Gerrit Marx on global trade
From Gerrit Marx - Italian Tech Week 2025 · · Italian Tech Week
“The key changes our farmers face at the moment is global trade and pricing of commodities. They just don't know where to sell the crop they grow.”
On , Gerrit Marx, Chief Executive Officer, Head of Agriculture & Executive Director at CNH INDUSTRIAL NV, spoke about global trade during Gerrit Marx - Italian Tech Week 2025 on Italian Tech Week.
About Gerrit Marx
At the CNH Industrial 2026 Annual General Meeting, held on May 1, 2026, Chief Executive Officer Gerrit Marx was reappointed as an executive director. During the meeting, Marx stated that the company remains committed to reaching midcycle adjusted EBIT margins of 16 to 17 percent in agriculture and 7 to 8 percent in construction by 2030, supported by commercial actions, sourcing gains, and manufacturing efficiencies. He also said that after satisfying debt obligations and funding strategic investments, the company intends to return substantially all industrial free cash flow to shareholders through dividends and share repurchases. Marx noted that despite a cyclical market downturn and uncertainty in global trade, the company's teams demonstrated discipline, operational rigor, and resilience, returning $430 million to shareholders through dividends and share purchases. The meeting also saw shareholder approval of several agenda items, including the authorization to issue new shares, limit preemptive rights, and repurchase own shares.