Here are the DEF 14A proxy statements from CNH Industrial N.V. (CNH) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, so if you follow CNH and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CNH filings page.
CNH Industrial N.V. is convening its 2026 Annual General Meeting and seeking shareholder votes on board elections, executive pay and capital authorities, while outlining its “Path to 2030” strategy.
The company targets Agriculture mid‑cycle adjusted EBIT margins of 16–17% and Construction margins of 7–8% by 2030, supported by over 50 new Agriculture and 20+ Construction product launches in 2025 and heavy investment in AI‑driven precision technology.
In 2025, CNH generated $513 million in Industrial Free Cash Flow and returned $430 million via dividends and buybacks. The Board plans to return substantially all Industrial Free Cash Flow after debt and strategic investments, targeting dividends of 25–35% of reported net income plus repurchases.
Shareholders will vote on re‑appointing two Executive Directors and several Non‑Executive Directors (with eight nominees deemed independent under applicable standards), approving 2025 financial statements, a 2025 dividend, director discharges and share issuance/repurchase authorities. They are also asked to approve executive compensation and to support holding say‑on‑pay votes every year.
Compensation outcomes reflected the downcycle: the 2025 short‑term incentive plan paid at 80.5% of target, while 2023–2025 performance share units did not vest because return on invested capital missed the threshold. New CFO and CHRO hires received make‑whole RSU grants to replace forfeited awards at prior employers.