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Live2026-10-27 15:07 UTC+31 todayUpdated

Iveco Group appoints Damiano Cretarola as CFO effective 2 November 2026

Iveco Group has named Damiano Cretarola as its next Chief Financial Officer, effective 2 November 2026, succeeding Anna Tanganelli.

New CFO start date
2 November 2026
Predecessor CFO since
December 2023
At Iveco Group since
2022
PwC tenure
10 years

What Happened

Iveco Group has appointed Damiano Cretarola as Chief Financial Officer effective 2 November 2026. He succeeds Anna Tanganelli, who has served as CFO since December 2023. Cretarola will join the Senior Leadership Team and report directly to CEO Olof Persson. The company said he has been with Iveco Group since its inception in 2022 and most recently served as Senior Vice President, Planning & Controlling.

Key dates in Cretarola's career and the CFO transition
  1. 2004

    Damiano Cretarola's career within the Group's businesses begins.

  2. 2022

    Cretarola joins Iveco Group at its inception.

  3. December 2023

    Anna Tanganelli becomes CFO.

  4. 2 November 2026

    Cretarola assumes the CFO role and succeeds Tanganelli.

CFO transition at Iveco Group
Outgoing CFO
Anna Tanganelli, CFO since December 2023
Incoming CFO
Damiano Cretarola, effective 2 November 2026
Reporting line
Reports to CEO Olof Persson and joins the Senior Leadership Team
Cretarola's finance experience
  • Most recently Senior Vice President, Planning & Controlling at Iveco Group
  • Has held regional and business Chief Financial Officer positions at CNH Global and CNH Industrial
  • Experience spans capital goods, commercial vehicles and automotive industries
  • Expertise includes financial planning and analysis, business controlling, accounting, risk management, international strategy, financial reporting and business transformation
  • Spent ten years at PricewaterhouseCoopers in Switzerland in Audit and Consulting managerial roles
“I am truly pleased to welcome Damiano to the role of CFO. This reflects not only the pivotal contribution he has made in leading our finance organisation through periods of significant change, but also his deep understanding of Iveco Group's business, financial dynamics and strategic priorities. I look forward with great confidence to continuing to work alongside him as a valued member of our Senior Leadership Team.”
— Olof Persson, CEO, Iveco Group

Previously from Iveco Group N.V.

Earlier coverage reported that Iveco Group had agreed with CFO Anna Tanganelli that she would leave the company on November 2, 2026. That departure was tied to completion of Tata Motors' public tender offer.

Background drawn from MotorClaw's earlier coverage of Iveco Group N.V.'s official releases.

Why this matters

A CFO oversees financial planning, reporting, risk and business transformation, so this appointment affects how Iveco Group manages its finances and presents results. The company highlights Cretarola's long internal experience and deep understanding of its operations, financial dynamics and strategic priorities.

Terms in This Story

CFO
Chief Financial Officer; the senior executive responsible for a company's financial strategy, reporting, and risk management.
Capital goods
Long-lasting goods used by businesses to produce other goods or services, such as machinery and industrial vehicles.
Business controlling
An internal finance function that monitors budgets, performance, and targets across a company's operations.
Read Original: Iveco Group N.V.

Summarised from the linked release; details can be imperfect — always verify against the original source.

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