London, December 5, 2018
CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that Linda Knoll, Chief Human
Resources Officer (CHRO), and Alessandro Nasi, President, Specialty Vehicles, will step down
from their positions early in the new year. Knoll and Nasi are the two longest-serving members
of the Company’s Group Executive Council (GEC), the operational decision-making body which
is responsible for reviewing the operating performance of the Company’s global business
Ms. Knoll will leave in late January 2019 to focus solely on her role in Fiat Chrysler Automobiles
N.V. (FCA). She has concurrently served as CHRO in both companies since 2011.
In a distinguished career spanning nearly 25 years with CNH Industrial, Ms. Knoll has served
in a number of wide-ranging senior leadership roles.
“Linda has been a highly valued business partner, guiding her CNH Industrial colleagues
through numerous changes over the years. She has been an instrumental leader and mentor
to many,” said Hubertus Mühlhäuser, Chief Executive Officer, CNH Industrial. “I thank both
Linda and Alessandro for their many contributions to the Group during their long tenures and
for their valuable support and guidance as I have onboarded into the Company in recent weeks.”
Mr. Nasi will step down in late Q1 2019 from his position as President of Specialty Vehicles, a
role he has held since 2013. He has also served as Secretary and Coordinator of the GEC since
2009. The Board anticipates recommending to the Company’s shareholders that Mr. Nasi be
appointed to the Board at the 2019 AGM.
Alessandro Nasi joined CNH Industrial from Fiat Powertrain Technologies in 2008 as Senior
Vice President of Business Development and has since held a number of positions of increasing
responsibility, including Senior Vice President of Network Development and Chief Business
“Linda remains near to us while she dedicates herself to FCA and we look forward to Alessandro
joining the CNH Industrial Board. His long tenure in Fiat Group companies, coupled with his
early career background in firms such as PricewaterhouseCoopers, Merrill Lynch and JP
Morgan, uniquely position him to provide us with extensive insight and guidance,” added
Suzanne Heywood, Chairperson, CNH Industrial.