Ferrari Chairman Luca Cordero di Montezemolo Resigns

September 10, 2014

Luca Cordero di Montezemolo, chairman of Ferrari will step down after 23 years, and Sergio Marchionne, chief of the parent group Fiat Chrysler Automobiles, will assume the top spot. The departure comes after di Montezemolo in March signed a three-year contract.

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