Equipment and services company CNH announced that Chief Financial Officer Oddone Incisa will step down and be succeeded by James (Jim) Nickolas, effective May 6.
Nickolas, who will be based at CNH’s North American headquarters in Oak Brook, Ill., brings more than 30 years of experience in corporate finance, mergers and acquisitions, business strategy, tax and investment banking. He most recently served as CFO and executive vice president at Martin Marietta Materials. His prior roles include nearly a decade at Caterpillar, where he held leadership positions in corporate development, mining and resource industries.
Incisa is leaving CNH to pursue opportunities outside the company after a 28-year career across CNH and the former Fiat Group (now Stellantis). He held senior roles in finance and commercial lending across Europe, North America and South America.
Nickolas and Incisa will work together through April to ensure a smooth transition. Nickolas is set to present the financial portion of CNH’s Strategic Business Plan during the company’s Investor Day on May 8.
“Oddone has played a key role in guiding the company through many challenges, including the COVID-19 pandemic and our business segment demerger,” CNH CEO Gerrit Marx said in a statement. “We thank him for his service and look forward to Jim’s leadership as we pursue our growth ambitions.”