| CEO Name | Gerrit Marx |
| Nationality | Germany |
| Net Worth Estimation | $15 million |
Gerrit Marx's estimated net worth of around $15 million results from his executive compensation as CEO of Iveco Group N.V., previous senior roles at CNH Industrial and other mobility and engineering firms, and equity holdings. This valuation is based on salary disclosures, public stock ownership, and industry benchmarks for similar executive positions.
Gerrit Marx, CEO of Iveco Group N.V., has an estimated net worth of $15,000,000, placing him at 18.67% between the minimum ($1,000,000) and maximum ($80,000,000) CEO net worth range in the transportation industry. His net worth is significantly above the minimum but well below the industry's estimated maximum.
Business Category: Transportation
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 80000000 USD
Gerrit Marx Performance in Iveco Group N.V.
Gerrit Marx, CEO of Iveco Group N.V., drives strategic leadership and decisive innovation, focusing on sustainable transportation solutions and operational efficiency. His decision-making emphasizes electrification and digital transformation, positioning Iveco as a leader in commercial vehicle electrification and connectivity. Under Marx's leadership, Iveco Group has improved market competitiveness and accelerated growth through technology investments and global expansion.
Latest News
Iveco Group Announces Strategic Shift and Tata Motors Acquisition as Olof Persson Takes CEO Role
Iveco Group NV is undergoing a major transformation, launching new electric vehicles and maintaining European market share despite a revenue dip, while CEO Olof Persson, who took over in July 2024, steers the company through a recommended EUR3.8 billion acquisition by Tata Motors to create a global commercial vehicles leader. The deal, conditional on the separation of Iveco's defense business, aims to accelerate innovation in zero-emission transport and expand global reach, with full board support and significant returns expected for shareholders.
Source: http://www.ivecogroup.com/media/corporate_press_releases/2025/july/tata_motors_to_acquire_iveco_group_together_creating_a_global_player_in_commercial_vehicles