On Friday, commercial truck parts supplier Commercial Vehicle Group announced that President and Chief Executive Officer Mervin Dunn intends to retire later this year. He will stay on at the company until a successor has been found.
Dunn, who helped bring CVG public in 2004, has served as president and CEO of the company since June 2002 — and before that, he served as president of the preceding company, Trim Systems.
CVG shares sat out Friday’s stock market rally, instead declining 0.9% to close the day at $7.83.
The article Commercial Vehicle Group CEO Retiring originally appeared on Fool.com.
Fool contributor Rich Smith and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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