Form 8-K CNH Industrial N.V. For: Apr 20

Go back to Form 8-K CNH Industrial N.V. For: Apr 20

Bernstein SocGen Group Has 3 Problems with CNH Industrial NV (CNHI) CEO Change

April 23, 2024 6:02 AM EDT

Bernstein 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

CNH Industrial N.V. (CNHI) Announces CEO Resignation

April 22, 2024 7:58 AM EDT

On April 20, 2024, Scott W. Wine resigned as Chief Executive Officer and Executive Director of CNH Industrial N.V. (NYSE: CNHI), as well as from all other positions that he holds with CNH, effective as of July 1, 2024 (the Effective Date). Mr. Wines resignation... More