Marchionne appointed Ferrari CEO

- Sergio Marchionne has accepted another significant responsibility in addition to his role as Fiat Chrysler Automobiles (FCA) CEO, and has taken the reigns as Ferrari CEO from Amedeo Felisa.

- Mr Felisa stands down from the top job after a 26-year tenure with the prancing horse and eight years in the role, but is not completely retiring from the company as expected, and will instead continue to serve the board of directors with a specific mandate as technical advisor to Ferrari.

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