More changes are coming to agricultural and industrial equipment maker CNH Industrial. The parent company of Case and New Holland brands announced CEO Scott Wine has decided to leave the company to pursue other interests. Gerrit Marx from Iveco Group has been named to replace Wine on July 1st. Marx is familiar with the company as Iveco Group was spun off from CNH Industrial in 2022.
According to a statement from the company, Wine delivered three straight years of record revenues while overseeing the improved performance of the Company’s Agriculture segment, the turnaround of the Construction segment, and the 2021 acquisition of Raven Industries, the precision agriculture technology business.
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