Iveco stock: Cretarola takes CFO role on November 2 for Iveco stock

Published on 10/22/2026 at 16:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Iveco earned EUR 37.00 million in Q2 2026. Iveco stock costs EUR 14.34 on October 22, 2026, 0.14 percent below the Xetra close.

CFO appointment and market figures

Damiano Cretarola will become Iveco Group CFO on November 2, 2026.
Second-quarter revenue reached EUR 3.76 billion and net income EUR 37.00 million.
Iveco stock costs EUR 14.34 at Lang & Schwarz on October 22, 2026 at 4:01 p.m. CEST, 0.14 percent below the Xetra close of October 21, 2026.
The tender offer is scheduled to close on October 26, 2026.

Iveco, NL0015000LU4, Illustration mit AI erstellt.

Iveco Group will appoint Damiano Cretarola as chief financial officer on November 2, 2026, succeeding Anna Tanganelli, according to Reuters. The change follows Cretarola's long career inside the group and places him on the Senior Leadership Team reporting to CEO Olof Persson. The stock was trading at EUR 14.34 at Lang & Schwarz on October 22, 2026 at 4:01 p.m. CEST, 0.14 percent below the Xetra close of October 21, 2026 at EUR 14.36.

Leadership changes as the offer advances

Cretarola has worked at Iveco Group since its formation in 2022 and most recently served as senior vice president for planning and controlling. His appointment is effective before the scheduled end of Tata Motors' tender offer, which Investing.com reported as October 26, 2026. The offer price is EUR 14.40 per share, up from EUR 14.10.

Revenue and profit set the operating baseline

Iveco reported EUR 3.76 billion of revenue and EUR 37.00 million of net income for the second quarter ended June 30, 2026, according to Investing.com. The quarter's diluted earnings per share were EUR 0.14, while operating income was EUR 139.00 million. These figures provide a dated operating reference as the company approaches its ownership transition.

What does the valuation show?

Iveco's market capitalization was EUR 3.8 billion on October 22, 2026, and its price-to-earnings ratio was 2.84. The stock's 52-week range was EUR 13.72 to EUR 19.71, putting the current price EUR 5.37 below the high. A consensus estimate cited by Simply Wall St placed the target at EUR 17.13 on October 2, 2026, down from EUR 18.07.

Comparison with peers

Iveco: down 0.14 percent, price-to-earnings ratio 2.84, market capitalization EUR 3.8 billion.

Key dates for investors

The tender offer is scheduled to close on October 26, 2026, while the CFO transition is set for November 2, 2026. Iveco's next quarterly results are scheduled for November 5, 2026, according to a dated company calendar listing carried by Yahoo Finance.

Stock stays below its yearly high

Iveco stock was trading at EUR 14.34 at Lang & Schwarz on October 22, 2026 at 4:01 p.m. CEST, 0.14 percent below the Xetra close of October 21, 2026 at EUR 14.36. The price was EUR 5.37 below the 52-week high of EUR 19.71.

The further course of trading is shown by the continuously updated real-time quote of Iveco stock.