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Ferrari and Fiat boards to decide on succession plans for Sergio Marchionne

The boards of carmakers Fiat Chrysler and Ferrari will meet separately on Saturday to discuss succession plans for Sergio Marchionn.


Ferrari and Fiat boards to decide on succession plans for Sergio Marchionne
The boards of carmakers Fiat Chrysler and Ferrari will meet separately on Saturday to discuss succession plans for Sergio Marchionn. (Image Credit: Twitter)

The boards of carmakers Fiat Chrysler and Ferrari will meet separately on Saturday to discuss succession plans for Sergio Marchionne, who is chief executive of both carmakers and has been on medical leave, Automotive News said.

The report, citing people familiar with the matter, also said Louis Carey Camilleri, a Ferrari board member and former chairman of Philip Morris International, would be named Ferrari's chief executive.

Fiat Chrysler and Ferrari declined to comment on the report.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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