- CNH (CNH) announces a leadership change with CFO Oddone Incisa stepping down.
- James (Jim) Nickolas, with 30+ years of experience, to succeed as CFO by May 6, 2025.
- The transition is structured to ensure seamless leadership change by April end.
CNH (CNH) has revealed a pivotal leadership transition as its current Chief Financial Officer, Oddone Incisa, will step down. James (Jim) Nickolas is set to take over the CFO responsibilities with the transition completing by May 6, 2025. Nickolas, who brings over 30 years of expertise in corporate finance, mergers, acquisitions, and business strategy, is expected to steer the company through its future financial strategies.
Prior to joining CNH, Nickolas served as CFO and Executive Vice President at Martin Marietta and held various leadership roles at Caterpillar. His experience at Caterpillar included positions such as Head of Corporate Development and CFO roles across different divisions, which bolsters his capability in handling major financial operations.
Oddone Incisa, with a 28-year tenure at CNH and the former Fiat Group, concluded his career managing significant challenges, including the Covid-19 pandemic, a corporate demerger, and the inclusion of CNH in the US stock indexes. This transition aims to ensure continuity and strategic financial oversight as CNH navigates complex global markets.
Nickolas will present CNH's financial strategy as part of the company's Strategic Business Plan during the upcoming Investor Day on May 8, 2025. This presentation will be crucial as CNH continues to focus on innovation, sustainability, and productivity, ensuring its growth and success on a global scale.
