Iveco appoints Damiano Cretarola as CFO. Tata bid values Iveco stock at EUR 14.40

Published on 10/23/2026 at 10:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cretarola starts as CFO on November 2, 2026. Iveco stock costs EUR 14.22 on October 23, 2026, 0.25 percent below the Xetra close.

Management and offer milestones

Damiano Cretarola becomes Iveco's CFO on November 2, 2026.
Shareholders lowered the tender offer threshold to 80 percent on October 16, 2026.
Iveco stock trades at EUR 14.22 at 9:47 a.m. CEST at Lang & Schwarz on October 23, 2026, 0.25 percent below the Xetra close of October 22, 2026.
The tender offer is scheduled to close on October 26, 2026.

Iveco, NL0015000LU4, Illustration mit AI erstellt.

Iveco Group stock was trading at EUR 14.22 at Lang & Schwarz on October 23, 2026, at 9:47 a.m. CEST, down 0.25 percent versus the Xetra close. The company will appoint Damiano Cretarola as chief financial officer on November 2, according to Automotive World on October 22, 2026.

Why the CFO change matters

Cretarola succeeds Anna Tanganelli, who has held the role since December 2023. Automotive World said he has worked across Iveco Group businesses since 2004 and most recently served as Senior Vice President of Planning and Controlling. He will report directly to Chief Executive Olof Persson.

The appointment arrives while Tata Motors advances its tender offer. Iveco said on October 9 that the offer had increased from EUR 14.10 to EUR 14.40 per share, according to the company release carried by GlobeNewswire.

Three takeover milestones

The chronology is clear: on October 9, 2026, the offer rose to EUR 14.40; on October 16, 2026, shareholders approved resolutions that reduced the acceptance threshold from 95 percent to 80 percent; and on October 21, 2026, Iveco announced Cretarola as CFO from November 2. The EGM outcome was reported by Fidelity.

What dates matter next?

The tender offer is scheduled to close on October 26, 2026, unless extended, while Iveco is scheduled to publish third-quarter results on November 5, 2026. Both dates are listed in recent market coverage, including TradingView.

Stock stays near the offer

The offer price of EUR 14.40 remains the central valuation reference as the transaction approaches its deadline. At Lang & Schwarz, the stock was trading at EUR 14.22 on October 23, 2026, at 9:47 a.m. CEST, 0.25 percent below the Xetra close of October 22, 2026 at EUR 14.26. The further course of trading is shown by the continuously updated real-time quote of Iveco stock.