Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Chief Accounting Officer
(b)(c) On November 11, 2020, Commercial Vehicle Group, Inc. (the "Company")
appointed Angela M. O'Leary as Vice President, Corporate Controller and Chief
Accounting Officer of the Company effective November 30, 2020. Effective
November 30, 2020, Ms. O'Leary will be the Company's principal accounting
officer, replacing Christopher H. Bohnert in that designation. Mr. Bohnert will
continue in his role as Chief Financial Officer of the Company.
Ms. O'Leary, age 39, has over 16 years of experience in finance and accounting.
Ms. O'Leary was previously at Vertiv, from May 2017 to November 2020, where she
served recently as Director - Assistant Corporate Controller, and held positions
of increasing responsibility including Senior Manager - External Reporting and
Technical Accounting, Director - External Reporting and Technical Accounting,
and Interim Corporate Controller. Ms. O'Leary began her career in public
accounting at Deloitte & Touche, LLP, holding various roles, from January 2004
to May 2017, including Audit Associate through Audit Manager, Senior Manager -
National Office Professional Practice Directors, and Senior Manager - Audit. Ms.
O'Leary holds a Bachelor of Science degree in Business Administration and Master
of Accounting from The Ohio State University. Ms. O'Leary is a Certified Public
Accountant licensed in Ohio.
As part of Ms. O'Leary's appointment as Vice President, Corporate Controller and
Chief Accounting Officer, her compensation will consist of a base salary of
$240,000, certain new hire short-term incentive awards, and restricted stock
awards. Ms. O'Leary will also receive an annual bonus under the Company's annual
bonus plan as may be in effect from time to time, equity and other long-term
incentive awards under any applicable plan adopted by the Company during the
term of her employment for which employees are generally eligible and will be
eligible to receive annual incentive awards under the Company's 2020 Equity
Incentive Plan. The foregoing description of the terms of the offer to Ms.
O'Leary is not complete, and is qualified in its entirety by reference to the
full text of Ms. O'Leary's offer letter, a copy of which is attached hereto as
Exhibit 10.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
10.1 Offer Letter of Angie M. O'Leary.
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses