CNH Industrial announces the organizational structure of the future Iveco Group. Designated CEO Gerrit Marx will lead this new, to be listed, company with its commercial vehicles, powertrain, specialty vehicles and financial services businesses into independent operation in early 2022. At the helm of the bus business unit has been appointed Domenico Nucera.

Iveco Group Business Units encompass the following businesses with their respective brands: Truck (IVECO), Bus (IVECO BUS and HEULIEZ), Powertrain (FPT Industrial), Defence Vehicles & ASTRA, Firefighting (Magirus) and Financial Services (IVECO CAPITAL).

The Support & Industrial Functions, Finance, Operations, Technology & Digital and Human Resources & ICT will deliver streamlined solutions enabling the Business Units to execute swiftly and effectively. The Corporate Functions will ensure the appropriate level of specific support in the areas of Legal & Compliance, Institutional Relations & Sustainability, Communications and Internal Audit.

Iveco Group structure unveiled

“With this structure in place, we are ready to embark on our exciting future. It provides clarity from the start and from the top, placing customer-centricity at its core and setting forth a high- performing team with well-defined roles and accountabilities that mutually complement each other. Its design will generate a positive ripple effect down to the further layers  of the organization, driving our sharp focus on key business goals and identifying the best means for serving our customers, cooperating with our partners and rewarding our shareholders,” said Gerrit Marx, designated CEO, Iveco Group. 

This newly announced organization sees the following individuals appointed to the Senior Leadership Team (SLT): 

Business Units 

Truck – Luca Sra, President 

Bus – Domenico Nucera, President 

Powertrain – Sylvain Blaise, President 

Defence Vehicles & ASTRA – Claudio Catalano, President 

Firefighting – Thomas Hilse, President 

Financial Services – Simone Olivati, President 

Support & Industrial Functions 

Finance – Francesco Tanzi, Chief Financial Officer 

Operations – Annalisa Stupenengo, Chief Operations Officer 

Technology & Digital – Marco Liccardo, Chief Technology & Digital Officer 

Human Resources & ICT – Francesco Tutino, Chief Human Resources & ICT Officer 

Corporate Functions 

Institutional Relations & Sustainability – Michele Ziosi, Senior Vice President

Communications – Francesco Polsinelli, Senior Vice President 

The Legal & Compliance and Internal Audit appointments will be announced at a later date.

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