Agnellis’ CNH Taps Iveco’s Gerrit Marx as New Chief Executive

Gerrit MarxPhotographer: Krisztian Bocsi/Bloomberg
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CNH Industrial NV, the tractor and construction machinery maker controlled by Italy’s billionaire Agnelli family, appointed Gerrit Marx its new chief executive officer.

Marx is currently CEO of Iveco Group NV, which was spun off from CNH in 2022. He will rejoin CNH starting on July 1, according to statements from the companies. He replaces Scott Wine, who is stepping down at the end of the company’s current three-year business plan cycle to pursue other interests. Olof Persson, a current Iveco independent director, will become the company’s new CEO.