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CNH Announces New Executive Responsibilities; Engle Out at New Holland

BURR RIDGE, IL, Sep 17, 2010 (MARKETWIRE via COMTEX) -- CNH Global N.V. today announced the appointment of Franco Fusignani as president and CEO of New Holland Agricultural Equipment S.p.A. He replaces Barry Engle, who has left CNH to pursue other interests.

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 Fusignani and 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.


Posted September 17, 2010

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COMMENTS: 5
NH Management
Posted from: Billy Bob, 9/22/10 at 8:44 AM CDT
Considering the brief "career life expectancy" among top management at New Holland, they probably didn't have a choice, they had to bring in someone from Italy. No one in his right mind would take the job!
NH Senior Management
Posted from: Mark Zeltwanger, 9/22/10 at 6:19 AM CDT
IF sales are soft in the US for New Holland Why bring in Fiat people from Europe that do not understand the American Farmer? Hire a person that can communicate with their dealer body and understands sales to the end user.
What's going on?
Posted from: , 9/21/10 at 4:48 PM CDT
This is about the seventh exec in the past 6 years for New Holland. Makes you wonder what's really going on, doesn't it? The lack of consistent leadership is more than a little disheartening for New Holland's dealers.
Senior Management at CNH
Posted from: Mark Zeltwanger, 9/20/10 at 6:17 AM CDT
Seems while they like all the products on the New Holland side, The CNH senior management keeps thinking the New Holland Division is a threat to them instead of a partner!!!
CNH New Holland
Posted from: kyle, 9/19/10 at 5:14 PM CDT
Seems as if New Holland division on CNH can't keep top management in place long enough to turn the company around!
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