< ► > The script was simple for Sergio Marchionne: he would retire his post as boss of Fiat Chrysler next year then focus his attention on Ferrari as chairman and CEO, but fate intervened and within a bat of an eyelid removed him from all his positions of command in the organisation due to health reasons. No official statement has been released with regards to Marchionne's condition, but it is clearly severe and permanent enough for the FCA to act swiftly by fast-forwarding the succession and restructuring by a year. The Ferrari ‘retirement plan' Marchionne had wished for is also no longer an option for the 66-year-old who would have had a far more hands-on role with the...
Full Story »