CNH ANNOUNCES NEW EXECUTIVE RESPONSIBILITIES
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BURR RIDGE, IL - (September 17, 2010) - CNH Global N.V. (NYSE: CNH) today announced the appointment of Franco Fusignani as President and Chief Executive of New Holland Agricultural Equipment S.p.A. He replaces Barry Engle, who has left CNH to pursue other interests.
Mr. Fusignani will retain his current role as CEO of CNH International SA, while Mario Gasparri assumes the position of General Manager, CNH International. Mr. Gasparri was most recently Vice President Agricultural Equipment Commercial Operations for CNH International.
"Franco Fusignani and Mario Gasparri have extensive international management experience and impressive records of achieving positive results. We are pleased to welcome them to their new roles," said Harold Boyanovsky, President and CEO, CNH.
Both Mr. Fusignani and Mr. Gasparri have long histories with CNH and the Fiat Group, 40 years and 22 years respectively. They will assume their new roles effective September 20, 2010.
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 .