Gerrit Marx on strategic outlook
From CNH Industrial AGM 2026 | Precision Technology Farm Equipment Strategy Approved At Annual Session · · Investing 101
“We have a clear path to achieve our goals and are committed to delivering steady progress utilizing the capabilities we have demonstrated in previous cycles. I will now turn the meeting over to Garrett Marx who will provide a business update.”
On , Gerrit Marx, Chief Executive Officer, Head of Agriculture & Executive Director at CNH INDUSTRIAL NV, spoke about strategic outlook during CNH Industrial AGM 2026 | Precision Technology Farm Equipment Strategy Approved At Annual Session on Investing 101.
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.