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CNH Global CEO Boyanovsky To Retire On Dec. 31; Richard Tobin Named New CEO

CNH Global N.V. (CNH) said that President and Chief Executive, Harold Boyanovsky, would retire on December 31, 2011. Chief Financial Officer, Richard Tobin, would become President and CEO of CNH, effective January 1, 2012. Camillo Rossotto, Treasurer and head of financial services for Fiat Industrial S.p.A., would assume the role of CFO of CNH, effective January 1, 2012, while retaining his current responsibilities.

Boyanovsky has served as President and CEO of CNH since March 2005, while Richard Tobin was CFO of CNH since March 2010.

Camillo Rossotto would retain the responsibility as Treasurer and head of financial services for Fiat Industrial. Since joining the Fiat Group in 1989, Rossotto held a number of roles within Fiat's finance group in Italy, Germany and Brazil, as well as in the United States, as CFO of CNH Capital.

by RTTNews Staff Writer

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