Media: Marchionne is replaced at the head of Ferrari and Fiat Chrysler



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The four-time Formula 1 world champion Sebastian Vettel (Heppenheim / Ferrari) will get a new boss. Italian media reported on Saturday that Fiat Chrysler's board of directors (FCA) will advise Turin on a successor to Group CEO Sergio Marchionne, who is also president of Ferrari and thus has the last word in Scuderia.

For his successor Louis Carey Camilleri is traded. The Swiss is currently the chairman of the supervisory board of Philip Morris International, a long-time sponsor of Scuderia Ferrari. The FCA did not want to comment on the information

In fact, Marchionne, 66, had to give up the direction of the FCA that in 2019. As the boss of Ferrari, he also wanted to stay in power. However, at the end of June, Italo-Canadians underwent surgery in the shoulder. In recent days, there were rumors that Marchionne might leave the group due to health problems.

After several stops in packaging companies, the lawyer and the accountant in 2004 took over the scepter at Fiat. Under his leadership, the Fiat Group merged with the American automaker Chrysler. The FCA Group is listed on Wall Street. Marchionne has been president of Ferrari since 2014. He had replaced longtime boss Luca di Montezemolo.

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