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Sergio Marchionne appointed as Ferrari’s new CEO
Sergio Marchionne, appointed as Ferrari's CEO, with Ferrari F1 team Chief Maurizio Arrivabene (left) Sergio Marchionne has been appointed as new CEO at Ferrari. He steps in to replace Amedeo Felisa, while continuing as boss of Fiat Chrysler and chairman positions. Marchionne's replacement of CEO Amedeo Felisa came as Ferrari posted its best first-quarter earnings ever, a 19-percent increase in net profit to 78 million euros (US$89.5 million). That compares with 65 million euros in the same period last year. “I have known Amedeo for more than a decade and I have had the opportunity to work with him closely for the last two years,” Marchionne said in a statement. “He is beyond any...
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