Commercial Vehicle Group, Inc. (CVGI) Wednesday announced appointment of Richard Lavin as its President and Chief Executive Officer, effective May 28. Lavin is also being appointed as a member of the board of directors.
Lavin most recently served as group president of construction industries and growth markets, where he looked over Caterpillar's earthmoving, excavation and building construction products divisions and the deployment of business strategies in China, India and elsewhere in the Asia Pacific region.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.