The new CEO of Iveco is Alfredo Altavilla. He replaces Paulo Monferino, who has left to become Director of Health for the Piedmont region of Italy.
Sergio Marchionne, Fiat CEO, says of Monferino: "[His] qualities were behind such major accomplishments as the integration of Case and New Holland, and the return of Iveco to the highest level of competitiveness in the truck and commercial vehicle sector."
Altavilla, 47, has worked for Fiat since 1990 in a variety of roles around the world. From 2006, he was CEO of Fiat Powertrain Technologies, before spending the last year working on Fiat's takeover of Chrysler.