Cars
Italian automaker Fiat SpA Chairman Luca Cordero di Montezemolo confirmed Tuesday he will step down from his position as he has "completed the assignment given to him by the core shareholder in May 2004."
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Cars
Luca di Montezemolo to Resign as Chairman of Fiat, Remains Chairman of Ferrari
Italian automaker Fiat SpA Chairman Luca Cordero di Montezemolo confirmed Tuesday he will step down from his position as he has "completed the assignment given to him by the core shareholder in May 2004."
The company said that Montezemolo will reveal more details at a press conference to be held this afternoon. The Vice Chairman of Fiat, John Elkann, and the CEO, Sergio Marchionne, will also be present at the conference.
- It's His Way Or The Highway: Marchionne Says Ferrari Will Increase Annual Production
It didn’t take long for new Ferrari boss Sergio Marchionne to reveal his plans for brand after former chairman Luca di Montezemolo announced his resignation. Read more »...
- Ferrari Boss Announces Resignation, Will Be Replaced By Marchionne
We knew that the relationship between Ferrari chairman Luca di Montezemolo and Fiat Chrysler Automobiles CEO Sergio Marchionne was far from warm, but we didn’t expect things to move so fast. Read more »...
- Ferrari Boss Reportedly Near Exit After Disagreeing With Marchionne
...
- Ferrari Confirms Hybrid Enzo Replacement By The End Of 2012, Reports Growth In First Quarter
Little by little, Ferrari is uncovering and confirming new details about its Enzo successor. In an announcement on the company's first quarter results, Ferrari’s Chairman Luca di Montezemolo revealed that the Enzo's replacement, rumored...
- Ferrari Ceo Made €8.7 Million In 2010 Or Twice As Much As Fiat Group Ceo Sergio Marchionne
It's no secret that top car executives make big money, but the situation at the Fiat Group is particularly interesting. How else could one describe the fact that in 2010, Ferrari's chairman, Luca Cordero di Montezemolo, was paid more than twice...