Marchionne becomes Ferrari CEO

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Sergio Marchionne has been nominated as Ferrari CEO, in addition to his position as chairman. He replaces the retiring Amedeo Felisa. The announcement came as Ferrari announced its first-quarter earnings which revealed profits of $89.5 million, a 19 percent leap compared to last year. Marchionne remains intent on pushing Ferrari into the luxury goods markets. He is not […]

Sergio Marchionne has been nominated as Ferrari CEO, in addition to his position as chairman. He replaces the retiring Amedeo Felisa. The announcement came as Ferrari announced its first-quarter earnings which revealed profits of $89.5 million, a 19 percent leap compared to last year. Marchionne remains intent on pushing Ferrari into the luxury goods markets. He is not […]

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