CNH Industrial Appoints New Chief Technology Officer

Jun 08, 2023

CNH Industrial announced June 1 the appointment of Friedrich Eichler as Chief Technology Officer (CTO). He will preside over the company's R&D community with direct responsibility for Technology, Innovation, Quality, Design and their related divisions

Friedrich will provide functional governance for the Agriculture and Construction segments’ Product Development – coordinating closely with Segment Presidents Derek Neilson (Agriculture) and Stefano Pampalone (Construction). He will also work with Marc Kermisch, Chief Digital & Information Officer, to integrate precision, digital and autonomy solutions across CNH Industrial's equipment portfolios.

Friedrich Eichler has more than 30 years of experience in automotive engineering including with Volkswagen Group and Mercedes-Benz Group. He has grown to roles of increasing responsibility, including leading the development of advanced powertrains and innovative technologies. He assumes his CTO role in CNH Industrial from Marc Kermisch who previously served on an ad interim basis.

Source : Farm Equipment

Video: Did Bears Win Thanksgiving, Will Bulls Get Christmas?

Did the bears win Thanksgiving (although this week had green on the screen), and will the bulls get Christmas? Bears won thanksgiving thanks to a USDA Nov crop report dud that stalled the bullish grain momentum for a brief period. But a bullish lower yield surprise in the Dec crop report could reignite the rally.
2026 U.S. winter wheat planting is nearly complete at 97% while crop conditions improved by 3 points to 48% good-to-excellent. US corn & soybean harvest is complete.
High corn demand, which is off the chart, and more Chinese soybean demand could support a Christmas rally.
Nasdaq had it’s worst November since 2011.
A U.S. Fed rate cut in December will help fund flow and sentiment.
Bitcoin held a long-term support at 80,000 and that's positive for fund flow and sentiment. It should help stock prices and Ag as we go into December.
Fertilizer prices continue to climb as we look ahead to 2026. Farmers may rely more on the nutrients that they already have in their soils.
South American Weather remains critical as the soybean reproductive stage starts from late Nov to late Feb depending on planting date.
Will a Russia-Ukraine peace deal happen by year-end?
CFTC data as of showed more managed money fund sell-off as of October 14th.