CNH Global Announces Two Departures from Board.Business Editors RACINE, Wis.--(BUSINESS WIRE)--Oct. 11, 2000 CNH Global CNH Global N.V. (short for Case-New Holland; NYSE: CNH-ADR's) is the second largest manufacturer of agricultural equipment and the third largest maker of construction equipment in the world. (N:CNH CNH Carteira Nacional de Habilitação CNH Centro Nacional de Huracanes (Spanish) CNH California Nevada Hawaii (a district of Kiwanis International) CNH Club Náutico Hacoaj ) today announced two departures from its board of directors. Umberto Quadrino, who was also co-chairman, left the company to become executive vice president of the Fiat Group with responsibility for Fiat's automotive components and industrial diversified companies in Turin, Italy, while Pei-yuan Chia Chia was Vice Chairman of Citicorp and Citibank, N.A., its principal subsidiary, from 1994 to 1996 when he retired. From 1993 to 1996, he served as a Director of Citicorp and Citibank, N.A., and assumed responsibility for their global consumer business in 1992. Between 1974 and 1992, Mr. , former vice chairman, Citicorp and Citibank, N.A., retired from his board position. CNH's board includes Jean-Pierre Rosso, chairman and chief executive officer; Alfredo Diana, formerly the Italian Minister of Agriculture; Katherine M. Hudson, president and chief executive officer, Brady Company; Kenneth Lipper Kenneth Lipper is a prominent figure in the arts, in the world of finance, and in government. He has served as a lawyer, an investment banker, a novelist, a screenwriter, a professor, and as a former New York City deputy mayor for finance and economic development (1983 to 1985). , chairman, Lipper and Company, LP; James L.C. Provan, member of the European Parliament Member of the European Parliament member n → Eurodéputé m ; Paolo Cantarella, chief executive officer, Fiat S.p.A; and Damien Clermont, chief financial officer, Fiat S.p.A. With strong global brands, CNH is a leader in the agricultural equipment, construction equipment and financial services industries and had combined 1999 revenues of approximately $11 billion. CNH sells its products in 160 markets through a network of more than 10,000 dealers and distributors. CNH products are sold under the following brands: Case, Case IH, Fermec, Fiatallis, Fiat-Hitachi, Link-Belt earth moving equipment, New Holland, O&K and Steyr. |
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