Fiat veteran Franco to head New Holland
Published 12/10/2010 | 05:00
With more than 40 years experience within the Fiat group, Franco Fusignani has been elected as president and chief executive officer of New Holland Agricultural Equipment SpA.
Case New Holland (CNH), which is owned by Fiat, announced the appointment of Mr Fusignani after the departure of Barry Engle, who has left CNH to pursue other interests.
Mr Fusignani joined the Fiat Group in 1970 as an engineer and held a variety of positions within the industrial and business activities of the group. In 1978, Mr Fusignani took the lead of the Fiat diesel operations -- trucks, buses and engines -- in Latin America. In 1981, he established the new Fiat Diesel Engine Division in Europe and, five years later, was appointed vice-president of the Industrial Construction Equipment operations.
In 1992, he was assigned responsibility for the European Agricultural Commercial operations before, in 1996, taking the lead of the International Agricultural business, establishing new industrial presence in Poland, Turkey, India, China and Mexico, and strengthening the commercial presence in Africa, the Middle East and Asia.
Before being named president of CNH, he served as senior vice-president of CNH Agricultural Industrial Product Development.
Last year, he was given responsibility for the construction operations within CNH International, in addition to his responsibilities for the Agricultural operations.
Mr Fusignani took up his new role on September 20 and also retains his current role as CEO of CNH International SA.