CNH Industrial N.V. 8-K

What Happened

• CNH Industrial N.V. filed an 8‑K (filed March 26, 2026) announcing that on March 24, 2026 each of directors Asa Tamsons and Richard J. Kramer notified the Board they will not stand for re‑election at the conclusion of their current terms at the 2026 Annual Stockholders Meeting.
• The company said their decisions are not due to any disagreement with CNH on operations, policies or practices. The Board thanks both directors for their service.
• The Governance and Sustainability Committee has nominated Richard Palmer and Lorenzo Simonelli to replace Ms. Tamsons and Mr. Kramer following the 2026 Annual Meeting, as discussed in the company’s proxy statement.

Key Details

• Filing date: March 26, 2026; director notifications dated March 24, 2026.
• Departing directors: Asa Tamsons and Richard J. Kramer; departures effective at the end of their terms after the 2026 Annual Meeting.
• Nominees to replace them: Richard Palmer and Lorenzo Simonelli (recommended by the Governance and Sustainability Committee).
• Company statement: departures are not the result of any disagreement with the company.

Why It Matters

• Board composition affects corporate governance and strategic oversight; investors watch director turnover and new nominees.
• The filing confirms an orderly transition (no disagreement reported) and identifies the replacements, which shareholders will consider in the 2026 proxy vote.
• No financial impact or operational changes were disclosed in this 8‑K; the item is governance-related information investors may use when assessing management oversight and voting decisions.