Edition:
United Kingdom

Commercial Vehicle Group Inc Announces Strategic Reorganization Into Two Segments, Electrical Systems And Global Seating


Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Commercial Vehicle Group Inc ::COMMERCIAL VEHICLE GROUP INC. ANNOUNCES STRATEGIC REORGANIZATION INTO TWO SEGMENTS, ELECTRICAL SYSTEMS AND GLOBAL SEATING.COMMERCIAL VEHICLE GROUP - EXPECT GLOBAL SEATING SEGMENT TO ENHANCE ITS MARKET SHARE POSITION IN CLASS 6 THROUGH 8 COMMERCIAL TRUCKS IN NORTH AMERICA.COMMERCIAL VEHICLE GROUP INC - ELECTRICAL SYSTEMS SEGMENT WILL BE COMPRISED OF WIRE HARNESS, INTERIOR TRIM, WIPERS, AND STRUCTURES BUSINESSES.COMMERCIAL VEHICLE GROUP - GLOBAL SEATING WILL MAINTAIN STRONG HISTORICAL BRANDS, DIFFERENTIATED PRODUCT OFFERINGS,.COMMERCIAL VEHICLE GROUP INC - DOUG BOWEN WILL ASSUME RESPONSIBILITY FOR GLOBAL SEATING SEGMENT AS SENIOR VICE PRESIDENT AND MANAGING DIRECTOR.COMMERCIAL VEHICLE GROUP INC - RICHARD TAJER, WILL DRIVE EXECUTION OF GROWTH STRATEGY IN WIRE HARNESS AND ADJACENT ELECTRICAL MARKETS. 

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7.66
0.1 +1.32%
19 Jul 2019