Particle.news
Download on the App Store
4 ARTICLES
·
last yr.

Gerrit Marx Appointed as CEO of CNH Industrial, Olof Persson to Lead Iveco Group

Gerrit Marx, previously at Iveco, returns to CNH Industrial as CEO; Olof Persson steps in at Iveco, effective July 2024.

Overview

  • Gerrit Marx, formerly CEO of Iveco Group, is set to become the CEO of CNH Industrial starting July 1, 2024.
  • Marx's move coincides with Scott W. Wine's departure from CNH after completing the 2021 business plan.
  • Olof Persson, an independent director at Iveco, will replace Marx as CEO of Iveco Group.
  • The leadership changes are expected to continue the strategic initiatives and growth at both companies.
  • CNH has postponed its Investor Day presentation, initially scheduled for May 21, to accommodate the new leadership transition.