Under new CEO Louis Camilleri, Ferrari is bound to be as successful as it was under his predecessor Sergio Marchionne, the chairman of the Italian supercar maker informed a shareholder meeting to accept Camilleri’s appointment. “Sergio Marchionne strengthened the foundations of Ferrari, now we can build on that for the future, which will be a
Fiat Chrysler new CEO Mike Manley is going to announce his organizational preparations for the automaker by the end of September, the group’s chairman stated at a shareholder meeting called to vote on the appointment of the new manager following former CEO Sergio Marchionne’s sudden death. “When we learned Sergio Marchionne could not return to
Former Fiat Chrysler chief executive Sergio Marchionne has died following a 14-year career where he helped to rescue the automaker, the news arriving on Wednesday moments before the group reported a heavy drop in profit. The declaration of the death of Marchionne, one of the auto industry’s most tenacious and acclaimed CEOs, drew tributes from
Fiat Chrysler CEO Sergio Marchionne was being treated in a Zurich hospital on Sunday with a serious illness as he was suffering complications after shoulder surgery. A Fiat Chrysler spokesman verified Marchionne was in Zurich’s University Hospital, which is among the country’s largest medical centers. The spokesman did not offer details about the CEO’s condition
Luxury sports automaker Ferrari stated on Saturday it had selected board member Louis Camilleri as its new chief executive, replacing Sergio Marchionne who existed because of illness. In an emergency meeting arranged following the worsening of health of Marchionne, the Ferrari board also named John Elkann as chairman and provided Camilleri powers to oversee the
Fiat Chrysler is working with its Chief Executive Sergio Marchionne to find his successor next year, the car group’s chairman John Elkann stated on Friday. Marchionne has said before he will step down as CEO in early next year. He has frequently said his successor will be selected from within the company.
Fiat Chrysler Vehicles remains in talks with a number of parties, such as South Korea’s Samsung Electronic devices Co Ltd, about the future of its components company Magneti Marelli, the carmaker’s chairman John Elkann stated. “There are ongoing talks, but absolutely nothing formal,” Elkann stated on Saturday during a conference of investors in his family’s