19.09.2005

CNH confirms Boyanovsky as CEO

Harold Boyanovsky has been appointed as president and chief executive officer of CNH, the Case and New Holland group, following six months in the role on an interim basis.

Harold Boyanovsky was appointed as interim president and chief executive officer in February 2005 when Paolo Monferino left CNH to become chief executive of Iveco S.p.A., the lead company in Fiat Group’s commercial vehicle sector.

Since February, Boyanovsky has also continued to serve as president of CNH’s Construction Equipment Business, a position he has held since September 2002 and will retain for the immediate future.

“Over the past six months, Harold has demonstrated the strategic leadership and ability necessary to move the organization forward and build on the financial improvements we’ve seen to-date,” said Katherine M. Hudson, chairman of the board at CNH. “It’s clear to the Board that Harold is the best candidate to lead CNH into the future. His extensive knowledge of the agricultural and construction equipment industries, and CNH, will serve him well and provide great continuity as he mobilizes the organization to execute the company’s objectives.”