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FIAT, Ferrari meet to discuss successor for ill Marchionne
The boards of carmakers Fiat Chrysler and Ferrari will meet separately today to discuss succession plans for Sergio Marchionne, who is chief executive of both carmakers and has been on medical leave since late June, according to Automotive News. The report, citing unnamed sources familiar with the matter, also said Louis Carey Camilleri, a Ferrari board member and former chairman of Philip Morris International, would be named Ferrari’s chief executive. John Elkann, the scion of Italy’s Agnelli family which controls both Fiat Chrysler (FCA) and Ferrari, would be named chairman at Ferrari, it added. Marchionne currently serves as both CEO and chairman of the sportscar maker. It was...
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