Commercial Vehicle Group Announces New Executive Appointments to Accelerate Performance

Core Insights - Commercial Vehicle Group (CVG) has appointed Peter Lugo as President of the Electrical Systems segment and Carlos Jimenez as Executive Vice President of Global Operations and Supply Chain, effective November 1, 2024, to enhance growth and operational efficiency [1][4] Group 1: Leadership Appointments - Peter Lugo will oversee the Electrical Systems segment, focusing on commercial, engineering, and product management strategies, and has a strong background in leading business strategies at Southwire and other companies [2] - Carlos Jimenez is tasked with improving operational efficiencies across CVG's global manufacturing footprint, leveraging his experience from Kennametal and other organizations [3] Group 2: Strategic Goals - The appointments aim to support CVG's objectives of growing its Electrical Systems business and enhancing overall operational execution [1][4] - Both executives will report directly to James Ray, the President and CEO of CVG, indicating a streamlined leadership structure [1]