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CVGI Shareholders Approve Board, Equity Plan, Auditor

CVGI shareholders approved board members, equity plan, and auditor at annual meeting. Stock up 251% in past year.

Matthew King
ByMatthew King- Senior Editor
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Shareholders of Commercial Vehicle Group (NASDAQ:CVGI) approved all proposals at the virtual annual meeting. The stock surged 251% over the past year to $5.04.

Seven directors were elected to serve until 2027: Melanie K. Cook, William C. Johnson, Ari B. Levy, J. Michael Nauman, Jeffrey S. Niew, Wayne M. Rancourt, and James R. Ray.

The 2020 Equity Incentive Plan was approved: 16,488,699 for, 1,105,162 against, 288,271 abstentions.

Executive compensation received non-binding approval: 16,004,623 for, 1,565,305 against.

KPMG LLP was ratified as auditor: 26,267,698 for, 575,588 against.

Shares entitled to vote: 36,634,201 as of March 16, 2026.

For Q1 2026, CVG reported better-than-expected EPS of -$0.10 vs. -$0.13 estimate, and revenue of $171.5M vs. $160.41M.

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