CNH strengthens Global Leadership Team to deliver key priorities efficiently. Investor Day in early 2025.
CNH (NYSE: CNHI) has announced a new Global Leadership Team (GLT) to enhance delivery of strategic priorities for profitable long-term growth in the Agriculture segment. The Construction segment will operate as a distinct business unit with increased autonomy. Key appointments, effective August 1, include:
- Gerrit Marx as CEO, directly responsible for Agriculture
- Humayun Chishti as President, Construction
- Douglas MacLeod as President, Financial Services
- Regional heads for North America, EMEA, Latin America, Asia Pacific, and India
- Function heads for Commercial, Finance, Technology, Manufacturing, Supply Chain, Quality & Sustainability, HR, and Legal & Compliance
CNH plans to present its updated strategic plan at an Investor Day in early 2025.
CNH (NYSE: CNHI) ha annunciato un nuovo Team di Leadership Globale (GLT) per migliorare l'attuazione delle priorità strategiche per una crescita profittevole a lungo termine nel segmento Agricolo. Il segmento Costruzione opererà come un'unità aziendale distinta con maggiore autonomia. Tra le principali nomine, efficaci dal 1° agosto, figurano:
- Gerrit Marx come CEO, direttamente responsabile per l'Agricoltura
- Humayun Chishti come Presidente, Costruzione
- Douglas MacLeod come Presidente, Servizi Finanziari
- Responsabili regionali per Nord America, EMEA, America Latina, Asia Pacifico e India
- Responsabili delle funzioni per Commerciale, Finanza, Tecnologia, Produzione, Catena di Fornitura, Qualità & Sostenibilità, HR e Legale & Conformità
CNH prevede di presentare il suo piano strategico aggiornato in occasione di un Investor Day all'inizio del 2025.
CNH (NYSE: CNHI) ha anunciado un nuevo Equipo Global de Liderazgo (GLT) para mejorar la entrega de prioridades estratégicas para un crecimiento rentable a largo plazo en el segmento de Agricultura. El segmento de Construcción operará como una unidad de negocio distinta con mayor autonomía. Los nombramientos clave, que entrarán en vigor el 1 de agosto, incluyen:
- Gerrit Marx como CEO, responsable directamente de Agricultura
- Humayun Chishti como Presidente, Construcción
- Douglas MacLeod como Presidente, Servicios Financieros
- Responsables regionales para América del Norte, EMEA, América Latina, Asia-Pacífico e India
- Responsables de funciones para Comercial, Finanzas, Tecnología, Manufactura, Cadena de Suministro, Calidad & Sostenibilidad, Recursos Humanos y Legal & Cumplimiento
CNH planea presentar su plan estratégico actualizado en un Día del Inversor a principios de 2025.
CNH (NYSE: CNHI)는 농업 부문의 수익성 있는 장기 성장을 위한 전략적 우선사항 전달 강화를 위한 새로운 글로벌 리더십 팀 (GLT)을 발표했습니다. 건설 부문은 더 큰 자율성으로 독립적인 사업 부문으로 운영됩니다. 8월 1일 자로 다음과 같은 주요 임명이 이루어졌습니다:
- Gerrit Marx가 CEO로 취임하며 농업을 직접 책임집니다.
- Humayun Chishti가 건설 부문의 사장이 됩니다.
- Douglas MacLeod가 금융 서비스 부문의 사장이 됩니다.
- 북미, EMEA, 라틴 아메리카, 아시아 태평양 및 인도의 지역 책임자.
- 상업, 재무, 기술, 제조, 공급망, 품질 및 지속 가능성, 인사 및 법률 및 준수 부문의 기능 책임자.
CNH는 2025년 초 투자자 날에 업데이트된 전략 계획을 발표할 예정입니다.
CNH (NYSE: CNHI) a annoncé une nouvelle Équipe de Direction Globale (GLT) pour améliorer la mise en œuvre des priorités stratégiques pour une croissance rentable à long terme dans le segment Agriculture. Le segment Construction fonctionnera comme une unité commerciale distincte avec une autonomie accrue. Les principales nominations, effectives à partir du 1er août, comprennent :
- Gerrit Marx en tant que PDG, responsable directement de l'Agriculture.
- Humayun Chishti en tant que Président, Construction.
- Douglas MacLeod en tant que Président, Services Financiers.
- Chefs régionaux pour l'Amérique du Nord, l'EMEA, l'Amérique Latine, l'Asie-Pacifique et l'Inde.
- Chefs de fonction pour le Commercial, les Finances, la Technologie, la Fabrication, la Chaîne d'Approvisionnement, la Qualité & la Durabilité, les RH, ainsi que les Questions Juridiques & de Conformité.
CNH prévoit de présenter son plan stratégique mis à jour lors d'un Journée des Investisseurs au début de 2025.
CNH (NYSE: CNHI) hat ein neues Global Leadership Team (GLT) angekündigt, um die Umsetzung strategischer Prioritäten für profitables langfristiges Wachstum im Agrarsektor zu verbessern. Der Bausektor wird als eigenständige Geschäftseinheit mit größerer Autonomie agieren. Zu den wichtigsten Ernennungen, die am 1. August wirksam werden, gehören:
- Gerrit Marx als CEO, der direkt für die Landwirtschaft verantwortlich ist.
- Humayun Chishti als Präsident, Bauwesen.
- Douglas MacLeod als Präsident, Finanzdienstleistungen.
- Regionale Leiter für Nordamerika, EMEA, Lateinamerika, Asien-Pazifik und Indien.
- Funktionsleiter für Vertrieb, Finanzen, Technologie, Fertigung, Lieferkette, Qualität & Nachhaltigkeit, HR sowie Rechts- & Compliance.
CNH plant, seinen aktualisierten strategischen Plan an einem Investoren-Tag Anfang 2025 vorzustellen.
- Streamlined organizational structure with a simplified matrix
- Increased autonomy for the Construction segment
- Appointment of experienced industry leaders to key positions
- Strategic focus on profitable long-term growth in Agriculture
- Planned Investor Day in early 2025 to present updated strategic plan
- Departure of three executives from the company
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 Relations
Email: mediarelations@cnh.com
Investor Relations
Email: investor.relations@cnh.com
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