Sergio Marchionne is a man of many hats and responsibilities. He’s already the CEO of Fiat Chrysler Automobiles and, just recently, he’s also been appointed as the CEO of Ferrari after the retirement of longtime chief executive Amedeo Felisa. The announcement was made shortly after Felisa’s retirement, with Marchionne immediately assuming all the responsibilities of Felisa while also retaining his current role as chairman. In other words, Marchionne is now the chairman and CEO of Ferrari, as if he didn’t have enough roles and responsibilities.
For his part, Felisa leaves behind a stellar career in Ferrari where he has been for the past 26 years. He first joined the Prancing Horse in 1990 after spending the better part of 20 years with Alfa Romeo. In 2001, he was put in charge of Ferrari’s road-car division, a role he served for five years before being named general manager in 2006 and later on as CEO in 2008. Judging by how much Ferrari has evolved in the past eight years, it’s safe to say that Felisa has had a big hand in the current state of the Italian automaker, including a banner sales and revenue year in 2015 when it shipped of 7,664 units, 6 percent better than its tally in 2014.
No mention was made on why Felisa decided to hang his boots, but now that he’s on his way out, Marchionne will be in charge of running the company more directly since assuming the chairman role from his predecessor, Luca di Montezemolo, back in 2014. As for Felisa, his retirement won’t affect his position on the company’s board as he will continue to serve as a technical adviser for the company - similar to Jean Todt, who was given the same title when he was replaced by Felisa as CEO in 2008.
Continue after the jump to read the full story.
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