---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-151142"
form_type: "8-K"
ticker: "CNH"
cik: "0001567094"
company_name: "CNH Industrial N.V."
filed_at: "2024-05-31T23:59:59+00:00"
generated_at: "2026-06-01T07:09:29.891354+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CNH President of Agriculture Derek Neilson to step down effective Sept 30, 2024

## Summary
- Derek Neilson resigns as President, Agriculture and all CNH group roles effective Sept 30, 2024.
- Neilson leaves after 25 years to pursue an entrepreneurial project outside the sector.
- Severance: £1,024,600 cash over 12 months plus pro rata equity vesting and health coverage.
- Company stated strong team remains to continue agricultural transformation and customer focus.
- Transition agreement dated May 30, 2024; no immediate replacement announced.

## SEC filing metadata
- accession: 0001193125-24-151142
- form_type: 8-K
- ticker: CNH
- cik: 0001567094
- company_name: CNH Industrial N.V.
- filed_at: 2024-05-31T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1567094/000119312524151142/0001193125-24-151142-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1567094/000119312524151142/d758547d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-151142
- JSON: https://secwatch.observer/filing/0001193125-24-151142.json
- Plain text: https://secwatch.observer/filing/0001193125-24-151142.txt

## Key facts
- Executive change
  Derek Neilson resigned as President, Agriculture at CNH Industrial N.V..
  - Action: resigned
  - Role: President, Agriculture
  source text: On May 30, 2024, Derek Neilson resigned as President, Agriculture of CNH Industrial N.V. (“CNH”, or the “Company”), as well as from all other positions that he holds with the CNH group, effective as of September 30, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1567094/000119312524151142/0001193125-24-151142-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.