NEW ALBANY, Ohio
May 22, 2013
/PRNewswire/ -- Commercial Vehicle Group, Inc. (Nasdaq: CVGI), a leading supplier of fully integrated system solutions for the global commercial vehicle market, today announced that Richard P. "Rich" Lavin has been appointed President and Chief Executive Officer, effective
, 2013. In addition, Mr. Lavin will be appointed as a member of the board of directors to fill the vacancy from the retiring Chief Executive Officer.
Mr. Lavin comes to CVG with 28 years of global experience with Caterpillar Inc., most recently as Group President of Construction Industries and Growth Markets. In this role, Rich was responsible for Caterpillar's Earthmoving, Excavation and Building Construction Products Divisions and the deployment of business strategies in
and elsewhere in the
region. He also had responsibility for the company's business in
and for construction machinery manufacturing operations in
, the Americas and
Mr. Lavin holds a Bachelor of Arts degree from
Western Illinois University
, a Juris Doctor degree from
and a Master of Laws degree from Georgetown University. He serves as a Non-Executive Director for ITT Corporation (NYSE: ITT) and USG Corporation (NYSE: USG).
"Rich brings an impressive record of success in global industrial manufacturing that directly relates to CVG," Chairman
stated. "He knows CVG's customer base and markets and understands what is required to build value for all our constituencies. We are excited that he is joining us and we all look forward to working with him."
"I'm looking forward to joining the CVG team," said Lavin. "The Company is well positioned to continue to meet the needs and expectations of their customers, and deliver outstanding shareholder value."