David Ruppel was named President and Chief Executive Officer of Commercial Vehicle Group, Inc., succeeding James R. Ray, effective November 9, 2026. As of November 6, 2026, Commercial Vehicle Group, Inc. has reported 4 leadership change filings to the SEC under Item 5.02 of Form 8-K, from April 1, 2026 to November 2, 2026, naming 1 appointment and 3 departures (Form 8-K, November 2, 2026).
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Key facts
- · In / out: In · Person: David Ruppel · Role: President and Chief Executive Officer · Effective: 2026-11-09 · 8-K, 2026-11-02
- · In / out: Reported · Person: not named in the filing · 8-K, 2026-08-10
- · In / out: Reported · Person: not named in the filing · 8-K, 2026-04-28
- · In / out: Out · Person: Andy Cheung · Role: Chief Financial Officer · Effective: 2026-04-15 · 8-K, 2026-04-01
Commercial Vehicle Group, Inc. reported changes in 4 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-04-01 to 2026-11-02. They name 3 people, with 1 appointment and 3 departures. Every row below is cited to the filing it comes from, and this page adds each new change as Commercial Vehicle Group, Inc. files it.
Also on the record for Commercial Vehicle Group, Inc.
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| August 13, 2026 | Stake report, Schedule 13G, by Renaissance Technologies LLC | 5.2% of the class | 5%+ stakes | Source |
| July 27, 2026 | Stake report, Schedule 13G, by BlackRock, Inc. | 6.2% of the class | 5%+ stakes | Source |
| July 22, 2026 | Stake report, Schedule 13G, by The TCW Group, Inc., on behalf of the TCW Business Unit | 7.84% of the class | 5%+ stakes | Source |
| February 9, 2026 | Stake report, Schedule 13D/A, by Lakeview Opportunity Fund LLC | 8.9% of the class | 5%+ stakes | Source |
| November 13, 2025 | Stake report, Schedule 13G/A, by Renaissance Technologies LLC | 4.96% of the class | 5%+ stakes | Source |
| September 15, 2025 | Stake report, Schedule 13D/A, by Lakeview Opportunity Fund LLC | 8.5% of the class | 5%+ stakes | Source |
| July 31, 2025 | Stake report, Schedule 13G/A, by ROYCE & ASSOCIATES LP | — | 5%+ stakes | Source |
| July 16, 2025 | Stake report, Schedule 13G/A, by BlackRock, Inc. | 1.5% of the class | 5%+ stakes | Source |
| July 1, 2025 | Stake report, Schedule 13D, by Lakeview Opportunity Fund LLC | 9% of the class | 5%+ stakes | Source |
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More on Commercial Vehicle Group, Inc. and the records around it.
Commercial Vehicle Group, Inc. elsewhere on the record
- 5%+ stake filings Aug 2026
- Who owns it
Companies that share a holder
- Lakeview Opportunity Fund LLC also filed stake reports on 1 other company: Quipt Home Medical Corp. (Nov 2025)
- The TCW Group, Inc., on behalf of the TCW Business Unit also filed stake reports on 4 other companies: Accuray Inc (Sep 2026), EagleRock Land, LLC (May 2026), OLD MARKET CAPITAL CORPORATION (Sep 2025)
- Renaissance Technologies LLC also filed stake reports on 46 other companies: AMERICAN PUBLIC EDUCATION INC (Aug 2026), Bolt Biotherapeutics, Inc. (Aug 2026), GeoPark Ltd (Aug 2026)
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Timeline
| Filed | In / out | Person | Role | Effective | Source |
|---|---|---|---|---|---|
| 2026-11-02 | In | President and Chief Executive Officer | 2026-11-09 | 8-K, 2026-11-02 | |
| 2026-11-02 | Out | President and Chief Executive Officer | 2026-11-09 | 8-K, 2026-11-02 | |
| 2026-08-10 | Reported | not named in the filing | 8-K, 2026-08-10 | ||
| 2026-04-28 | Reported | not named in the filing | 8-K, 2026-04-28 | ||
| 2026-04-01 | Out | Chief Financial Officer | 2026-04-15 | 8-K, 2026-04-01 | |
| 2026-04-01 | Out | 8-K, 2026-04-01 |
Who leads Commercial Vehicle Group, Inc., as last reported?
For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.
- President and Chief Executive Officer: David Ruppel, appointed, effective 2026-11-09 (filed 2026-11-02).
- Chief Financial Officer: Andy Cheung, departure reported, effective 2026-04-15 (filed 2026-04-01). No successor is named in these filings.
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Find candidates like President and Chief Executive Officer at Commercial Vehicle Group, Inc.Every change, in the filing's words
Appointed: David Ruppel, President and Chief Executive Officer, effective 2026-11-09
On November 2, 2026, the Company announced that, on October 30, 2026, its Board of Directors (the "Board") appointed David Ruppel as President and Chief Executive Officer of the Company and as a member of the Board, in each case effective November 9, 2026 (the "Start Date").
Departing: James R. Ray, President and Chief Executive Officer, effective 2026-11-09
Pursuant to the Transition Agreement, Mr. Ray will resign as President and Chief Executive Officer and as a member of the Board effective November 9, 2026, and will remain an employee through the Retirement Date.
- Mr. Ruppel will succeed James R. Ray, Jr., who will step down as President and Chief Executive Officer and as a member of the Board effective on the Start Date.
- Mr. Ray will remain with the Company as Senior Advisor to the Chief Executive Officer to assist with the transition through his retirement on January 5, 2027 (the "Retirement Date").
- Mr. Ray's resignation from the Board did not result from any disagreement with the Company on any matter relating to its operations, policies or practices.
- Mr. Ruppel, age 55, has worked at Littelfuse, Inc., a global industrial technology company focused on circuit protection, sensing, switching and power control solutions, since 2024, most recently as Senior Vice President and General Manager, Transportation & Logistics.
- From 2021 to 2024, he served as President of IDEX Optical Technologies, a provider of engineered optical components and systems.
- From 2017 to 2021, he served as President of Montevideo Technology Inc., a provider of custom motor and motion control systems.
- Earlier in his career, he held leadership positions with Herman Miller-Nemschoff and Eaton-Cooper Power Systems.
- Mr. Ruppel holds an Executive Master of Business Administration from Marquette University and a Bachelor of Science in Management from Cardinal Stritch University.
- Mr. Ruppel is not expected to be named to any committee of the Board.
Reported
On August 6, the Board of Directors of Commercial Vehicle Group, Inc. (the "Company") promoted Angie O'Leary, age 45, to EVP, Chief Financial Officer, effective immediately.
- Since March 2026, Ms. O'Leary has served as Interim Chief Financial Officer, and prior to that, since December 2020, served as the Company's Senior Vice President, Corporate Controller and Chief Accounting Officer.
- Prior to joining the Company, Ms. O'Leary held several leadership roles at Vertiv Holdings Co from May 2017 to December 2020, including Interim Corporate Controller.
- Earlier in her career, Ms. O'Leary held several roles at Deloitte & Touche LLP beginning in January 2004, culminating in the role of Senior Manager - Audit, from August 2010 to May 2017.
- In 2003, Ms. O'Leary obtained a Bachelor of Science degree in Business Administration and a Master of Accounting from The Ohio State University.
- Ms. O'Leary has been a Certified Public Accountant (active status) since 2005.
- In connection with Ms. O'Leary's appointment as Chief Financial Officer, the compensation committee of the board of directors of the Company approved Ms. O'Leary's compensation as follows: base salary $425,000, target bonus percentage of 65% of her base salary, long-term incentive award opportunity of no less than 120% of annual base salary beginning in 2027, and severance payment upon change in control of the Company equal to 12 months.
Reported
On March 31, 2025, the Committee established the 2025 long term incentive plan for the Company's named executive officers, pursuant to which the participants could earn awards based on the greater of either EBITDA performance or stock price performance over a three-year performance period.
- (e) On June 10, 2025, the Compensation Committee (the "Committee") of Commercial Vehicle Group, Inc. (the "Company") granted 805,031 shares of restricted stock pursuant to the Company's Amended and Restated 2020 Equity Incentive Plan (the "Plan") to Mr. James Ray, the Company's President and Chief Executive Officer.
- It came to the attention of the Committee that, in light of the significant fluctuation in the Company's stock price, the original grant to Mr. Ray exceeded the Plan share limitation by 85,031 shares.
- Effective April 22, 2026, Mr. Ray agreed to surrender and transfer to the Company for no consideration, all right, title and interest in and to 85,031 unvested shares of such restricted stock award so that the original grant will comply with the requirements of the Plan.
- The description of the material terms of such agreement is qualified in their entirety by reference to such exhibit.
- The 2025 long-term incentive plan for Mr. Ray provided that 50% of his award would be settled in cash (with threshold, target and maximum awards at $480,000, $960,000 and $1,920,000, respectively) and 50% of his award would be settled in stock (with threshold, target and maximum awards at $480,000, $960,000 and $1,920,000, respectively) if the performance measures are met.
Departing: Andy Cheung, Chief Financial Officer, effective 2026-04-15
On March 26, 2026, Andy Cheung, Chief Financial Officer of Commercial Vehicle Group, Inc. (the "Company"), notified the Company of his decision to resign from his position as Chief Financial Officer and from any and all other positions held with the Company and its subsidiaries and affiliates, effective April 15, 2026.
Departing: Andy Cheung
Mr. Cheung is resigning to accept a position as chief financial officer of a mid-cap publicly traded company.
- Mr. Cheung is expected to continue to serve as Chief Financial Officer through the effective date to assist with the transition.
- Mr. Cheung's resignation is not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices, including any accounting principles or practices, financial statement disclosures or internal controls.
- In connection with Mr. Cheung's resignation, the treatment of Mr. Cheung's equity awards and other compensation and benefits will be governed by the terms of the applicable equity incentive plans, award agreements and any applicable agreements.
- Subject to the foregoing, the Company expects that all unvested equity awards and other unvested benefits held by Mr. Cheung will be forfeited and terminate as of the effective date of resignation.
- Appointment of Chief Financial Officer On March 26, 2026, the Company promoted Angie O'Leary, age 44, as Interim Chief Financial Officer.
- Ms. O'Leary will also continue to serve in her current role as the Corporate Controller and Chief Accounting Officer.
- Ms. O'Leary has served as the Company's Senior Vice President, Corporate Controller and Chief Accounting Officer since December 2020.
- Prior to joining the Company, Ms. O'Leary held several leadership roles at Vertiv Holdings Co from May 2017 to December 2020, including Interim Corporate Controller.
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Where this comes from
A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.
Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.
