CNH Industrial Unveils New Organizational Structure for Its Off-Highway Future, Business News

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  • Company vision: Sustainably advance the noble work of agricultural and construction workers around the world
  • New ooptimized organizational structure will driving efficiency, agility and responsibility
  • Structure enhances customer and target orientations digital and technology direction

London, November 2, 2021

CNH Industrial NV (NYSE: CNHI / MI: CNHI) announces new strategic structure as an integral part of the Company’s transition to an organization that will lead the agriculture and construction sectors following the split from the Iveco Group .

This organization aims to achieve key strategic objectives, all of which meet CNH Industrial’s vision: Sustainably advance the noble work of agricultural and construction workers around the world.

“We are implementing a new organizational structure and strengthening our leadership team to focus more on customers and dealers, improve productivity and accelerate profitable growth,” said Scott Wine, CEO of CNH Industrial . “This new structure promotes agility, eliminates unnecessary bureaucracy and fosters clear accountability as we execute our strategic priorities and create value for our stakeholders. “

A new organizational model

CNH Industrial is committed to the highest ethical standards and to supporting its dealers and customers with a diverse and inclusive workforce, cutting-edge technology, exceptional safety and quality, and unmatched innovation.

This structure adopts a lean and agile approach to the company and delimits a clear responsibility. It includes the full list of Senior Management Team (SLT) appointments.

The CEO oversees three Global Business units (GBU), whose mission is to develop their activity in a profitable and sustainable manner:

Agriculture Construction Financial services
Derek Neilson, President Stefano Pampalone, President Oddone Incisa, President

The following areas, which are the responsibility of the CEO, are integrated into the GBUs, driving strategic growth by quickly identifying, building and deploying relevant solutions:

Corporate regions
North America – Brad Crews, President
Europe, Middle East and Africa – Carlo Alberto Sisto, President
Latin America – Vilmar Fistarol, President
Asia-Pacific – Chun Woytera, President

Commercial functions
Digital and Precision – Parag Garg, Chief Digital Officer
Technology and Quality – Jay Iyengar, Director of Technology and Quality
Supply Chain – Tom Verbaeten, Director of Supply Chain
CNH Industrial Enterprise System1 – Scott Moran, Director of Industrial Business Systems at CNH

Assistance functions
Finances – Oddone Incisa, Financial Director
Human Resources – Kevin Barr, Director of Human Resources
IT – Marc Kermisch, IT director
Legal & Compliance – Roberto Russo, Legal and Compliance Director

Operate globally in direct support of the CEO and efficient execution of GBUs and corporate regions are as follows Duties of company personnel:

Diversity and Inclusion, Sustainability and Transformation – Kelly Tolbert, Head of Diversity and Inclusion, Sustainability and Transformation
Corporate Development – Michele Lombardi, Senior Vice President of Corporate Development
Internal Audit – Carlo De Bernardi, Senior Vice President of Internal Audit
Communications – Laura Overall, Senior Vice President of Communications

“Our new, streamlined structure will drive better results by empowering front-line managers, accelerating decision-making across our organization and holding us accountable to our customers,” said Wine. “I would like to congratulate the entire SLT on their appointments and thank them for their strong leadership. Their in-depth knowledge and diverse experience qualify them as the core group to move us forward. With their guidance, customer-centric mindset and structure, we are positioned to compete and win in our vast global agricultural and construction equipment markets.

CNH Industrial NV (NYSE: CNHI / MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide product range and a global presence. Each of the individual brands owned by the Company is a major international force in its specific industry sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earthmoving machinery; Iveco for commercial vehicles; Iveco Bus and Heuliez Buses for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for fire fighting vehicles; Iveco defense vehicles for defense and civil protection; and FPT Industrial for engines and transmissions. More information on the company website: www.cnhindustrial.com

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VScontacts:

Business communication

E-mail: [email protected]

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1 This new function within the company was implemented in July 2021. Iit’s a full business-Large-scale program that promotes continuous improvement in all facets of the organization.

  • 20211102_PR_CNH_Industrial_SLT_announcement

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