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.”