Commercial Vehicle Group (NASDAQ: CVGI) promotes Angie O’Leary to Chief Financial Officer
Rhea-AI Filing Summary
Commercial Vehicle Group, Inc. appointed Angie O’Leary as Executive Vice President and Chief Financial Officer, effective August 6, 2026. She had served as Interim CFO since March 2026 and previously was Senior Vice President, Corporate Controller and Chief Accounting Officer after joining the company in 2020.
The board’s compensation committee approved a CFO package including a $425,000 base salary, a target annual bonus equal to 65% of base salary, and a long-term incentive award opportunity of at least 120% of annual base salary beginning in 2027, plus 12 months of severance upon a change in control. The company issued a press release on August 10, 2026 highlighting her leadership experience and continued responsibility for global finance functions, including planning and analysis, accounting, treasury, tax, investor relations and financial reporting.
Positive
- None.
Negative
- None.
Filing Explained
CVG’s interim CFO is now permanent, with a contingent 12-month change-in-control severance obligation.
Commercial Vehicle Group appointed Angie O’Leary as Executive Vice President and Chief Financial Officer effective
The appointment is effective, while the severance payment is conditional: the offer letter provides for severance equal to 12 months upon a change in control.
8-K Event Classification
3 items: 5.02, 7.01, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
CFO base salary: $425,000
Target bonus percentage: 65% of base salary
Long-term incentive opportunity: 120% of annual base salary
+3 more
6 metrics
CFO base salary
$425,000
Annual base salary for Angie O’Leary as EVP, Chief Financial Officer
Target bonus percentage
65% of base salary
Annual target bonus opportunity for the CFO role
Long-term incentive opportunity
120% of annual base salary
Minimum long-term incentive award opportunity beginning in 2027
Severance upon change in control
12 months
Severance payment equal to 12 months’ compensation upon change in control
Effective date of CFO appointment
August 6, 2026
Date Angie O’Leary’s appointment as EVP, CFO became effective
Press release date
August 10, 2026
Date the company announced the CFO appointment via press release
Key Terms
Regulation FD, change in control, long-term incentive award, target bonus percentage, +1 more
5 terms
Regulation FD regulatory
"The information in this Item 7.01 is being furnished pursuant to Regulation FD"
Regulation FD is a rule that prevents company insiders, like executives, from sharing important information with some people before others get it. It matters because it helps ensure all investors have equal access to key news, making the stock market fairer and reducing chances of insider trading.
change in control financial
"severance payment upon change in control of the Company equal to 12 months"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
long-term incentive award financial
"long-term incentive award opportunity of no less than 120% of annual base salary"
A long-term incentive award is a form of compensation granted to executives or employees that pays out over several years, often as company stock, stock-like units, or cash tied to future performance goals. Investors care because these awards aim to align management’s interests with shareholder value—like giving a gardener seeds that only grow if they tend the garden well—and they can affect future share counts, reported costs, and the executive team’s motivation to meet long-range targets.
target bonus percentage financial
"target bonus percentage of 65% of her base salary"
Item 404(a) of Regulation S-K regulatory
"transactions between Ms. O’Leary and the Company that would require disclosure under Item 404(a)"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What executive leadership change did CVGI disclose in this 8-K?
Commercial Vehicle Group, Inc. promoted Angie O’Leary to Executive Vice President and Chief Financial Officer, effective August 6, 2026, after she had served as Interim CFO since March 2026 and previously held senior finance roles at the company.
What is Angie O’Leary’s compensation package as CFO of CVGI?
As CFO, Angie O’Leary receives a $425,000 base salary, a target bonus of 65% of base salary, a long-term incentive opportunity of at least 120% of base salary starting in 2027, and severance equal to 12 months’ pay upon a change in control.
What experience does CVGI’s new CFO Angie O’Leary bring to the role?
Angie O’Leary has served as CVGI’s Interim CFO since March 2026 and previously as Senior Vice President, Corporate Controller and Chief Accounting Officer, following earlier leadership roles at Vertiv Holdings Co and audit experience at Deloitte & Touche LLP.
What responsibilities will CVGI’s CFO oversee according to the filing?
As Chief Financial Officer, Angie O’Leary oversees CVGI’s global finance organization, including financial planning and analysis, accounting, treasury, tax, investor relations and financial reporting, supporting the company’s strategic initiatives and long-term growth plans.
Did CVGI issue a press release about the CFO appointment (CVGI)?
Yes. On August 10, 2026, Commercial Vehicle Group issued a press release announcing Angie O’Leary’s promotion to EVP and CFO; the press release is included as Exhibit 99.1 and is incorporated by reference.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): August 6, 2026
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction | (Commission | (I.R.S. Employer | ||||||||||||
| of incorporation) | File Number) | Identification No.) | ||||||||||||
| (Address of principal executive offices) | (Zip Code) | |||||||
Registrant’s telephone number, including area code: 614 -289-5360
Not Applicable
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
| Emerging growth company | |||||
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | ¨ | ||||
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Chief Financial Officer
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.
A copy of Ms. O’Leary’s offer letter is attached hereto as Exhibit 10.01 and is incorporated herein by reference. The foregoing description is qualified in its entirety by reference to such offer letter.
There are no family relationships between Ms. O’Leary and any director or executive officer of the Company, and there are no transactions between Ms. O’Leary and the Company that would require disclosure under Item 404(a) of Regulation S-K.
Item 7.01 Regulation FD Disclosure.
On August 10, 2026, the Company issued a press release announcing the promotion of Ms. O’Leary to EVP, Chief Financial Officer. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
The information in this Item 7.01 is being furnished pursuant to Regulation FD and no part shall be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No | Exhibit Description | ||||
10.01 | Offer Letter of Ms. O’Leary, dated August 6, 2026. | ||||
99.1 | Press Release dated August 10, 2026. | ||||
| 104 | Cover Page Interactive Data File (embedded in the cover page form). | ||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
COMMERCIAL VEHICLE GROUP, INC. | ||||||||||||||||||||
August 10, 2026 | By: | /s/ Aneezal H. Mohamed | ||||||||||||||||||
Name: | Aneezal H. Mohamed | |||||||||||||||||||
Title: | Chief Legal Officer | |||||||||||||||||||
Exhibit 99.1
Commercial Vehicle Group Appoints Angie O'Leary Chief Financial Officer
NEW ALBANY, Ohio, Aug. 10, 2026 (Globe Newswire) – Commercial Vehicle Group, Inc. (NASDAQ: CVGI), a diversified industrial products and services company, today announced that its Board of Directors has appointed Angie O'Leary as Executive Vice President and Chief Financial Officer, effective August 6, 2026.
Ms. O'Leary has served as Interim Chief Financial Officer since March 2026 and previously held the positions of Senior Vice President, Corporate Controller and Chief Accounting Officer. She brings extensive financial leadership experience and deep knowledge of CVG's global operations, financial organization, and strategic priorities.
"Since stepping into the interim CFO role, Angie has demonstrated exceptional leadership, financial expertise and a strong commitment to our business," said James Ray, President and Chief Executive Officer of CVG. "Her performance over the past several months has reinforced our confidence in her ability to lead our finance organization and help drive CVG's long-term success. We are pleased to appoint Angie as our permanent Chief Financial Officer.”
Ms. O'Leary joined CVG in 2020 and has served in several key finance leadership positions. Throughout her tenure, she has played an important role in strengthening the company's financial processes, supporting strategic initiatives and helping position CVG for sustainable growth.
"I am honored by the Board's confidence and excited to continue serving as CVG's Chief Financial Officer," said Ms. O'Leary. "CVG has a talented global team, strong customer relationships and significant opportunities ahead. I look forward to partnering with James, our leadership team, and colleagues around the world as we continue executing our strategy and creating value for our stakeholders.”
As Chief Financial Officer, Ms. O'Leary will continue to oversee the company's global finance organization, including financial planning and analysis, accounting, treasury, tax, investor relations and financial reporting.
About CVG
Commercial Vehicle Group, Inc. and its subsidiaries, is a global provider of systems, assemblies and components to global commercial vehicle markets and electric vehicle markets. 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: Media Contact:
Ross Collins or Nathan Skown Patrick Woolford
Alpha IR Group Director, Communications
CVGI@alpha-ir.com Patrick.Woolford@cvgrp.com
Ross Collins or Nathan Skown Patrick Woolford
Alpha IR Group Director, Communications
CVGI@alpha-ir.com Patrick.Woolford@cvgrp.com
1