Iveco appoints Cretarola as CFO while Iveco stock stands at EUR 14.28

Published on 10/26/2026 at 10:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Iveco names Cretarola CFO effective November 2, 2026. Iveco stock costs EUR 14.28 on October 26, 2026, with a EUR 3.8 billion market value.

Finance leadership and takeover dates

Damiano Cretarola takes over as CFO on November 2, 2026.
Tender acceptances stood at 35 percent against an 80 percent threshold on October 23, 2026.
Iveco stock stood at EUR 14.28 on October 26, 2026 at 10:27 a.m. CEST.

Iveco, NL0015000LU4, Illustration mit AI erstellt.

Iveco Group stock was trading at EUR 14.28 at Lang & Schwarz on October 26, 2026 at 10:27 a.m. CEST, as the company prepares for a finance leadership change. Iveco Group said on October 21, 2026 that Damiano Cretarola will become chief financial officer on November 2, 2026.

Leadership changes during the offer

Cretarola will succeed Anna Tanganelli, who has served as CFO since December 2023. He will join the Senior Leadership Team and report to CEO Olof Persson, while his most recent role was senior vice president for planning and controlling, according to the company release dated October 21, 2026.

The change comes while Tata Motors is seeking shareholder support for its takeover offer. GlobeNewswire reported on October 9, 2026 that the offer increased from EUR 14.10 to EUR 14.40 per share, with the new price declared final.

Three dates shape the deal

On October 9, 2026, the offer price rose by EUR 0.30 to EUR 14.40 per share. On October 16, 2026, Iveco shareholders approved the offer-related resolutions and the acceptance threshold stood at 80 percent. On October 21, 2026, Iveco announced the November 2 CFO transition.

What does the offer mean for Iveco?

The immediate test is shareholder participation. Moneycontrol reported on October 23, 2026 that 35 percent of shares had been tendered, against the 80 percent threshold, while Tata Motors expected participation to rise before the October 26 deadline.

Next dates for investors

The tender offer is scheduled to close on October 26, 2026, and settlement is scheduled for October 30, 2026, subject to successful completion of the offer, according to Moneycontrol. The CFO transition follows on November 2, 2026.

Stock value and transaction terms

Iveco's market capitalization was EUR 3.8 billion as of October 26, 2026, while its 52-week range was EUR 13.72 to EUR 19.71. The offer price of EUR 14.40 therefore remains a central reference for investors assessing the transaction alongside the company's independent market value.

Iveco stock was trading at EUR 14.28 at Lang & Schwarz on October 26, 2026 at 10:27 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Iveco stock.