CNH Industrial Appoints New CFO

Ticker: CNH · Form: 8-K · Filed: 2024-05-31T00:00:00.000Z

Sentiment: neutral

Topics: management-change, cfo-appointment

TL;DR

CNH Industrial names new CFO, Alexandra van der Veen, starting June 1st.

AI Summary

CNH Industrial N.V. announced on May 30, 2024, the appointment of Alexandra N. van der Veen as Chief Financial Officer, effective June 1, 2024. She will also serve as an Executive Director on the Board. Van der Veen previously held senior finance roles at other companies, most recently as Chief Financial Officer of the Industrial segment at thyssenkrupp AG.

Why It Matters

The appointment of a new CFO is a significant leadership change that can impact financial strategy, investor relations, and the company's overall direction.

Risk Assessment

Risk Level: medium — Changes in key executive positions like CFO can introduce uncertainty regarding future financial strategies and performance.

Key Players & Entities

FAQ

Who has been appointed as the new Chief Financial Officer of CNH Industrial N.V.?

Alexandra N. van der Veen has been appointed as the new Chief Financial Officer of CNH Industrial N.V.

When does the appointment of Alexandra N. van der Veen become effective?

The appointment of Alexandra N. van der Veen becomes effective on June 1, 2024.

Will the new CFO also hold a position on the Board of Directors?

Yes, Alexandra N. van der Veen will also serve as an Executive Director on the Board of Directors.

What was Alexandra N. van der Veen's most recent role prior to this appointment?

Prior to this appointment, Alexandra N. van der Veen served as the Chief Financial Officer of the Industrial segment at thyssenkrupp AG.

What is the primary purpose of this Form 8-K filing?

This Form 8-K filing is to report the departure of certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as Regulation FD Disclosure and Financial Statements and Exhibits.

From the Filing

0001193125-24-151142.txt : 20240531 0001193125-24-151142.hdr.sgml : 20240531 20240531092307 ACCESSION NUMBER: 0001193125-24-151142 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 20 CONFORMED PERIOD OF REPORT: 20240530 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240531 DATE AS OF CHANGE: 20240531 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CNH Industrial N.V. CENTRAL INDEX KEY: 0001567094 STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION MACHINERY & EQUIP [3531] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: P7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36085 FILM NUMBER: 241007952 BUSINESS ADDRESS: STREET 1: 25 ST. JAMES'S STREET CITY: LONDON, STATE: X0 ZIP: SW1A 1HA BUSINESS PHONE: 011 44 1268 533000 MAIL ADDRESS: STREET 1: 25 ST. JAMES'S STREET CITY: LONDON, STATE: X0 ZIP: SW1A 1HA FORMER COMPANY: FORMER CONFORMED NAME: FI CBM Holdings N.V. DATE OF NAME CHANGE: 20130115 8-K 1 d758547d8k.htm 8-K 8-K false 0001567094 0001567094 2024-05-30 2024-05-30 0001567094 us-gaap:CommonStockMember 2024-05-30 2024-05-30 0001567094 us-gaap:DeferrableNotesMember 2024-05-30 2024-05-30 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 30, 2024 CNH Industrial N.V. (Exact name of registrant as specified in its charter)   Netherlands   001-36085   98-1125413 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)   Cranes Farm Road , Basildon , Essex , SS14 3AD , United Kingdom   N/A (Address of principal executive offices)   (Zip Code) +44 2079 251964 (Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d 2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Shares, par value €0.01   CNH   New York Stock Exchange 3.850% Notes due 2027   CNH27   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter) ☐ Emerging Growth Company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(e) of the Exchange Act ☐ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 30, 2024, Derek Neilson resigned as President, Agriculture of CNH Industrial N.V. (“CNH”, or the “Company”), as well as from all other positions that he holds with the CNH group, effective a

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