Christman Named Head of Case IH Business for CNH Global.

Business Editors

RACINE, Wis.--(BUSINESS WIRE)--June 26, 2000

CNH Global (N:CNH) said today that Richard M. Christman has been appointed president of its Case IH agricultural equipment business. He will lead the commercial activities for the Case IH brand around the world.

Christman, 50, succeeds Leopold Plattner, who has decided to resign from the company, effective June 30, to pursue other interests.

"With more than 25 years of experience with the Case organization, Rich is uniquely qualified to champion the Case IH brand around the world," said Jean-Pierre Rosso, CNH chairman and CEO. "He possesses a broad base of industry experience and a thorough knowledge of international markets."

Christman has held a number of senior leadership assignments within the company, most recently serving as senior vice president, Strategy and Business Development. He also served as senior vice president, Global Development, for Case Corporation. His extensive experience in retail sales and marketing for Case includes senior vice president, Product Management and Support, senior vice president, Sales and Marketing, North America, and senior vice president, Parts Division. Christman also served as senior vice president, European Sales and Marketing and vice president, North American Retail Enterprises. He joined the Case organization in 1975.

Christman is currently serving as chairman of the Equipment Manufacturers Institute.

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.