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CNH Industrial names Francesco Tanzi CFO of new Iveco Group

MILAN (Reuters) -Italian-American vehicle maker CNH Industrial (NYSE:CNHI) said on Tuesday it had named Francesco Tanzi as chief financial officer of Iveco Group, its commercial...
CNH Industrial names Francesco Tanzi CFO of new Iveco Group © Reuters. FILE PHOTO: Flags with CNH Industrial logo are pictured outside CNH Industrial building in Turin, Italy, February 5, 2020. REUTERS/ Massimo Pinca/File Photo

MILAN (Reuters) -Italian-American vehicle maker CNH Industrial (NYSE:CNHI) said on Tuesday it had named Francesco Tanzi as chief financial officer of Iveco Group, its commercial vehicle unit which is set to be spun-off early next year.

CNH Industrial said in 2019 it planned to split in two and separately list its lower-margin Iveco truck and bus units along with its FPT engine division to boost asset values and streamline its businesses.

The assets included in the spin-off plan - initially referred to as the CNH Industrial's "OnHighway" business - have now been renamed Iveco Group, which will start as an independent company in early 2022, CNH said in a statement.

Tanzi will join Iveco Group on Jan. 1 after stepping down from his role as CFO at tyre manufacturer Pirelli, a position he has held for the past 12 years.

Earlier this year CNH Industrial, which is controlled by Exor (OTC:EXXRF), the holding company of Italy's Agnelli family, nominated its president for commercial and speciality vehicles unit Gerrit Marx as chief executive of the new Iveco group.

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28-09-2021 04:33:41 (UTC+7)

EUR/USD

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 EUR/USD1.1696Neutral
 GBP/USD1.3701Sell
 USD/JPY110.99↑ Buy
 AUD/USD0.7287Neutral
 USD/CAD1.2628↑ Buy
 EUR/JPY129.82Neutral
 EUR/CHF1.0828↑ Sell
 Gold1,749.85↑ Sell
 Silver22.637Neutral
 Copper4.2797Neutral
 Crude Oil WTI75.41↑ Sell
 Brent Oil78.61↑ Sell
 Natural Gas5.860↑ Buy
 US Coffee C194.98↑ Buy
 Euro Stoxx 504,165.48↑ Sell
 S&P 5004,443.11↑ Sell
 DAX15,573.88↑ Sell
 FTSE 1007,063.40↑ Sell
 Hang Seng24,208.78↑ Buy
 Small Cap 20002,281.79↑ Sell
 IBEX 359,002.90Buy
 BASF64.740↑ Sell
 Bayer47.47↑ Buy
 Allianz196.19↑ Buy
 Adidas278.80↑ Sell
 Lufthansa6.561↑ Buy
 Siemens AG147.27↑ Sell
 Deutsche Bank AG11.120↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank5,665/ 5,715
(0/ 0) # 900
SJC HCM5,635/ 5,700
(0/ 0) # 885
SJC Hanoi5,635/ 5,702
(0/ 0) # 887
SJC Danang5,635/ 5,702
(0/ 0) # 887
SJC Nhatrang5,635/ 5,702
(0/ 0) # 887
SJC Cantho5,635/ 5,702
(0/ 0) # 887
Cập nhật 28-09-2021 04:33:43
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Cập nhật lúc 18:54:42 27/09/2021
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