Commercial Vehicle CEO to retire this year

NEW ALBANY, Ohio (AP) — Commercial Vehicle Group Inc., which supplies products for heavy duty trucks, said Friday that its CEO for the past decade will retire this year.

Mervin Dunn will remain in his current role until his successor is named, at which time he will officially retire and resign from the New Albany, Ohio-based company's board, Commercial Vehicle said.

Dunn joined Commercial Vehicle in 1999 as its president of trim systems and became president and CEO in 2002. 

Commercial Vehicle said its board has begun a search for a new CEO that will include internal candidates.

Its shares slipped 5 cents to $7.85 in morning trading Friday. Its shares have traded in a 52-week range of $6.69 to $12.96 in the past year.