CNH ANNOUNCES NEW APPOINTMENT
BURR RIDGE, IL - (March 8, 2009) - CNH Global N.V. (NYSE: CNH) today announces the appointment of its new Chief Financial Officer.
Mr. Richard Tobin assumes responsibility as Chief Financial Officer (CFO) effective March 8, 2010. Mr. Tobin comes to CNH from SGS Group, the world's leading inspection, verification, testing and certification company, where he was Chief Financial Officer since 2004. Before that time, Mr. Tobin was SGS?s Chief Operating Officer in North America.
Mr. Tobin will take over from Mr. Steve Bierman, who has been the interim CFO of CNH since June 23, 2009. Mr. Bierman, who is also President of CNH Capital, will now be able to focus his efforts solely on the Company's financial services' businesses.
"Our management team has responded well to the challenging economic conditions which we have all faced," said CNH President and CEO Harold Boyanovsky. "One of the critical factors in weathering such a storm is strong leadership. I thank Steve Bierman for having helped the organization in filling the dual roles and I welcome Richard Tobin to the team. His experience with as international a group as SGS will prove invaluable as we grow CNH's global coverage."
CNH Global N.V. is a world leader in the agricultural and construction equipment businesses. Supported by more than 11,600 dealers in approximately 170 countries, CNH brings together the knowledge and heritage of its Case and New Holland brand families with the strength and resources of its worldwide commercial, industrial, product support and finance organizations. CNH Global N.V., whose stock is listed at the New York Stock Exchange (NYSE:CNH), is a majority-owned subsidiary of Fiat S.p.A. (FIA.MI). More information about CNH and its Case and New Holland products can be found online at www.cnh.com.