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Marchionne to replace Montezemolo as Ferrari chairman
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September 10th 2014 (F1Plus / Rosie Baillie) - Luca Cordero di Montezemolo is to step down as Ferrari chairman and will be replaced by Sergio Marchionne, Fiat CEO. On Saturday Montezemolo told media in Monza he was not leaving Ferrari following rumours about his departure. Press releases from Montezemolo and Ferrari owners Fiat / Chrysler on Wednesday confirmed that Montezemolo will leave his position on October 13th. As expected, he will be replaced by Fiat CEO Marchionne. Montezemolo said the decision had come around due to the flotation of Ferrari's parent group Fiat Chrysler Automobiles...
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12y ago from F1Plus.com
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