Commercial Vehicle Group, Inc. (the “Company”) (Nasdaq: CVGI) announced today that Patrick E. Miller was appointed President and CEO, following the resignation of Richard P. Lavin, effective November 20, 2015. Miller will also replace Lavin on the Board of Directors.
Miller, who most recently was President of the Company’s Global Truck & Bus Division, has been with Commercial Vehicle Group since 2005. During this time, he served in the capacity of Sr. Vice President & General Manager of Aftermarket; Sr. Vice President of Global Purchasing, Vice President of Global Sales, Vice President & General Manager of North American Truck, and Vice President & General Manager of Structures. Prior to joining CVG, Miller held engineering, sales, and operational leadership positions with Hayes Lemmerz International, Alcoa, Inc. and ArvinMeritor. He holds a Bachelor of Science in Industrial Engineering from Purdue University and a Masters of Business Administration from the Harvard University Graduate School of Business.
Chairman Dick Snell noted “Pat has successfully managed many aspects of CVG’s operations at a senior level and has a distinguished record in his current role. He has consistently exhibited the discipline, creativity, and focus needed to be successful.” He added, “On behalf of the entire organization and the Board of Directors, I thank Rich for his contributions and wish Pat the best in this new role.”
“It is a privilege to be named CEO,” said Miller. “I am grateful to Rich Lavin and the Board for their efforts over the past several years to prepare me for this role. I am committed to attacking the challenges facing us which include improving our competitive cost position while we pursue growth. We are fortunate to have capable, committed people throughout the organization and I look forward to working with them.”
A conference call to discuss this press release is scheduled for Tuesday, November 24th at 10:00 a.m. Eastern Time. The participant dial in number is (866) 300-8704 and the conference ID is 86685899.
This call will be webcast by Nasdaq and can be accessed at Commercial Vehicle Group’s website at www.cvgrp.com where it will be archived for one year.
