STOCK TITAN

CVG Announces New Business Leader of Aftermarket, NPI and Ecommerce

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

CVG (NASDAQ: CVGI) announced the appointment of Peter Ingemi as Vice President of Aftermarket, NPI, and Ecommerce. Reporting to CEO Harold Bevis, Ingemi will lead initiatives in the Global Aftermarket & Accessories Business, NPI Strategic Program Management, and Marketing & Ecommerce. Bevis expressed optimism about Ingemi's experience in ecommerce driving growth in these key areas. Ingemi, previously Chief Commercial Officer at Omnimax International, aims to leverage his expertise to enhance CVG's sales and margins.

Positive
  • Appointment of Peter Ingemi as VP of Aftermarket, NPI, and Ecommerce.
  • Focus on enhancing global aftermarket and ecommerce strategies.
  • Leadership experience of Ingemi expected to drive profitable growth.
Negative
  • None.

NEW ALBANY, Ohio, Sept. 08, 2021 (GLOBE NEWSWIRE) -- CVG (NASDAQ: CVGI) announced today that Peter Ingemi has joined CVG as Vice President of Aftermarket, NPI and Ecommerce, reporting to Harold Bevis, President and Chief Executive Officer.

In this newly formed business unit, Mr. Ingemi will provide leadership in three key focus areas of CVG: Global Aftermarket & Accessories Business; NPI Strategic Program Management; and Marketing & Ecommerce.  

Harold Bevis, President and Chief Executive Officer, commented, “I am thrilled that Peter is joining CVG as he has the experience and skillset to profitably grow CVG’s business in these areas which are key priorities for us given the potentially large opportunities that exist. Peter’s experience in ecommerce and digital marketing are additive to our team as we remain committed to growing sales, growing margins and increasing our pace.”

Mr. Ingemi, said, “I am excited to join CVG and bring my experience to drive profitable growth in aftermarket, ecommerce and new products. I really like CVG’s new direction and look forward to creating results in my assigned leadership areas, and overall. It is going to involve leveraging our strengths, adding some new ideas, hard work, and a lot of fun.”

Mr. Ingemi joins CVG from Omnimax International where he served as the Chief Commercial Officer with responsibility for ideating and launching new, metal fabricated products, both stock and made-to-order, implementing marketing programs, setting pricing and programs with major accounts, licensing new technology and launching new production sites. Prior to Omnimax, Mr. Ingemi served as Chief Operating Officer of Acktify, which is a Top 100 seller on every major ecommerce marketplace. Mr. Ingemi has expert knowledge of creating and installing curated product offerings on the internet. Mr. Ingemi holds a BS in Management and an MBA from Salem State College in Massachusetts.

For further information, please contact IR@CVGRP.com.

About CVG

CVG is a global provider of components and assemblies into two primary end markets – the global vehicle market and the U.S. technology integrator markets. The company provides components and assemblies to global vehicle companies to build original equipment and provides aftermarket products for fleet owners. The company also provides mechanical assemblies to warehouse automation integrators and to U.S. military technology integrators. Information about the Company and its products is available on the internet at www.cvgrp.com.

Investor Contact

Christopher Bohnert, Chief Financial Officer
CVG
IR@CVGRP.com


FAQ

Who is the new Vice President of Aftermarket at CVGI?

Peter Ingemi has been appointed as the new Vice President of Aftermarket, NPI, and Ecommerce at CVGI.

What are Peter Ingemi's key responsibilities at CVGI?

Ingemi will lead the Global Aftermarket & Accessories Business, NPI Strategic Program Management, and Marketing & Ecommerce at CVGI.

What is the significance of Peter Ingemi's appointment for CVGI?

Ingemi's experience in ecommerce and digital marketing is expected to drive profitable growth in strategic business areas for CVGI.

What prior experience does Peter Ingemi have before joining CVGI?

Before joining CVGI, Ingemi served as Chief Commercial Officer at Omnimax International, where he was responsible for new product launches and marketing programs.

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