Ferrari names Fiat Chrysler's chief as its CEO
Italian sports car manufacturer Ferrari on Monday appointed its Chairman Sergio Marchionne as the new CEO with "immediate effect", adding yet another title for the Italian-Canadian manager, who also runs Fiat Chrysler. Marchionne replaced 69-year-old Amedeo Felisa, who retired from his post when the carmaker's board of directors met to discuss the first-quarter results, the company said.