The tractor maker fell after the surprising CEO change

Bank of America downgrades farm machinery maker CNH Industrial NV after unexpected CEO change. Chief Executive Officer Scott Wine will leave at the end of June. Shares fell by the most since November after announcement. COO Scott Wine to leave as CEO at end of the year.

Tractor maker CNH Industrial NV's shares fell by the most since November. Bank of America downgraded the farm machinery maker following an unexpected CEO change. Chief Executive Officer Scott Wine will leave at the end of June at the company's end of the year. The company's share price has fallen since November after the announcement.