CNH Industrial announced the appointment of Carlo Materazzo as Chief Manufacturing Officer and Britton Worthen as Chief Legal and Compliance Officer, effective January 1, 2026. Materazzo will oversee the company’s agriculture industrial operations across five regions and 15 countries, bringing over 20 years of international experience in manufacturing, operations and logistics. Worthen joins with a robust background in legal strategy, compliance and corporate governance, and will serve as Board Secretary to the CNH Board of Directors. CEO Gerrit Marx highlighted these hires as central to advancing CNH’s strategic priorities in operational excellence and governance, while also acknowledging the retirement of longtime CLO Roberto Russo and the transition of Carlos Santiago from the manufacturing organization.

During the third quarter, Bank Pictet & Cie Europe AG reduced its CNH holdings by 53.8%, selling 115,255 shares and retaining 99,138 shares valued at approximately 1.08 million dollars at the time of filing. Other institutional investors made modest adjustments: the Public Employees Retirement System of Ohio increased its stake by 0.3% to 304,527 shares; TD Private Client Wealth LLC added 1,066 shares, a 1.9% rise to 58,272 shares; Louisiana State Employees Retirement System boosted its position by 0.4% to 246,000 shares; Daiwa Securities Group Inc. grew its holding by 0.6% to 180,900 shares; and MAI Capital Management increased its stake by 17% to 7,796 shares. Collectively, institutional investors hold 59.88% of CNH’s shares. Insider activity was notable as Director Suzanne Heywood purchased 52,522 shares valued at about 500,000 dollars and Director Vagn O. Sorensen acquired 10,385 shares valued at about 100,000 dollars. In the past ninety days, insiders acquired 73,007 shares worth roughly 700,000 dollars, bringing total insider ownership to 1.00% of outstanding shares.