Francesco Tanzi named Chief Financial Officer of new Iveco Group
September 14 2021 - 1:30AM
London, September 14, 2021
CNH Industrial (NYSE: CNHI / MI: CNHI) announces
an important appointment to the future Senior Leadership Team of
Iveco Group, the Company previously referred to as the “On-Highway”
business of CNH Industrial, which will begin independent operations
in early 2022.
Effective January 1, 2022, Francesco Tanzi will
join the Company and will serve as Chief Financial Officer of Iveco
Group once the spin-off is achieved. Mr. Tanzi is a seasoned
professional in the world of corporate finance with leadership
experience in international strategies that generate dynamic
financial results. He is stepping down from his current role as
Chief Financial Officer at the multinational tire manufacturer
Pirelli & C. S.p.A., a position he has held for 12 years, to
accept this new role. Tanzi began his finance career at Pirelli in
1989, rising through the ranks before departing to serve as Finance
Director at TIM Group, Italy’s largest telecommunications provider,
for eight years prior to rejoining Pirelli as their CFO.
“Building this new senior management team for
Iveco Group is an exciting task as we work to form the very best
team to ensure the success of our independent group. We are
delighted to have found our CFO in Francesco Tanzi, whose
experience and expertise will bring great value to our business
activities from the outset. I want to take this opportunity to
thank Damiano Cretarola, who has been supporting me as Finance
leader for the Commercial & Specialty Vehicles segment within
CNH Industrial and will continue serving with a prominent role in
Francesco Tanzi’s team once it is formed,” said Gerrit Marx,
current President Commercial & Specialty Vehicles at CNH
Industrial and designated Chief Executive Officer of Iveco
Group.
“On behalf of the Board of Directors of CNH
Industrial, we wish to welcome Francesco Tanzi to the new Iveco
Group organization. Having overseen this spin-off from its
inception and the design of the On-Highway Senior Leadership Team,
we have long identified the CFO role as one requiring a very
specific and seasoned profile, and I am certain we have found it in
Francesco Tanzi. Oddone Incisa, who will continue serving as CFO
for CNH Industrial, will ensure a smooth transition and make sure
that Francesco is ideally poised to embark on Iveco Group’s
journey,” said Suzanne Heywood, Chair of CNH Industrial.
CNH Industrial
N.V. (NYSE: CNHI / MI: CNHI) is a
global leader in the capital goods sector with established
industrial experience, a wide range of products and a worldwide
presence. Each of the individual brands belonging to the Company is
a major international force in its specific industrial sector: Case
IH, New Holland Agriculture and Steyr for tractors and agricultural
machinery; Case and New Holland Construction for earth moving
equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus
for buses and coaches; Iveco Astra for quarry and construction
vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles
for defence and civil protection; and FPT Industrial for engines
and transmissions. More information can be found on the corporate
website: www.cnhindustrial.com
Contacts:
Corporate Communications
Email: mediarelations@cnhind.com
Investor
Relations
Email: investor.relations@cnhind.com
- 20210914_PR_CNH_Industrial_CFO_Iveco_Group
- CNH INDUSTRIAL N.V.
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