CNH Industrial unveils new organizational structure for its Off-Highway future
02 November 2021 - 09:00PM
- Corporate vision: Sustainably
advancing the noble work of global agricultural and construction
workers
- New optimized organizational
structure will drive efficiency, agility and accountability
- Structure enhances
customer-centricity and targets digital and technology
leadership
London, November 2, 2021
CNH Industrial N.V. (NYSE: CNHI / MI: CNHI)
announces a new strategic structure as an integral part of the
Company’s transition into an organization that will lead in the
agriculture and construction sectors following the spin-off of
Iveco Group.
This organization aims to accomplish key
strategic objectives, all fulfilling CNH Industrial’s vision:
Sustainably advancing the noble work of global agricultural and
construction workers.
“We are implementing a new organizational
structure, and enhancing our Senior Leadership Team, to elevate our
focus on customers and dealers, improve productivity and accelerate
profitable growth,” said Scott Wine, CEO, CNH Industrial. “This new
structure fosters agility, eliminates unnecessary bureaucracy, and
promotes clear accountability as we execute our strategic
priorities and create value for our stakeholders.”
A new organizational model
CNH Industrial is committed to delivering the
highest ethical standards and supporting its dealers and customers
through a diverse and inclusive workforce, industry-leading
technology, exceptional safety and quality, and unmatched
innovation.
This structure embraces a lean and agile
approach to business and delineates clear accountability. It
includes the full list of appointments to the Senior Leadership
Team (SLT).
The CEO oversees three Global
Business Units (GBUs), which are
tasked with profitably and sustainably growing their
businesses:
Agriculture
Construction
Financial ServicesDerek Neilson,
President Stefano
Pampalone,
President
Oddone Incisa, President
The following areas, which report to the CEO,
are integrated into the GBUs, driving strategic growth by swiftly
identifying, creating, and deploying relevant solutions:
Corporate Regions North America
– Brad Crews, PresidentEurope, Middle East & Africa – Carlo
Alberto Sisto, PresidentLatin America – Vilmar Fistarol,
PresidentAsia Pacific – Chun Woytera, President
Business FunctionsDigital &
Precision – Parag Garg, Chief Digital OfficerTechnology &
Quality – Jay Iyengar, Chief Technology & Quality OfficerSupply
Chain – Tom Verbaeten, Chief Supply Chain OfficerCNH Industrial
Business System1 – Scott Moran, Chief CNH Industrial Business
System Officer
Support FunctionsFinance –
Oddone Incisa, Chief Financial OfficerHuman Resources – Kevin Barr,
Chief Human Resources OfficerIT – Marc Kermisch, Chief Information
OfficerLegal & Compliance – Roberto Russo, Chief Legal and
Compliance Officer
Operating at global level in direct support of
the CEO and the effective execution of the GBUs and Corporate
Regions are the following Corporate Staff
functions:
Diversity & Inclusion, Sustainability and
Transformation – Kelly Tolbert, Chief Diversity & Inclusion,
Sustainability and Transformation Officer Corporate Development –
Michele Lombardi, Senior Vice President of Corporate Development
Internal Audit – Carlo De Bernardi, Senior Vice President of
Internal AuditCommunications – Laura Overall, Senior Vice President
of Communications
“Our new streamlined structure will drive
improved results by empowering front-line managers, accelerating
decision-making across our organization, and holding us accountable
to our customers,” said Wine. “I wish to congratulate the full SLT
on their appointments and thank them for their strong leadership.
Their comprehensive knowledge and diverse experience qualify them
as the core group to lead us forward. With their guidance and our
customer-centric mindset and structure, we are positioned to
compete and win in our vast, global Agriculture and Construction
Equipment markets.”
CNH Industrial
N.V. (NYSE: CNHI / MI: CNHI) is a global leader in
the capital goods sector with established industrial experience, a
wide range of products and a worldwide presence. Each of the
individual brands belonging to the Company is a major international
force in its specific industrial sector: Case IH, New Holland
Agriculture and Steyr for tractors and agricultural machinery; Case
and New Holland Construction for earth moving equipment; Iveco for
commercial vehicles; Iveco Bus and Heuliez Bus for buses and
coaches; Iveco Astra for quarry and construction vehicles; Magirus
for firefighting vehicles; Iveco Defence Vehicles for defence and
civil protection; and FPT Industrial for engines and transmissions.
More information can be found on the corporate website:
www.cnhindustrial.com
Sign up for corporate news alerts from
the CNH Industrial Newsroom:
bit.ly/media-cnhindustrial-subscribe
Contacts:
Corporate Communications
Email: mediarelations@cnhind.com
Investor Relations
Email: investor.relations@cnhind.com
1 This new function within the company was implemented in July
2021. It is a comprehensive company-wide program that drives
continuous improvement in all facets of the organization.
- 20211102_PR_CNH_Industrial_SLT_announcement
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