Effective January 1, 2026, CNH Industrial has named Carlo Materazzo as Chief Manufacturing Officer. In this role, he will oversee global agriculture and industrial operations spanning five regions and 15 countries. Mr. Materazzo brings more than 20 years of international experience in manufacturing, operations and logistics, most recently leading multi-site production programs in Europe and North America. His appointment is intended to accelerate CNH’s operational excellence initiatives, including a target to improve overall equipment effectiveness by 10% across key plants by 2028.

Britton Worthen joins CNH as Chief Legal and Compliance Officer, also effective January 1, 2026. He will advise the Board of Directors and executive committee on legal strategy, regulatory risk and corporate governance, and will assume duties as Board Secretary. Mr. Worthen’s background includes eight years as head of legal affairs for a multinational industrial group, where he led compliance programs across 25 jurisdictions and reduced regulatory remediation costs by 15% over three years.

These leadership changes reflect CNH’s focus on innovation, sustainability and productivity in its equipment, technology and services portfolio. CEO Gerrit Marx highlighted that Materazzo and Worthen will be instrumental in executing the company’s medium-term plan, which targets a 5% annual improvement in return on invested capital. At the same time, CNH is ensuring governance continuity: outgoing Chief Legal and Compliance Officer Roberto Russo retires after 12 years of service, and Carlos Santiago steps down following a decade in manufacturing leadership.