CNH ELECTS NEW BOARD MEMBER
Communications (+1) 847 955-3939
Lake Forest, Illinois (June 29, 2005) The Board of Directors of CNH Global N.V (NYSE:CNH) today elected Ferruccio Luppi as a director, filling a vacancy from the resignation of Eugenio Razelli.
Luppi (54) was appointed senior vice president, business development for Fiat S.p.A. in 2005. He had previously been chief executive officer of Business Solutions S.p.A., Fiat's business services provider. During 2002 and 2003, Luppi served as Fiat's Chief Financial Officer.
Prior to joining Fiat, he was managing director and a member of the Board of Directors of the Worms Group, an investment holding company listed on the Paris Stock Exchange. He began his tenure at the Worms Group in 1997 as head of the Industrial Investments Control Department. From 1984 until 1996, Luppi worked at the IFIL Group, where he was first responsible for Equity Investments Control and then head of the Group's Development and Control Department. An economist, Mr. Luppi was associated with several major Italian corporate groups between 1973 and 1983.
CNH is the power behind leading agricultural and construction equipment brands of the Case and New Holland brand families. Supported by nearly 11,400 dealers in 160 countries, CNH brings together the knowledge and heritage of its brands with the strength and resources of its worldwide commercial, industrial, product support and finance organizations. More information about CNH and its products can be found on line at www.cnh.com.