3
Sergio Marchionne looks set to add yet another executive role to his plate. Bloomberg, the business news agency, said the Fiat Chrysler and Ferrari president will soon also take over as Ferrari's CEO, as Amedeo Felisa is tipped to retire.
Ferrari declined to comment, but the news follows the Maranello marque having lost almost a third of its value since being floated on the New York stock exchange last October. Bloomberg said Felisa, 69, was one of the "closest aides for more than 20 years" of former president Luca di Montezemolo, who was ousted by Marchionne prior to the floatation.
If confirmed, Marchionne will add his new role as Ferrari CEO to his other titles, including chairman roles at companies CNH and SGS, vice-chairman of the Agnelli family investment company Exor and a director of Philip Morris. The 63-year-old Italian-Canadian is famously demanding, sleeping only three or four hours a night and setting Ferrari team boss Maurizio Arrivabene the goal of immediately winning races in 2016.
So when asked if he has already let Marchionne down, Arrivabene told Germany's Welt am Sonntag newspaper: "You need to understand and interpret such statements correctly. Marchionne said he wants a Ferrari to be first on the grid and win in Melbourne, but I think we were very close to Mercedes and the victory," he said. "On the other hand it's perfectly normal that big companies like Ferrari set high targets. For me it is therefore understandable that the bar is as high as possible." (GMM)
Grand Prix of BelgiumLocal time
Grand Prix of BelgiumLocal time
Bahrain International Circuit - Winter testing
M. Verstappen
C. Sainz jr
C. Leclerc
Bahrain
Bahrain
Bahrain International Circuit
Bahrain
Bahrain International Circuit
Saudi Arabia
Jeddah Street Circuit
Australia
Albert Park
Japan
Circuit Suzuka
United States of America
Miami International Autodrome
Monaco
Monte Carlo
Canada
Gilles Villeneuve
Spain
Circuit de Catalunya
Austria
Red Bull Ring
United Kingdom
Silverstone
Hungary
Hungaroring
Belgium
Spa-Francorchamps
Netherlands
Circuit Zandvoort
Italy
Monza
Azerbaijan
Baku City Circuit
Singapore
Marina Bay Street Circuit
United States of America
Circuit of the Americas
Mexico
Autodromo Hermanos Rodriguez
Brazil
Interlagos
United States of America
Las Vegas Street Circuit
United Arab Emirates
Yas Marina Circuit
483,833 comments on Ferrari
279 members have this team as their favourite
Tweets about Ferrari
Replies (3)
Login to replykhasmir
Posts: 893
He'll need a roll of paper instead of a normal visiting card to add all those titles...
calle.itw
Posts: 8,527
He'll resemble a russian general soon enough ;).
mclarenfan1968
Posts: 1,027
Who the hell does this guy think he is eh? Jean Luc Picard? "make it so". The first race Ferrari should win because, you know, I said so.