Benzinga | Sep 14, 2021 07:46AM EDT

CNH Industrial Names Francesco Tanzi As CFO Of New Iveco Group

* CNH Industrial NV (NYSE:CNHI) has appointed Francesco Tanz to serve as Chief Financial Officer of Iveco Group, effective January 1, 2022, after the spin-off.

* Iveco Group will begin independent operations in early 2022.

* To accept this new role, he is stepping down from his current role as finance chief at the multinational tire manufacturer Pirelli & C. S.p.A.(OTC:PLLIF).

* Price Action: CNHI shares are trading higher by 0.98% st $16.43 during the pre-market session on Tuesday.