CNH introduces new leadership team to drive growth and innovation
By Edit Team | July 31, 2024 12:04 pm SHARE
CNH (NYSE: CNH) has formed a new Global Leadership Team (GLT) to accelerate and improve the delivery of its strategic priorities for profitable long-term growth in the agriculture business. The construction section will operate as a separate business unit inside CNH, with greater autonomy.
The new GLT is structured in a streamlined matrix and includes industry-leading experts and practitioners from CNH. Their extensive in-house and industry knowledge, combined with their extensive experience, will benefit the Company’s strategy execution. These assignments are effective on August 1. All positions report to the CEO.
Segment Heads
- Gerrit Marx takes sole responsibility for the Agriculture section as CEO of CNH, replacing the prior job of President of agriculture. Mr. Marx recently joins CNH, succeeding Scott Wine.
- Humayun Chishti is appointed President of Construction. Mr. Chishti joined CNH in 2002 and previously served as the Finance Business Partner for Construction.
- Douglas MacLeod is confirmed as President of Financial Services. He’s been with CNH for over 15 years.
Region Heads
Along with the Presidents of Construction and Financial Services, who are specifically responsible for the profitability of their respective segments, the Region Heads are in charge of the financial performance and commercial execution of the Agriculture segment in their respective regions. Their objective is to provide customer-focused excellence and strategic expansion.
- Vilmar Fistarol is confirmed as President of North America. Mr. Fistarol has more than 30 years of experience with the company.
- Carlo Alberto Sisto is confirmed as President of EMEA. Mr. Sisto joined CNH in 1998.
- Rafael Miotto has been confirmed as President of CNH Latin America, having over 20 years of expertise.
- Luca Mainardi is appointed President of Asia Pacific, excluding India. Mr. Mainardi has been with CNH for over 20 years, most recently serving as China Country Manager and Head of Brand Management and Commercial Services in Asia Pacific.
- Narinder Mittal is appointed President of India. This appointment recognises India’s substantial and growing strategic position as a market, sourcing and manufacturing hub, and home to engineering centres of excellence for CNH’s iron and technology. Mr Mittal was previously the India Country Manager and joined CNH in 2016.
Function Heads
- Stefano Pampalone has been appointed as Agriculture Chief Commercial Officer, with global responsibility for the segment’s commercial strategy, brand, and aftermarket activities. Mr. Pampalone was previously President of Construction, where he oversaw the business’s return to record margin growth in 2023. Mr. Pampalone joined CNH in 1999.
- Oddone Incisa has been confirmed as Chief Financial Officer, with over 25 years of experience with the company.
- Jay Schroeder is appointed Chief Technology Officer. Mr. Schroeder has over 30 years of experience with CNH, having held positions of increasing responsibility in R&D, most recently as Head of Agriculture Product Development.
- Carlos Santiago is appointed Chief Manufacturing Officer. He will also be responsible for the CNH Business System. Mr Santiago was previously in charge of quality and special projects before returning to CNH in 2023 after over a decade at Daimler and Mercedes-Benz, where he oversaw industrial operations in Brazil and later North America.
- Tom Verbaeten has been confirmed as the Chief Supply Chain Officer. Mr. Verbaeten has worked with CNH since 1994.
- Chun Woytera has been named Chief Quality and Customer Advocacy Officer, as well as Chief Sustainability Officer, after leaving her position as President of Asia Pacific. Ms. Woytera, who has been with CNH since 1997, will continue to improve overall quality, which is critical to customer success and future growth.
- Kelly Manley is confirmed as Chief Human Resources Officer. Ms. Manley joined CNH in 2021.
- After 35 years with the organisation, Roberto Russo has been confirmed as Chief Legal and Compliance Officer.
The Internal Audit department, chaired 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 turf in a competitive landscape,” says 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 endeavours outside of CNH.”
For more information, visit: https://www.cnh.com/en-US
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