Sergio Marchionne will be the new chairman of Ferrari. Luca Cordero di Montezemolo will leave at the request of the office ‘with effect on 13 October at the conclusion of the celebration of the 60th anniversary of Ferrari in America. ” President of the House of Maranello since 1991, remembers the Fiat Chrysler, “Montezemolo has led the company to achieve very important results both from the economic point of view from both the sporting point of view. A long history of great success at Ferrari where Montezemolo has achieved highly significant, with a team of world-class. ”
“I would like to thank Luca on behalf of my family and myself for what he has done for the Fiat and Ferrari – said the President of Fiat John Elkann-. He has held various positions of responsibility, from the President of Fiat from 2004 to 2010, sharing with me moments of difficulty, but also very rewarding. A Luca go my best wishes for his future career and business, with the hope, certainly shared soon see the Ferrari back to winning. ”
“It closes an era, beginning of a new phase,”
Following the press release, at the headquarters in Maranello, Luca Cordero di Montezemolo and Sergio Marchionne held a press conference to explain the decision. “It closes an era. In my professional program-family thought of going away at the end of next year – says the outgoing president – but the beginning of a new phase, with the listing on Wall Street shareholder, has prompted me to resign » .
“We go from a bad year because we have neglected the importance and difficulties of this new engine system which is not traditional. There will be a new series for Formula 1, it should be rewritten. There is potential to return soon to win, “said the outgoing president stressed that” Felisa is and will remain the CEO “and that” there will be a small increase compared to the physiological ceiling of 7,000 cars having expectations that are too long to not benefit the competition but will remain the goal of preserving the exclusivity of Ferrari. ”
“The severance pay? Fiat knows it is always too little “
In a climate with long stretches playful, Luca Cordero di Montezemolo has also responded to reporters who asked him for information on his golden handshake” knows that Fiat is always too little. ” Sergio Marchionne, meanwhile, alleged privacy reasons for not answering the question, remembering only that Ferrari is not a listed company and therefore is not required to disclose this type of information. Marchionne has sent in a note, however, that will be distributed in the coming hours.
Marchionne: “Ferrari will not be relying on the Fiat-Chrysler”
In Ferrari “we want to preserve the integrity of strategic go forward. The Ferrari can not lean on the Fiat-Chrysler system – said the CEO of Fca, Sergio Marchionne -. Operational independence will never be questioned, “he added.
Referring to disagreements between the two, the CEO of Fca held to specify that “friendship with Luke continues, has not been affected by the recent controversy.”
“The Ferrari was born and will die Italian»
Marchionne also wanted to be clear on the assumptions of an “American Ferrari” emphasizing how the company “was born and will die italiana.Non has nothing to do with America, will only have access to many resources, economic, and not only – he said -. It is an exaggeration to think that the new development activities on strategic and financial impact can a company that was born and grow here. ”
“An SUV with the Cavallino? I do not see “
To the questions of the journalists, Marchionne then answered about the possibility of an SUV with the horse:” I do not see. ” According to the ad, the Ferrari “is Italian born and die. If something were to be produced out of this plant would be obscene, totally inconceivable, if not born here, would not be the Ferrari. ”
“Sporting success will come”
And again: “I do not think this will be a great season, let the soul in peace. I believe in sports management of this company, success will come. We met with Mattiacci. There is a work in progress and there is an open yard. There is a problem with the engine. There is a lot of work that goes on. ”
“Ferrari is of importance should not be underestimated and the fact that both I and President means a lot. My commitment – assured – it is long-lasting. ”
“We must – continued Marchionne – give credibility to Ferrari on the track, are fixed. We have to go there. This would give support to the rest of the Ferrari, and goes beyond any other type of car that we can do. Win on the track is non-negotiable. We must go back. ”
“The IPO Ferrari? There is no “
With regard to the strategic choices, Sergio Marchionne then commented:” The responsibility of Ipo Ferrari or an increase in capital is not my choice. All strategic decisions are dependent on the Board. The Ipo Ferrari is not there, neither included nor excluded. ”
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