Wednesday, September 10, 2014

The farewell to Ferrari’s Montezemolo, Marchionne president – Il Sole 24 Ore

The farewell to Ferrari's Montezemolo, Marchionne president – Il Sole 24 Ore

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This article was published on 10 September 2014 at 08:55.
The last change is the 10 September 2014 at 14:51.

A Montezemolo Maranello ends was 23 years. October 13, Luca Cordero di Montezemolo, Ferrari president will no longer be “at his request,” reads the press release issued this morning. The farewell will come at the conclusion of the celebration of the 60th anniversary of Ferrari in America. In its place will come Sergio Marchionne, CEO of the group Fca, just as the market speculated. The change ends the “independent republic” ferrari part of the Turin group and integrates also made in the management of Fca within the upcoming listing in New York. This will allow the group to realize the full value that Ferrari will bring to the title.

“The future of Ferrari – he says Marchionne – Luca and I discussed at length. Our common desire to see the Ferrari express his true potential on the track led us to some misunderstandings that have emerged publicly last weekend. I want to personally thank Luke for what he has done for the Fiat, Ferrari and for me. “

And a thank you to the manager also comes from the Agnelli family through the words of the chairman of Fiat John Elkann: “I wish to thank Luca on behalf of my family and myself for what he has done for the Fiat and Ferrari. He has held various positions of responsibility, from the chairmanship 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. “

Marchionne takes the opportunity, then, to remember the route done together over the last ten years: “In 2003, Luke and I were appointed on the same day directors of Fiat. A year later we became President and CEO him self. We worked together in the early years, sharing concerns, problems and successes. As president of the Ferrari led the company to a level of technological and organizational excellence and has achieved important results. “

For his part, Luca di Montezemolo, in a statement from the home of the Prancing Horse, confirms the role which the premium brand of the group as part of the overseas debut, “The Ferrari will have an important role within the group in the next Fca listing on Wall Street and then open a new and different phase which I think just should be guided by the managing director of the group. It ends an era and I decided to leave the presidency after nearly 23 years wonderful and unforgettable, after those passed alongside Enzo Ferrari in the seventies. “

” My Thanksgiving – continued Montezemolo – goes before all at exceptional men and women in the factory, in the office, in the fields of competition, markets around the world that were the real creators in these years of great growth, of the many memorable victories and success of the brand has become thanks them one of the strongest in the world. A greeting and a thank you to all of our technical and commercial partners, to dealers in each country and in particular to customers and collectors with whom I share the same passion
. But today my thoughts go also to our fans who have never failed to lend the Scuderia their enthusiasm, especially in difficult times.
Ferrari is the finest company in the world and for me it was a great privilege and
honor of having been the leader. I devoted all my efforts and enthusiasm and
with my family has been and is the most important thing
of my life. “

” I wish to shareholders – the statement concludes di Montezemolo – and in particular to Piero Ferrari that I was getting close, and the most thrilling people the company many more years of success that Ferrari deserves. “



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