Form 8-K · Current Report · Filed 2025-04-10
CNH Announces Chief Financial Officer Transition
On April 10, 2025, CNH Industrial N.V. announced the transition of its Chief Financial Officer from Oddone Incisa to James (Jim) Nickolas, effective May 6, 2025. Nickolas, with over 30 years of experience in corporate finance and M&A, will succeed Incisa. The transition is supported by an employment agreement that includes a base salary of $825,000, annual bonuses, long-term incentive awards, and various equity grants. The company also provided financial compensation to Incisa in line with statutory requirements. A press release was issued on the same day to announce the transition.
- Filer
- CNH Industrial N.V. CNH · NYSE
- Filed
- Accession
- 0001193125-25-078065
- CIK
- 0001567094
- Signal
- High impactIndustrials
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$11.61
Next session
-0.6%
Since filing
+17.6%
Latest close
$13.65
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from CNH reporting the same item, with the next session's move:
Exhibits (2)
About CNH Industrial N.V.
CNH Industrial N.V. is a global leader in the capital goods sector, engaged in the design, production, and sale of agricultural and construction equipment, commercial vehicles, and powertrains. As a prominent manufacturer, CNH Industrial operates through various well-known brands like Case IH, New Holland Agriculture, and Iveco. These brands enable the company to address diverse market needs across farming, construction, and industrial sectors. CNH Industrial's offerings support vital industries by providing machinery and equipment essential for efficient operations, thus playing a crucial role in bolstering productivity in these fields. Additionally, the company is involved in the development of advanced technologies to enhance machine efficiency and sustainability. Headquartered in Amsterdam, Netherlands, CNH Industrial maintains a strong global presence with operations spanning multiple continents, underscoring its significant influence in shaping industrial and agricultural machinery markets.
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