Morchio works to fix Fiat; CEO has made far-reaching changes at Italian company.(News)(Giuseppe Morchio)

From: Automotive News Europe | Date: May 3, 2004| Author: Ciferri, Luca | Copyright information

Byline: Luca Ciferri

Hiring former Ford of Europe boss Martin Leach to head Maserati - an official announcement is expected soon - is only the latest step in Giuseppe Morchio's far-reaching restructuring of the Fiat group.

Morchio, a 56-year-old Fiat outsider who was unexpectedly named group CEO in February 2003, has been reshaping Italy's biggest industrial conglomerate in 14 months of frenetic activity.

He has hired new senior executives for many ...