CVG Appoints Scott Reed as Chief Operating Officer

Core Viewpoint - Commercial Vehicle Group (CVG) has appointed Scott Reed as Chief Operating Officer, effective February 13, 2025, bringing over 30 years of experience in industrial and manufacturing sectors [1][3]. Group 1: Leadership Changes - Scott Reed will oversee global manufacturing and supply chain operations, focusing on operational excellence and cross-functional alignment [2]. - Mr. Reed's previous role was as President of Arrow Tru-Line Inc., and he has held leadership positions in various companies, recognized for achieving operational and profit growth [3]. - The company also announced the departure of Don Fishel, President of Trim Systems and Components, after 14 years, with Andy Cheung temporarily overseeing this division [6]. Group 2: Compensation and Incentives - As an inducement for joining CVG, Mr. Reed has been granted 58,331 shares of time-vesting restricted stock and 87,497 performance shares, aligning his interests with those of shareholders [5]. Group 3: Company Mission and Vision - CVG aims to deliver solutions to complex design, engineering, and manufacturing challenges while creating positive change for customers and communities [7].