Form 8-K CNH Industrial N.V. For: Apr 19
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Bernstein SocGen Group Has 3 Problems with CNH Industrial NV (CNHI) CEO Change
April 23, 2024 6:02 AM EDTBernstein SocGen Group analyst Nicholas Green reiterated a Market Perform rating and $13.00 price target on CNH Industrial NV (NYSE: CNHI).
The analyst comments "CNH Industrial has announced CEO Scott Wine will step down effective 1 July 2024. In joining the dots on this surprise announcement, we find three worrying messages for investors. (1) Why leave now? Inconsistencies raise more questions than they answer. Per the company, Wine would not commit to stay for the full term of a new 3-year business plan, and so agreed to step aside in favour of a CEO who would.... More
