STOCK TITAN

CVG Announces Election of Jeffrey S. Niew to Board of Directors

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management

Commercial Vehicle Group (CVGI) has announced the election of Jeffrey S. Niew as an independent director to its Board, effective December 16, 2024. Niew, 58, currently serves as President & CEO of Knowles , a global leader in engineered semiconductor and electronic component solutions. His extensive experience includes leading Knowles' spin-off from Dover to NYSE in 2014, previous roles at Littelfuse and Hewlett-Packard, and serving as a member of the University of Illinois College of Engineering Advisory Board. Board Chair Robert Griffin highlighted Niew's valuable experience with multi-unit operations and leadership of large organizations as key assets for CVG's future direction.

Commercial Vehicle Group (CVGI) ha annunciato l'elezione di Jeffrey S. Niew come direttore indipendente del suo Consiglio, a partire dal 16 dicembre 2024. Niew, 58 anni, attualmente ricopre il ruolo di Presidente e CEO di Knowles, un leader globale nelle soluzioni di semiconduttori e componenti elettronici progettati. La sua vasta esperienza include la guida della scissione di Knowles da Dover alla NYSE nel 2014, ruoli precedenti in Littelfuse e Hewlett-Packard, e la sua partecipazione come membro del Consiglio consultivo del College of Engineering dell'Università dell'Illinois. Il presidente del Consiglio Robert Griffin ha sottolineato che l'esperienza preziosa di Niew nella gestione di operazioni multi-unità e nella leadership di grandi organizzazioni rappresenta risorse chiave per la futura direzione di CVG.

Commercial Vehicle Group (CVGI) ha anunciado la elección de Jeffrey S. Niew como director independiente de su Junta, con efecto a partir del 16 de diciembre de 2024. Niew, de 58 años, actualmente es Presidente y CEO de Knowles, un líder global en soluciones de semiconductores y componentes electrónicos. Su amplia experiencia incluye liderar la escisión de Knowles de Dover a la NYSE en 2014, roles previos en Littelfuse y Hewlett-Packard, y servir como miembro de la Junta Asesora del Colegio de Ingeniería de la Universidad de Illinois. El presidente de la Junta Robert Griffin destacó la valiosa experiencia de Niew en operaciones multiactivas y liderazgo de grandes organizaciones como activos clave para la futura dirección de CVG.

상업 차량 그룹 (CVGI)는 제프리 S. 뉴를 독립 이사로 선임했다고 발표했으며, 이는 2024년 12월 16일부터 효력이 발생합니다. 58세인 뉴는 현재 글로벌 반도체 및 전자 부품 솔루션의 선두주자인 Knowles의 회장 겸 CEO로 재직 중입니다. 그의 방대한 경험에는 Knowles의 Dover에서 NYSE로의 분사 추진, Littelfuse 및 Hewlett-Packard에서의 이전 역할, 그리고 일리노이 대학교 공과대학 자문 위원회의 일원으로서의 서비스가 포함됩니다. 이사회 의장 로버트 그리핀은 뉴의 다중 운영 관리 및 대규모 조직 관리에 대한 귀중한 경험이 CVG의 향후 방향에 주요 자산이 될 것이라고 강조했습니다.

Commercial Vehicle Group (CVGI) a annoncé l'élection de Jeffrey S. Niew en tant que directeur indépendant de son Conseil, avec effet au 16 décembre 2024. Niew, 58 ans, est actuellement Président et CEO de Knowles, un leader mondial dans les solutions de semi-conducteurs et de composants électroniques. Son expérience riche comprend la direction du spin-off de Knowles de Dover vers la NYSE en 2014, des rôles précédents chez Littelfuse et Hewlett-Packard, ainsi que sa participation en tant que membre du Conseil consultatif de la College of Engineering de l'Université de l'Illinois. Le Président du Conseil Robert Griffin a souligné que l'expérience précieuse de Niew dans la gestion d'opérations multi-unités et la direction de grandes organisations représente des atouts clés pour la future orientation de CVG.

Commercial Vehicle Group (CVGI) hat die Wahl von Jeffrey S. Niew als unabhängigen Direktor in seinen Vorstand bekannt gegeben, die ab dem 16. Dezember 2024 wirksam wird. Niew, 58 Jahre alt, ist derzeit Präsident und CEO von Knowles, einem globalen Marktführer im Bereich verkappte Halbleiter- und Elektronikkomponentenlösungen. Seine umfassende Erfahrung umfasst die Leitung des Spin-offs von Knowles von Dover an die NYSE im Jahr 2014, frühere Positionen bei Littelfuse und Hewlett-Packard sowie die Mitgliedschaft im Beirat der Fakultät für Ingenieurwissenschaften der Universität Illinois. Vorstandsvorsitzender Robert Griffin hob Niews wertvolle Erfahrung in der Leitung von Multi-Unit-Operationen und großen Organisationen als Schlüsselressourcen für die zukünftige Ausrichtung von CVG hervor.

Positive
  • Addition of experienced technology sector executive to the board
  • Brings expertise in managing global operations and organizational leadership
  • Experience in successful corporate spin-off and public company management
Negative
  • None.

NEW ALBANY, Ohio, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (the “Company” or “CVG”) (NASDAQ: CVGI), a diversified industrial products and services company, today announced that its Board of Directors (the “Board”) has elected Jeffrey S. Niew (58 years old) as an independent director to the Board, effective December 16, 2024.

Jeffrey S. Niew

Mr. Niew is the President & CEO (since 2013) of Knowles Corporation, a global market leader of highly engineered solutions utilizing semiconductors and electronic components technologies across a wide array of products and end markets. He was formerly the Vice President of Dover Corporation and President and CEO (from 2011 to February 2014) of Dover Communication Technologies. In 2014, Mr. Niew led the spin-off of Knowles from its previous owner Dover Corporation to a NSYE publicly traded company. Mr. Niew joined Knowles Electronics LLC in 2000, and became Chief Operating Officer in 2007, President in 2008 and President and CEO in 2010. Prior to joining Knowles Electronics, Mr. Niew was employed by Littelfuse, Inc. (from 1995 to 2000) where he held various positions in product management, sales and engineering in the Electronic Products group, and by Hewlett-Packard Company (from 1988 to 1994) where he served in various engineering and product management roles in the Optoelectronics Group. Other Board Experience: Mr. Niew is a member of the Advisory Board of the University of Illinois College of Engineering. He holds a bachelor’s degree in mechanical engineering from the University of Illinois at Chicago.

“My fellow Board members and I are delighted to welcome Jeffrey to the Board," said Robert Griffin, Chair of the Board of Directors. "His extensive experience with multi-unit operations across regions, as well as his current role leading a large, dispersed organization will be tremendous assets to our Board."

“Being elected to the CVG Board of Directors is a significant honor,” said Mr. Niew. “I am excited to work alongside the Board’s distinguished leaders to help guide the Company into the future.”

Mr. Niew will stand for re-election at the Company’s 2025 Annual Meeting of Stockholders.

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 the Company and its products is available on the internet at www.cvgrp.com.

Investor Relations Contact:
Ross Collins or Stephen Poe
Alpha IR Group
CVGI@alpha-ir.com
Media Contact:
Patrick Woolford, Director, Communications
Patrick.woolford@cvgrp.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6c44c9f1-1c16-438a-a90e-d3402c36e5b9


FAQ

When will Jeffrey Niew join CVGI's Board of Directors?

Jeffrey Niew will join CVGI's Board of Directors effective December 16, 2024.

What is Jeffrey Niew's current role outside of CVGI?

Jeffrey Niew currently serves as President & CEO of Knowles , a position he has held since 2013.

What significant corporate transaction did Jeffrey Niew lead in 2014?

In 2014, Jeffrey Niew led the spin-off of Knowles from Dover to become a NYSE publicly traded company.

When will CVGI shareholders vote on Jeffrey Niew's board position?

Jeffrey Niew will stand for re-election at CVGI's 2025 Annual Meeting of Stockholders.

Commercial Vehicle Group, Inc.

NASDAQ:CVGI

CVGI Rankings

CVGI Latest News

CVGI Stock Data

73.48M
31.58M
7.15%
74.4%
1.94%
Auto Parts
Motor Vehicle Parts & Accessories
Link
United States of America
NEW ALBANY