Fiat Chrysler’s plans to separate Ferrari from the rest of the group, floating a 10 percent stake at the stock market and giving the rest to its current shareholders, is intended to raise much-needed cash for FCA to compete with other major manufacturers.
After Luca di Montezemolo was ousted by FCA head honcho Sergio Marchionne, rumors circulated about further changes at Ferrari’s management.
According to Reuters, though, Chairman John Elkann dismissed them at least as far as the supercar manufacturer CEO Amedeo Felisa (pictured on the right) is concerned.
“There will be no CEO change”, he told reporters. This means that, until FCA spins off Ferrari, Felisa’s position is secure.
Born in 1946, Felisa graduated from the University of Milan with a degree in mechanical engineering. He then joined Alfa Romeo in 1972 and in 1987 was appointed head of the company’s product development.
In 1990 he moved to Ferrari, where he held several managing positions before becoming General Manager in 2006 and, eventually, CEO in 2008.