & Military markets. He joined the Company in June 2017. Prior to joining CVG, Mr. Bowen served as President of the North America and Asia Pacific markets for Dayco Products, LLC for more than 35 years. Mr. Bowen is a graduate of the Citadel, The Military College of South Carolina and holds a Bachelor of Science in Business Administration.

Roger Fix

Mr. Roger L. Fix serves as Independent Director of the Company. He has served as a Director since June 2014. He served as a member of the Board of Directors of Standex International Corporation from 2001 until 2017, when he retired from the Standex board. He served as Non-Executive Chairman from 2014 to 2016, and President and Chief Executive Officer of Standex from 2003 to 2014. He was Standex’s President and Chief Operating Officer from 2001 to 2003. Prior to joining Standex, Mr. Fix held a number of general management positions at Emerson Electric, the TI Group, plc and TRW over a period of more than 20 years. Mr. Fix has served as a Director of Flowserve Corporation since 2006 where he was Chairman of the Corporate Nominating and Governance Committee and a member of the Compensation, Finance and Audit Committees. Mr. Fix currently serves as the Non-Executive Chairman of the Board of Flowserve Corporation. Mr. Fix currently serves as a Director of Thermon Holdings, where he serves as a member of the Compensation, Finance and Corporate Governance Committees. Mr. Fix has broad operational, management and governance experience. He has over 35 years of experience in senior and executive management positions with multi-national corporations which included responsibility for determining and executing successful strategies. Mr. Fix has also served on several public company Boards and on Audit, Compensation, Finance and Governance Committees of Boards. Mr. Fix earned a Master’s degree in Mechanical Engineering from the University of Texas and a Bachelor of Science degree in Mechanical Engineering from the University of Nebraska.

Wayne Rancourt

Mr. Wayne M. Rancourt serves as Independent Director of the Company. Mr. Rancourt has served as Executive Vice President, Chief Financial Officer & Treasurer of Boise Cascade Company since August 2009, a $4.4 billion in revenues North American based manufacturing and distribution company. Mr. Rancourt has over 30 years of experience in various finance roles including chief financial officer, treasurer, investor relations, strategic planning, as well as internal audit. Mr. Rancourt brings strong financial expertise to the Board through his experience in various finance roles. He has over 30 years of experience in senior and executive management positions in the finance field which includes responsibility for determining and executing successful strategies. Mr. Rancourt received a Bachelor of Science degree in Accounting from Central Washington University.

James Ray

Mr. James R. Ray Jr. serves as Independent Director of the Company. Mr. Ray, currently serves as President, Engineered Fastening at Stanley Black & Decker, Inc., where he has held various global industrial P&L and operational leadership roles since 2013. Prior to Stanley Black & Decker, Mr. Ray spent more than 25 years in global P&L and engineering leadership roles at TE Connectivity, Delphi and GM.

Janice Stipp

Ms. Janice Elaine Stipp CPA serves as Independent Director of the Company. Ms. Stipp has over 36 years of financial and accounting experience including as chief financial officer of both public and private companies. In May 2018, Ms. Stipp retired as Senior Vice President, Chief Financial Officer and Treasurer for Rogers Corporation, a global leader in engineered materials solutions. Prior to joining Rogers Corporation in November 2015, Ms. Stipp was Executive Vice President, Chief Financial Officer and Treasurer for Tecumseh Products Company. She has also previously served as the Chief Financial Officer for Revstone Industries LLC; Acument Global Technologies, Inc., a Platinum Equity portfolio company; and GDX Automotive, a Cerberus Equity portfolio company. Ms. Stipp currently serves as a Director of ArcBest Corporation, SAPPI, and is on the Michigan State University Foundation Board. Ms. Stipp brings strong financial expertise to the Board through her experience in various finance and accounting roles at both public and private companies. She has over 36 years of experience in senior and executive management positions in finance and accounting fields that included responsibility for determining and executing successful strategies. Ms. Stipp earned a Master of Business Administration degree from Wayne State University and a Bachelor of Arts degree in Accounting from Michigan State University. Ms. Stipp also received her Certified Public Accountant certification and Chartered Global Management Accountant certification.

Kirk Feiler

Basic Compensation

Name Fiscal Year Total

Robert Griffin

189,891

Harold Bevis

162,792

Edmund Carney

--

Douglas Bowen

351,604

Roger Fix

170,000

Wayne Rancourt

170,292

James Ray

--

Janice Stipp

160,000

Kirk Feiler

--
As Of  31 Dec 2019