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CNH Industrial has announced a major reorganization of its Global Leadership Team (GLT) to better execute its strategic goals and drive long-term growth in the construction and agriculture industries. This new leadership structure, effective from August 1, 2024, will have all positions reporting directly to CEO Gerrit Marx. An investor day is scheduled for early 2025 to present a revised strategy plan.
Gerrit Marx, CEO of CNH, expressed confidence in the new leadership team. He stated, "I am confident that this leadership team will accelerate the delivery of world-class products and services that elevate our customers’ experience. Our focus on quality, our brands, and the convergence of world-class iron and technology will guide our operational execution." Marx also mentioned the upcoming Investor Day in early 2025, where he will present the updated strategic plan, aiming to "Break New Ground together."
The reorganization simplifies CNH's structure into a matrix system, focusing on speed and efficiency. The new leadership team comprises industry experts with significant experience. These changes are aimed at enhancing CNH’s ability to deliver high-quality products and services while ensuring long-term growth.
The newly appointed Region Heads will oversee the financial performance and commercial execution of the Agriculture segment in their respective regions:
CNH has appointed key leaders to drive its commercial, technological, and operational strategies globally:
The Internal Audit function, led by Glenn Robertson, will report directly to the Audit Committee of the CNH Board of Directors, ensuring oversight and governance. This new leadership structure and strategic focus are expected to enhance CNH's growth and position in the competitive landscape of the construction and agriculture industries.
Also Read: Know the Work to be Done in Sugarcane Crop in August
The new leadership structure at CNH Industrial is assured to drive long-term growth and operational excellence, ensuring high-quality products and services. With experienced leaders at the helm, CNH aims to strengthen its market position and achieve strategic goals in the agriculture and construction industries.
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