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Marchionne to become even more powerful at Ferrari
Sergio Marchionne looks set to add yet another executive role to his already well crowded plate and increase his power base with legendary Maranello marque. Bloomberg, the business news agency, said the Fiat Chrysler and Ferrari president will soon also take over as Ferrari's CEO, as Amedeo Felisa is tipped to retire. Ferrari declined to comment, but the news follows the Maranello marque having lost almost a third of its value since being floated on the New York stock exchange last October. Bloomberg said Felisa, 69, was one of the 'closest aides for more than 20 years' of former president Luca di Montezemolo, who was ousted by Marchionne prior to the floatation. If confirmed, Marchionne...
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9y ago from GrandPrix247.com
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