At the same time, CNH Industrial has named Suzanne Heywood to the chair of its board – another position previously held by Marchionne. Heywood has until now served as managing director of the Elkann/Agnelli family's Exor holding company (which holds nearly 27 percent of CNH's shares). She'll now be overseeing the industrial vehicle/equipment group that was spun off from Fiat during FCA's formation six years ago and which includes Iveco, Case, New Holland, and the former industrial-engines division of Fiat Powertrain Technologies.