With the blessing of Kreps’ twin brother, Keith (21st Century Equipment), Farm Equipment went into its video archives to bring you Kreps’ presentation from the 2019 Dealership Minds Summit in Peoria, Ill.Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.At Montag Mfg., we specialize in fertilizer equipment. It is unlikely to cause too much of a stir on farms, but at corporate company level the resignation of Hubertus Mühlhäuser as CEO of CNH Industrial is major news.Effective immediately, Mr Mühlhäuser’s time at CNH was a short 18 months (appointed as CEO in September 2018) and the announcement of his departure comes in the midst of the coronavirus (COVID-19), which has forced the company to shut down all of its European assembly plants for two weeks.Suzanne Heywood has been appointed as acting CEO to lead the business through this current unprecedented period and until a new permanent CEO has been identified. Hubertus Michael Mühlhäuser (born October 7, 1969 in Erbach, Germany) was CEO of CNH Industrial. Change at the helm of CNH Industrial: the Board announces that it has accepted the resignation of Hubertus Mühlhäuser as Chief Executive Officer and appointed Suzanne Heywood as Acting Chief Executive Officer, in addition to her role as Chair of the Board.She will lead the business «through this current unprecedented period and until a new permanent CEO has been identified by … Heywood is also a board member of the Economist and a non-executive director of Chanel. While Mühlhäuser offered to assist the company while it searched for a successor, the Board determined that the company had access to appropriate experience and skills … by Steven Vale. The Group will announce its first quarter results as planned on May 6, 2020, bearing in mind any regulatory advice with regard to financial reporting best practice during the COVID-19 emergency.Heywood commented: “The Board and our entire leadership are united in our determination to ensure that CNH Industrial emerges even stronger from the huge challenges of the days, weeks and months ahead. The Board also confirmed its continued strong support for the Group’s “Transform 2 Win” strategy devised under the leadership of Mühlhäuser, including the spin off of CNH Industrial’s “On-Highway” assets (commercial vehicles and powertrain segments) that will be listed alongside the group’s “Off-Highway” assets (agriculture, construction and specialty segments). London, March 24, 2020 In response to a request from Borsa Italiana (the Italian Stock Exchange), CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) confirms that Hubertus Mühlhäuser. Devised under Mr Mühlhäuser’s leadership, the five-year plan, which runs until 2024, will see the agricultural and construction divisions combined in a new off-highway company.It will also result in increased levels of differentiation between the Case IH, New Holland and Steyr tractor brands, the latter of which will be re-positioned as a premium European short-liner.A new sub-100hp global platform tractor is also in development, and the company is looking to grow its combine harvester business, reduce its manufacturing footprint and consolidate its dealer network.The board reiterated that the group’s robust finances remain one of the key strengths of CNH Industrial, as they have been in the past when successfully weathering storms and dislocations and the first quarter results will be announced as planned on May 6, 2020.© KELSEY Media Ltd, Cudham Tithe Barn, Berry’s Hill, Cudham, Kent TN16 3AG, England.

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