CNH Industrial N.V. (CNHI) Announces CEO Resignation
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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
April 22, 2024 11:37 AM EDT
(Updated - April 22, 2024 12:19 PM EDT)
Oppenheimer analyst Kristen Owen reiterated a Perform rating on CNH Industrial NV (NYSE: CNHI).
Comments follow news CNH Industrial N.V. (NYSE: CNHI) announced the appointment of Gerrit Marx to the role of CEO effective July 1, 2024. He succeeds Scott Wine, whose request to leave... More
