On Friday, commercial truck parts supplier Commercial Vehicle Group (NASDAQ:CVGI) 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.
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