CNH chief financial officer stepping down

CNH announced a new chief financial officer, with the current CFO stepping down next month.

Oddone Incisa is leaving and James (Jim) Nickolas will assume the role effective May 6, according to an April 10 CNH release. Nickolas will be based at CNH’s North American headquarters in Oak Brook, Ill., and is scheduled to present the financial segment of the company’s Strategic Business Plan during its Investor Day on May 8.

Nickolas brings more than 30 years of experience in corporate finance, mergers and acquisitions, tax, business strategy, and investment banking, according to the release. Most recently, he served as CFO and executive vice president at Martin Marietta, and previously held leadership roles at Caterpillar, including head of corporate development and CFO of the Resources Industries and Global Mining units.

Incisa departs after a 28-year career with CNH and the former Fiat Group, having served in senior finance and lending roles across Europe, North America and South America, according to the release. He and Nickolas will work together through April to ensure a smooth transition.

CNH leadership credited Incisa with guiding the company through several major events, including the pandemic, the demerger of business segments and entry into U.S. stock indexes, according to the release.

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