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CNH Industrial (NYSE: CNH) plans CTO succession and ag leadership shifts

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

CNH Industrial N.V. announced planned senior leadership transitions. Chief Technology Officer Jay Schroeder will retire effective January 1, 2027, and Agriculture Chief Commercial Officer Stefano Pampolone will retire effective September 1, 2026. Both executives are expected to remain in advisory capacities to support leadership transitions.

Effective January 1, 2027, Eric Shuman, currently Vice President, Precision Technology Product Management, will become Chief Technology Officer after a more than 25-year career with the company. Effective September 1, 2026, global leaders will assume expanded roles: Chun Woytera as Chief Product & Sustainability Officer, Carlo Materazzo as Chief Manufacturing & Quality Officer, and Markus Müller as President, EMEA and Parts & Service. The company states there are no family relationships or related-party transactions involving Mr. Shuman requiring disclosure, and his compensatory arrangements in the new role are not yet finalized.

Positive

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Negative

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Notes coupon and maturity 3.850% Notes due 2027 Debt securities listed on New York Stock Exchange
CTO retirement effective date January 1, 2027 Jay Schroeder to retire as Chief Technology Officer
Agriculture CCO retirement effective date September 1, 2026 Stefano Pampolone to retire as Agriculture Chief Commercial Officer
Effective date of new CTO January 1, 2027 Eric Shuman to be appointed Chief Technology Officer
Emerging growth company regulatory
"405 of this chapter) or Rule 12b-2 of the Exchange Act of 1934... Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Item 5.02 regulatory
"Item 5.02. Departure of Directors or Certain Officers; Election of Directors..."
Regulation S-K regulatory
"There are no transactions involving Mr. Shuman requiring disclosure pursuant to Item 404(a) of Regulation S-K."
A set of U.S. Securities and Exchange Commission rules that tell public companies which narrative and qualitative details must be disclosed in filings, such as risk factors, management discussion, executive pay, legal proceedings and business description. Think of it as a standardized checklist or blueprint that ensures investors get the same types of background information from every company so they can compare risks, management quality and strategy before making investment decisions.
compensatory arrangements financial
"The material compensatory arrangements, if any, to be entered into in connection with Mr. Shuman’s appointment have not yet been finalized."

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What leadership changes did CNH (CNH) announce on July 28, 2026?

CNH Industrial announced planned retirements of CTO Jay Schroeder and Agriculture Chief Commercial Officer Stefano Pampolone, plus a succession plan that promotes Eric Shuman to CTO and expands responsibilities for three other senior leaders across product, manufacturing, quality, and regional operations.

When will CNH (CNH) executives Jay Schroeder and Stefano Pampolone retire?

Jay Schroeder will retire as Chief Technology Officer effective January 1, 2027. Stefano Pampolone, Agriculture Chief Commercial Officer, will retire effective September 1, 2026. Both are expected to stay with CNH Industrial in advisory capacities to support these leadership transitions.

Who is Eric Shuman at CNH (CNH) and what role will he assume?

Eric Shuman is currently Vice President, Precision Technology Product Management at CNH Industrial. Effective January 1, 2027, he will become Chief Technology Officer following Jay Schroeder’s retirement, after having held leadership roles in product management, quality, manufacturing, and global product development.

Will Schroeder and Pampolone remain involved with CNH (CNH) after retiring?

Yes. After their respective retirement dates, Jay Schroeder and Stefano Pampolone are expected to remain with CNH Industrial in advisory capacities. Their continued involvement is intended to support leadership transitions in technology and agricultural commercial operations.

Have Eric Shuman’s compensatory arrangements as CTO at CNH (CNH) been set?

No. CNH Industrial states that the material compensatory arrangements, if any, to be entered into in connection with Eric Shuman’s appointment as Chief Technology Officer have not yet been finalized, and therefore no detailed compensation terms are provided in this report.

Which other leaders at CNH (CNH) are gaining expanded responsibilities?

Effective September 1, 2026, Chun Woytera will become Chief Product & Sustainability Officer, Carlo Materazzo will become Chief Manufacturing & Quality Officer, and Markus Müller will become President, EMEA and Parts & Service as part of CNH Industrial’s leadership realignment.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

LOGO

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 28, 2026

 

 

CNH INDUSTRIAL N.V.

(Exact name of registrant as specified in its charter)

 

 

 

Netherlands   001-36085   98-1125413

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

Cranes Farm Road, Basildon, Essex, SS14 3AD, United Kingdom   N/A
(Address of principal executive offices)   (Zip Code)

+44 2079 251964

Registrant’s telephone number including area code

N/A

(Former name, former address and former fiscal year, if changed since last report):

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange

on which registered

Common Shares, par value €0.01   CNH   New York Stock Exchange
3.850% Notes due 2027   CNH27   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Exchange Act of 1934(§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 
 


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 28, 2026, CNH Industrial N.V. (the “Company”) announced that Jay Schroeder, Chief Technology Officer, will retire from his position effective January 1, 2027, and Stefano Pampalone, Agriculture Chief Commercial Officer, will retire from his position effective September 1, 2026. Both retirements follow decades of dedicated service, leadership, and significant contributions to the Company and the agricultural industry.

Following their transitions from these roles, Mr. Schroeder and Mr. Pampalone are expected to remain with the Company in advisory capacities to support the leadership transitions.

Effective January 1, 2027, Eric Shuman will be appointed Chief Technology Officer upon Mr. Schroeder’s retirement. Mr. Shuman currently serves as Vice President, Precision Technology Product Management at the Company, a role he has held since June 2025. During his more than 25-year career with the Company, Mr. Shuman has held leadership roles across product management, quality, manufacturing, and global product development.

There are no family relationships between Mr. Shuman and any director or executive officer of the Company. There are no transactions involving Mr. Shuman requiring disclosure pursuant to Item 404(a) of Regulation S-K. The material compensatory arrangements, if any, to be entered into in connection with Mr. Shuman’s appointment have not yet been finalized.

Effective September 1, 2026, upon Mr. Pampalone’s retirement, members of the Company’s global leadership team will assume expanded responsibilities. Chun Woytera will become Chief Product & Sustainability Officer, Carlo Materazzo will become Chief Manufacturing & Quality Officer, and Markus Müller will become President, EMEA and Parts & Service.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

 

Exhibit 104    Cover Page Interactive Data File (embedded within the Inline XBRL document)


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

      CNH INDUSTRIAL N.V.
    By:  

/s/ Britton Worthen

    Name:   Britton Worthen
    Title:   Chief Legal and Compliance Officer
Date: July 28, 2026      

Filing Exhibits & Attachments

4 documents