CNH Industrial appoints new Chairman
The Board will continue the process that is already under way to select a new CEO. In the meantime Derek Neilson will continue, in his role as the Company’s Interim CEO, to ensure the Company’s operational continuity.
In addition, the Board wishes to recognise the extraordinary leadership and commitment Sergio Marchionne brought to the company. Their thoughts go out to him and his family.
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CNH Industrial reports 2020 first quarter Consolidated revenues of $5.5 billion, Net loss of $54 million and Net debt of Industrial Activities at $2.3 billion. Available liquidity at $9.9 billion as of March 31, 2020