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Commercial Vehicle Group Announces Departure of Carlos Jimenez

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Commercial Vehicle Group (CVG) announced the immediate resignation of Carlos Jimenez, Executive Vice President, Global Operations and Supply Chain, due to personal reasons. Jimenez's departure is not linked to any company concerns. In response, CVG has initiated a comprehensive search for a permanent replacement. During this interim period, James Ray, the President and CEO, will oversee Global Operations and Supply Chain responsibilities.

Commercial Vehicle Group (CVG) ha annunciato le dimissioni immediate di Carlos Jimenez, Vicepresidente Esecutivo, Operazioni Globali e Supply Chain, per motivi personali. L'uscita di Jimenez non è collegata a preoccupazioni aziendali. In risposta, CVG ha avviato una ricerca completa per un sostituto permanente. Durante questo periodo di transizione, James Ray, il Presidente e CEO, si occuperà delle responsabilità relative alle Operazioni Globali e alla Supply Chain.

Commercial Vehicle Group (CVG) anunció la renuncia inmediata de Carlos Jimenez, Vicepresidente Ejecutivo de Operaciones Globales y Cadena de Suministro, por razones personales. La salida de Jimenez no está relacionada con preocupaciones de la empresa. En respuesta, CVG ha iniciado una búsqueda integral para un reemplazo permanente. Durante este periodo interino, James Ray, el Presidente y CEO, supervisará las responsabilidades de Operaciones Globales y Cadena de Suministro.

상업용 차량 그룹(CVG)은 개인적인 사유로 글로벌 운영 및 공급망 담당 부사장인 카를로스 히메네즈의 즉각적인 사임을 발표했습니다. 히메네즈의 퇴사는 회사의 우려와 관련이 없습니다. 이에 따라 CVG는 영구적인 대체자를 위한 포괄적인 검색을 시작했습니다. 이 임시 기간 동안 제임스 레이 회장 겸 CEO가 글로벌 운영 및 공급망 책임을 감독합니다.

Commercial Vehicle Group (CVG) a annoncé la démission immédiate de Carlos Jimenez, Vice-Président Exécutif, Opérations Globales et Chaîne d'Approvisionnement, pour des raisons personnelles. Le départ de Jimenez n'est pas lié à des préoccupations de l'entreprise. En réponse, CVG a lancé une recherche intégrale pour un remplaçant permanent. Pendant cette période intérimaire, James Ray, le Président et CEO, supervisera les responsabilités des Opérations Globales et de la Chaîne d'Approvisionnement.

Commercial Vehicle Group (CVG) hat den sofortigen Rücktritt von Carlos Jimenez, Executive Vice President für Globale Operationen und Supply Chain, aus persönlichen Gründen bekannt gegeben. Jimenez' Austritt steht nicht im Zusammenhang mit Unternehmensbedenken. In Reaktion darauf hat CVG eine umfassende Suche nach einem dauerhaften Nachfolger eingeleitet. In dieser Übergangszeit wird James Ray, der Präsident und CEO, die Verantwortung für die Globalen Operationen und die Supply Chain übernehmen.

Positive
  • Initiation of a comprehensive search for a permanent replacement to ensure leadership continuity.
Negative
  • Unexpected resignation of a key executive may cause temporary disruption in Global Operations and Supply Chain.

NEW ALBANY, Ohio, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (the “Company” or “CVG”) (NASDAQ: CVGI), a diversified industrial products and services company, announced that Carlos Jimenez, who briefly held the role of Executive Vice President, Global Operations and Supply Chain, is resigning from the Company effective immediately for personal reasons that would prevent him from fulfilling his responsibilities at CVG. Mr. Jimenez’s resignation is not due to any concerns with the Company.

The Company is in the process of conducting a comprehensive search for a permanent replacement to lead Global Operations and Supply Chain. In the interim period, James Ray, President and Chief Executive Officer, will assume oversight responsibilities for Global Operations and Supply Chain.

About CVG

At CVG, we deliver real solutions to complex design, engineering and manufacturing problems while creating positive change for our customers, industries, and communities we serve. Information about CVG and its products is available at www.cvgrp.com.

Investor Relations Contact:Media Contact:
Ross Collins or Stephen PoePatrick Woolford
Alpha IR GroupDirector, Communications
CVGI@alpha-ir.comPatrick.woolford@cvgrp.com

FAQ

Why did Carlos Jimenez resign from CVG?

Carlos Jimenez resigned from CVG due to personal reasons that prevent him from fulfilling his responsibilities.

Who will oversee Global Operations and Supply Chain at CVG after Carlos Jimenez's resignation?

James Ray, President and CEO, will temporarily oversee Global Operations and Supply Chain at CVG after Carlos Jimenez's resignation.

Is Carlos Jimenez's resignation related to any concerns with CVG?

No, Carlos Jimenez's resignation is not due to any concerns with CVG.

What steps is CVG taking to find a replacement for Carlos Jimenez?

CVG has initiated a comprehensive search for a permanent replacement for Carlos Jimenez.

Commercial Vehicle Group, Inc.

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