Growing up, Mervin Dunn was the most educated person in his house after the third grade, and had to win every battle just to survive.
But when Dunn was 17, he started working for PepsiCo and then GTE to earn college tuition money. At GTE he learned that in order to succeed in business, he didn’t need to win every battle, as he had been attempting to do in his life. Instead, he learned it was more important to win the war.
He took that with him to college, and after he started working, Dunn quickly learned he enjoyed turnaround situations. One of his greatest turnarounds was at Commercial Vehicle Group Inc., where he is president and CEO.
When he took over, he first diversified the company’s customer base by getting into more foreign markets. He also took the special approach of starting manufacturing operations in those markets so people could build the truck components to the needs of local customers. He also divested some product lines and stopped CVG from trying to be everything to everyone.
His efforts led CVG to become a nearly $1 billion company that is now publicly traded with more than 20 locations domestically and eight locations internationally. As Dunn continues to move the company forward, he hopes to grow revenue and build a new tech center and corporate offices to help support this growth.
HOW TO REACH: Commercial Vehicle Group Inc., (614) 289-5362 or www.cvgrp.com