New CNH Iveco truck division designated CEO named

Photography by: courtesy CNH Industrial

CNH Industrial 'On-Highway' business takes next step

New CNH Iveco truck division designated CEO named
Gerrit Marx


In the lead-up to its On Highway business starting early 2022, Iveco parent company CNH Industrial N.V. has named Gerrit Marx as the designated chief executive officer of the new entity.

The new On-Highway business will include the following brands and their respective activities: Iveco (heavy, medium and light commercial vehicles); Iveco Astra (heavy-duty trucks); Iveco Bus and Heuliez Bus (buses and coaches); Magirus (firefighting vehicles); Iveco Defence Vehicles (defence and civil protection vehicles); FPT Industrial (powertrain technologies); and Iveco Capital (financial services).

How CNH announced its plans for an Iveco spin-off, here

Marx joined CNH Industrial as president of Commercial and Specialty Vehicles in January 2019. 

He has some 20 years of experience in roles of increasing importance at  organisations  which  include  McKinsey  &  Company,  Daimler  AG,  Skoda  and  most recently at global equity firm Bain Capital.

He has worked across different geographies and in a variety of industrial segments, with specific, in-depth focus on automotive industries, CNH Industrial confirms.  

"On behalf of the board of directors, I wish to congratulate Gerrit on this appointment," Suzanne Heywood, chair of the CNH Industrial board of directors, says.

"We are confident that his expertise in commercial vehicles, together with his demonstrated leadership of our commercial and specialty vehicles segment, will serve him well in taking the new company forward."


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