CNH Industrial Announces Executive Retirements and CTO Transition

What Happened

• CNH Industrial announced on July 28, 2026 that Jay Schroeder, Chief Technology Officer, will retire effective January 1, 2027, and Stefano Pampalone, Agriculture Chief Commercial Officer, will retire effective September 1, 2026. Both are expected to remain with the company in advisory roles during the leadership transitions.
• Effective January 1, 2027, Eric Shuman will be appointed Chief Technology Officer. Mr. Shuman currently serves as Vice President, Precision Technology Product Management (since June 2025) and has more than 25 years with the company.
• Upon Mr. Pampalone’s retirement (effective September 1, 2026), global leadership responsibilities will be redistributed: Chun Woytera will become Chief Product & Sustainability Officer, Carlo Materazzo will become Chief Manufacturing & Quality Officer, and Markus Müller will become President, EMEA and Parts & Service.

Key Details

• Jay Schroeder retirement date: January 1, 2027; will transition to an advisory role.
• Stefano Pampalone retirement date: September 1, 2026; responsibilities reassigned across senior leadership.
• Eric Shuman named CTO effective January 1, 2027; >25 years at CNH; no family relationships or reportable related-party transactions disclosed.
• Material compensatory arrangements for Mr. Shuman’s appointment have not been finalized and were not disclosed in the filing.

Why It Matters

• These are material leadership changes for CNH’s technology and agriculture commercial functions and reflect formal succession planning. Investors should note continuity steps (internal promotion to CTO and reassignment of senior roles) that aim to limit operational disruption.
• The filing does not disclose financial terms of the new CTO appointment, so any potential compensation impact on expenses or executive incentives is not yet public.