Management changes at CNH Industrial

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09 July 2021

Ahead of the previously announced spin-off of its On-Highway business and the designation of Gerrit Marx as the CEO, CNH Industrial N.V. announced the first new company (Newco) senior leadership team appointments for Operations and Powertrain.

Effective October 1, 2021, Annalisa Stupenengo will assume global responsibility for Operations, directly overseeing all activities related to manufacturing, quality, logistics and purchasing of the new On-Highway business. Stupenengo has extensive international experience gained through roles of increasing responsibility within CNH Industrial and Fiat Chrysler Automobiles (now Stellantis). She currently serves as President Powertrain, overseeing all Powertrain business activities and the FPT Industrial brand within CNH Industrial.

“I am delighted that Annalisa has accepted a new challenge within the On-Highway organization. Her strong leadership and in-depth knowledge of our businesses will prove fundamental in managing our core industrial operations,” said Gerrit Marx, designated CEO of the new On-Highway business.

Annalisa Stupenengo, president FPT Industrial Annalisa Stupenengo assumes global responsibility for Operations of the announced On-Highway spin-off from CNH Industrial

“I will always remember my time at the helm of the Powertrain business. I especially want to thank the team that I had the privilege to lead, for their passion and commitment under my guidance to drive FPT Industrial’s global business and pioneering role in innovative technologies. Now, I am excited about the opportunity to contribute to creating a brilliant future for the new On-Highway business and am eager to step up to a higher challenge in this new role,” commented Annalisa Stupenengo.

Sylvain Blaise will assume responsibility for the Powertrain Business Unit within the Newco. Blaise has some 20 years’ experience within the Group having worked in varied businesses, including Agriculture, across different geographies in Europe and North America. He was appointed Iveco Bus Brand President in 2014 and Head of the entire Bus Business Unit in 2019, successfully repositioning the Brand and driving the disruptive industry transformation that is underway.

“The passion and drive that Sylvain put into the increasing success of the Bus Business Unit will serve us well in the new role, ensuring that FPT Industrial will continue to successfully overcome the future challenges in the powertrain space,” added Marx.

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