CNH Industrial appoints CEO

Hubertus M. Mühlhäuser

CNH Industrial has appointed Hubertus M. Mühlhäuser as CEO, effective 17 September, 2018.

To be based at the company's Burr Ridge, Chicago, US offices, he brings extensive leadership experience at multinational industrial companies, a deep knowledge of the agriculture and construction sectors as well as strategic expertise.

The company anticipates convening an extraordinary shareholders meeting seeking shareholder approval for the appointment of Mühlhäuser to the company’s board of directors.

Mühlhäuser joins the company from Welbilt, where he was Director, President and CEO since 2015. Prior to this, he worked at AGCO Corporation, heading its EMEA and Asia Region businesses as well as its global engine division.

He also held the position of Senior VP of Strategy and Integration for AGCO. Before joining Welbilt, he dedicated 2 years to his family business, the tunneling specialist Mühlhäuser Holding, where he has been non-executive chairman since 2015.

Mühlhäuser started his career at Arthur D. Little, where he was the Global Head of the Strategy and Organization practice and a Member of the Global Executive Team.

“The board is delighted at the appointment of Hubertus Mühlhäuser, given the wealth of international experience he will bring to the role combined with his passion for, and experience in, many of the industries in which we operate. Derek will continue in his role of Chief Operating Officer, EMEA Region and President, Commercial Vehicles Products Segment,” said Suzanne Heywood, Chairman, CNH Industrial.