- Dover (DOV +4%) says President and CEO Robert Livingston will retire effective April 30 after a 35-year career with the company, to be succeeded by former CNH Industrial (CNHI -1.4%) CEO Richard Tobin.
- Tobin, a member of DOV's board since 2016, was CNH Industrial's CEO during 2013-18 after serving as Group COO of Fiat Industrial
- CNH said yesterday that Tobin was resigning, with company executive Derek Neilson taking over on an interim basis.
- Livingston has been DOV's President and CEO since 2008 after joining the company in 1983.