Sergio Marchionne named Ferrari CEO

Ferrari [NYSE:RACE] has named current Chairman Sergio Marchionne as its new CEO. Marchionne takes over from Amedeo Felisa, who is retiring after 26 years at the company and eight years in the top role. The 69-year-old will still play a role in leading Ferrari, however, as he is to continue to serve on the board of directors with a specific mandate...

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