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AI brief of an SEC Form 8-K · CNH Industrial (CNH)

CNH Industrial CFO Oddone Incisa steps down; Jim Nickolas succeeds him May 6

Neutral Impact 4 of 5 leadership Written later

CNH Industrial said CFO Oddone Incisa will step down effective May 6, 2025, and James (Jim) Nickolas, previously CFO of Martin Marietta, will become CFO and principal accounting officer on that date. The filing says Nickolas will present the financial portion of the company's Strategic Business Plan at its May 8, 2025 Investor Day, so the change places a new finance chief in charge ahead of that presentation. The filing discloses no financial results.

Key points

  • Nickolas succeeds Incisa as CFO effective May 6, 2025; Incisa remains an employee through May 31, 2025.
  • Nickolas's employment agreement, dated April 9, 2025, sets a base salary of $825,000 and a one-time restricted stock unit grant of no less than $4,500,000.
  • Nickolas will receive a supplemental equity award of no less than $3,600,000 that cliff vests in 2030.
  • Incisa is eligible to receive €4,201,485 under Italian collective bargaining requirements for senior employees.

The filing

CompanyCNH Industrial (CNH)
Form8-K, current report
Filed with the SECApr 10, 2025, 4:54 PM ET
Accession number0001193125-25-078065

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 10, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.