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Form 8-K · Current Report · Filed 2024-05-09

CNH Industrial Announces Voting Results and CEO Resignation

On May 3, 2024, CNH Industrial N.V. held its annual general meeting (AGM) where shareholders approved several key resolutions, including the amendment of equity incentive plans to allow non-executive directors to receive equity awards. Additionally, shareholders approved the 2023 Annual Financial Statements, a dividend of $0.47 per common share, and authorized the board to repurchase shares and issue new shares. Notably, Scott W. Wine, the CEO, announced his resignation effective July 1, 2024. A press release with these details was furnished as Exhibit 99.1.

Filer
CNH Industrial N.V. CNH · NYSE
Filed
Accession
0001628280-24-022287
CIK
0001567094
Signal
High impactIndustrials

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

CEO Resignation
Item 5.07

Submission of Matters to a Vote of Security Holders

Equity Plan Approved Director Elections Results
Item 7.01

Regulation FD Disclosure

Press Release Furnished
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$11.65

Next session

-1.1%

Since filing

+17.2%

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:

CNH Industrial N.V. Reports Q1 2024 Financial Results+1.3%
CNH Announces Leadership Transition with New CEO Appointment-5.9%
CNH Industrial N.V. Enters New Credit Agreement and Terminates Old One-7.3%
CNH Industrial N.V. Announces Notice of 2024 Annual General Meeting and Proxy Statement+2.5%
CNH Industrial N.V. Reports Q4 2023 Financial Results and Announces $500M Share Buyback Program+4.5%

Exhibits (3)

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.

Exchange NYSE Industry Farm & Heavy Construction Machinery Company website ↗

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