CNH Industrial is appointing Gerrit Marx to the role of CEO, effective July 1, 2024. Marx is set to replace Scott Wine, whose resignation has been accepted by the Board.
Marx rejoins CNH from Iveco Group where as CEO he led the company’s drive into a new era of connectivity. He also chaired Iveco’s powertrain business. Prior to first joining CNH in January 2019, Mr. Marx worked for 20 years in senior roles at McKinsey, Daimler Trucks, and Bain Capital, living in Brazil, China, Europe and Japan.
Wine delivered three straight years of record revenues and EBIT margins while overseeing the improved performance of the Company’s Agriculture segment, the turnaround of the Construction segment, and the 2021 acquisition of Raven Industries.
“We’re delighted to welcome Gerrit back to CNH as CEO. We look forward to him bringing the same energy and focus he has demonstrated so effectively when leading Iveco,” said Suzanne Heywood, CNH chair.
Marx’s appointment as the Company’s new CEO takes effect on July 1, 2024.
