CNH strengthens Global Leadership Team to deliver key priorities efficiently. Investor Day in early 2025.
30 July 2024 - 6:30AM
CNH strengthens Global Leadership Team
to deliver key priorities efficiently. Investor Day in early
2025.Basildon, July 29, 2024
CNH (NYSE: CNH) announces its new Global
Leadership Team (GLT), which is empowered to carry out faster and
more effective delivery of its strategic priorities for profitable
long-term growth globally in the Agriculture segment. The
Construction segment will operate as a distinct business unit
inside CNH with increased autonomy.
The new GLT is organized in a simplified matrix
and comprises industry-leading experts and practitioners from
within CNH. Their intimate in-house and industry knowledge coupled
with their significant experience will support the Company’s
strategic execution. These appointments are effective August 1. All
roles report to the CEO.
Segment Heads
- Gerrit Marx
assumes direct responsibility for the Agriculture segment as CEO of
CNH, encompassing the previous role of President, Agriculture. Mr.
Marx recently rejoined CNH succeeding Scott Wine.
- Humayun Chishti is
appointed as President, Construction. Mr. Chishti joined CNH in
2002 and was previously the Finance Business Partner for
Construction.
- Douglas MacLeod is
confirmed as President, Financial Services. He has been with CNH
for more than 15 years.
Region Heads
Alongside the Presidents of Construction and
Financial Services with their specific responsibilities for the
profitability of their respective segments, the Region Heads are
responsible for the financial performance and commercial execution
of the Agriculture segment in their respective regions. Their
mission is to deliver customer-centric excellence and strategic
growth.
- Vilmar Fistarol is
confirmed as President, North America. Mr. Fistarol has over 30
years of experience with the Company.
- Carlo Alberto
Sisto is confirmed as President, EMEA. Mr. Sisto joined
CNH in 1998.
- Rafael Miotto is
confirmed as President, Latin America, and has over 20 years of
experience with CNH.
- Luca Mainardi is
appointed as President, Asia Pacific – excluding India. Mr.
Mainardi has been with CNH for over 20 years – most recently as
China Country Manager and Head of Brand Management & Commercial
Services in Asia Pacific.
- Narinder Mittal is
appointed as President, India. This appointment recognizes the
significant and increasing strategic position of India as a market
itself, a sourcing and manufacturing hub, and home to engineering
centers of excellence for CNH’s iron and tech. Mr. Mittal was
previously India Country Manager and first joined CNH in 2016.
Function Heads
- Stefano Pampalone
is appointed as Agriculture Chief Commercial Officer with global
responsibility for the Agriculture segment’s commercial strategy,
brand and aftermarket activities. Mr. Pampalone was previously
President, Construction where he led the turnaround of this
business to record margin growth in 2023. Mr. Pampalone joined CNH
in 1999.
- Oddone Incisa is
confirmed as Chief Financial Officer, and has over 25 years of
service with the Company.
- Jay Schroeder is
appointed as Chief Technology Officer. Mr. Schroeder has over 30
years of experience with CNH, covering roles of increasing
responsibility in R&D, most recently as Head of Agriculture
Product Development.
- Carlos Santiago is
appointed as Chief Manufacturing Officer. He will also assume
responsibility for the CNH Business System. Mr. Santiago was
previously responsible for quality and special projects, rejoining
CNH in 2023 after close to a decade with Daimler and Mercedes Benz
overseeing industrial operations first in Brazil, and then in North
America.
- Tom Verbaeten is
confirmed as Chief Supply Chain Officer. Mr. Verbaeten has been
with CNH since 1994.
- Chun Woytera is
appointed as Chief Quality & Customer Advocacy Officer and
Chief Sustainability Officer, transitioning from her role as
President, Asia Pacific. In this newly created position Ms.
Woytera, who has been with CNH since 1997, will continue to advance
overall quality, a cornerstone of customer success and future
growth.
- Kelly Manley is
confirmed as Chief Human Resources Officer. Ms. Manley joined CNH
in 2021.
- Roberto Russo is
confirmed as Chief Legal and Compliance Officer, having been with
the company for over 35 years.
The Internal Audit function – led by
Glenn Robertson – reports directly to the Audit
Committee of the CNH Board of Directors.
“I am confident that this leadership team will
accelerate the delivery of world-class products and services that
elevate our customers’ experience. Our unstinting focus on quality,
our brands and the convergence of world-class iron and technology
will guide our operational execution. I look forward to presenting
our updated strategic plan at an Investor Day in early 2025 –
Breaking New Ground together as we continue to claim our own turf
in a competitive landscape,” said Gerrit Marx, CEO at CNH. “On
behalf of the Company, I wish to thank Fritz Eichler, Marc Kermisch
and Scott Moran for their valuable contributions and wish them all
every success in their future endeavors outside of CNH.”
CNH Industrial (NYSE: CNH) is a
world-class equipment, technology and services company. Driven by
its purpose of Breaking New Ground, which centers on Innovation,
Sustainability and Productivity, the Company provides the strategic
direction, R&D capabilities, and investments that enable the
success of its global and regional Brands. Globally, Case
IH and New Holland supply 360°
agriculture applications from machines to implements and the
digital technologies that enhance them; and CASE
and New Holland Construction Equipment deliver a
full lineup of construction products that make the industry more
productive. The Company’s regionally focused Brands include:
STEYR, for agricultural tractors;
Raven, a leader in digital agriculture, precision
technology and the development of autonomous systems;
Hemisphere, a leading designer and manufacturer of
high-precision satellite-based positioning, and heading
technologies; Flexi-Coil, specializing in tillage
and seeding systems; Miller, manufacturing
application equipment; Kongskilde, providing
tillage, seeding and hay & forage implements; and
Eurocomach, producing a wide range of mini and
midi excavators for the construction sector, including electric
solutions.
Across a history spanning over two centuries,
CNH has always been a pioneer in its sectors and continues to
passionately innovate and drive customer efficiency and success. As
a truly global company, CNH’s 40,000+ employees form part of a
diverse and inclusive workplace, focused on empowering customers to
grow, and build, a better world.
For more information and the latest financial
and sustainability reports visit: cnh.com
For news from CNH and its Brands visit:
media.cnh.com
Contacts:
Media RelationsEmail:
mediarelations@cnh.com
Investor RelationsEmail:
investor.relations@cnh.com
- 20240729_PR_CNH_GLT_Announcement
CNH Industrial NV (NYSE:CNHI)
Historical Stock Chart
From Oct 2024 to Nov 2024
CNH Industrial NV (NYSE:CNHI)
Historical Stock Chart
From Nov 2023 to Nov 2024