CVG Announces New Structure to Support Market-Focused Strategy
CVG Announces New Structure to Support Market-Focused Strategy
NEW ALBANY, Ohio, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (the "Company" or "CVG") (NASDAQ: CVGI), a diversified industrial products and services company, today announced that its Board of Directors has authorized the Company to implement a new organizational structure designed to enhance alignment with its customers and end markets, effective January 1, 2025.
俄亥俄州新阿爾巴尼，2025年1月7日（環球新聞稿）——商用汽車集團（「公司」或「CVG」）（納斯達克：CVGI），一家多元化的工業產品和服務公司，今天宣佈其董事會已授權公司實施新的組織結構，旨在提高與客戶和最終市場的對接，生效日期爲2025年1月1日。
Under this new structure, CVG will reorganize its vertical business units into the following three operating divisions and reporting segments.
根據這一新結構，CVG將其垂直業務單元重組爲以下三個運營部門和報告部分。
- Global Electrical Systems
- Global Seating
- Trim Systems and Components
- 全球電氣系統
- 全球座椅
- 修整系統和元件
As part of this realignment, the Company's Aftermarket & Accessories business unit will be absorbed in these three segments. Its seating and electrical portfolio will transition to Global Seating and Global Electrical Systems, respectively. Its wiper systems will become part of the newly formed Trim Systems and Components business unit in addition to the trim and components businesses from the prior Vehicle Solutions segment.
作爲此次重新調整的一部分，公司的售後及配件業務單元將併入這三個部門。其座椅和電氣產品組合將分別過渡到全球座椅和全球電氣系統。其雨刷系統將成爲新成立的修整系統和元件業務單元的一部分，此外還包括來自之前車輛解決方案部門的修整和元件業務。
Russell Ketteringham will lead the seating business as President, Global Seating, transitioning from President, Global Vehicle Solutions. Donald Fishel will lead the new trim systems and components business as President, Trim Systems and Components in addition to his Business Development responsibilities. Peter Lugo will continue to lead the Electrical Systems segment.
拉塞爾·凱特林將擔任全球座椅業務總裁，之前擔任全球車輛解決方案總裁。唐納德·菲歇爾將擔任新修邊系統和元件業務的總裁，同時負責業務發展。彼得·盧戈將繼續領導電氣系統部門。
In 2024, CVG streamlined its operating model and lowered its cost profile as part of its strategic portfolio rationalization. CVG expects this new structure to enhance clarity and focus, with each business unit positioned to deliver on its specific strategic and operational objectives while executing initiatives to advance key priorities. The realignment better positions CVG for future growth, while lowering corporate and administrative costs to align with the company's current revenue profile.
在2024年，商用汽車集團簡化了其運營模式並降低了成本結構，作爲其策略性投資組合合理化的一部分。商用汽車集團預計這一新結構將提升清晰度和集中度，每個業務單元都能夠實現其具體的戰略和運營目標，同時執行以推進關鍵優先事項的舉措。此次重組更好地爲商用汽車集團未來的增長做好準備，同時降低公司和行政成本，以與公司的當前營業收入結構保持一致。
"This new organizational structure is an important step in our transformation to become a more agile company that puts our customers and our markets first," said James Ray, President, and CEO of CVG. "We anticipate that our new structure will accelerate our operational momentum and drive higher growth through a product-focused, customer-centric enterprise strategy."
CVG的總裁兼首席執行官詹姆斯·雷表示：「這一新組織結構是我們轉型爲更具靈活性的公司的重要一步，優先考慮客戶和市場。我們預計新結構將加速我們的運營勢頭，並通過以產品爲中心的客戶導向企業策略驅動更高的增長。」
CVG expects to begin reporting results under the new reportable segment structure beginning with the first quarter 2025 results, and the Company expects to provide historical quarterly segment results under the new structure at that time as well.
商用汽車集團預計將於2025年第一季度業績開始按新的報告部門結構報告結果，並且公司預計屆時將提供在新結構下的歷史季度部門結果。
About CVG
關於CVG
At CVG, 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 CVG and its products is available at .
在商用汽車集團，我們爲複雜的設計、工程和製造問題提供切實的解決方案，同時爲我們服務的客戶、行業和社區創造積極的改變。有關商用汽車集團及其產品的信息可在此獲取。
Investor Relations Contact:
Ross Collins or Stephen Poe
Alpha IR Group
CVGI@alpha-ir.com
投資者關係聯繫：
羅斯·柯林斯或斯蒂芬·波
阿爾法投資者關係集團
CVGI@alpha-ir.com
Media Contact:
Patrick Woolford
Director, Communications
Patrick.Woolford@cvgrp.com
媒體聯繫人：
帕特里克·伍爾福德
通信
Patrick.Woolford@cvgrp.com
譯文內容由第三人軟體翻譯。
