Item 5. Other Information
ITEM 5 Other Information
On November 1, 2021, the Company's Board of Directors approved a restructuring program to align the Company's cost structure to support margin expansion. The program includes workforce reductions and footprint optimization across segments. We expect the restructuring cost to be between $ 4.0 million to $ 6.0 million for the entire program.
On October 29, 2021, Douglas F. Bowen, (65 years old), Senior Vice President and Managing Director, Global Seating, gave notice of retirement to the Company with a retirement date of December 31, 2021.
These disclosures are in lieu of filing Current Reports on Form 8-Ks.
ITEM 6 Exhibits
31.1
302 Certification by Harold C. Bevis, President and Chief Executive Officer.
31.2
302 Certification by Christopher H. Bohnert, Executive Vice President and Chief Financial Officer.
32.1
Certification Pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2
Certification Pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101 Interactive Data Files
35
Table of Contents
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
COMMERCIAL VEHICLE GROUP, INC.
Date: November 2, 2021 By /s/ Christopher H. Bohnert
Christopher H. Bohnert
Chief Financial Officer
(Principal Financial Officer)
Date: November 2, 2021 By /s/ Angela M. O'Leary
Angela M. O'Leary
Chief Accounting Officer
(Principal Accounting Officer)
36
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.