 "The Cincinnati Post (Cincinnati, OH)")
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FIAT CEO QUITS AFTER FERRARI BOSS NAMED NEW CHAIRMAN.(Business)
From:
The Cincinnati Post (Cincinnati, OH)
| Date:
May 31, 2004
| COPYRIGHT 2004 The Cincinnati Post. All rights reserved. Reproduced with the permission of the Dialog Corporation by Gale Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Byline: Tom Rachman Associated Press
ROME -- Fiat SpA chief executive Giuseppe Morchio handed in his resignation Sunday, shortly after the auto conglomerate announced it had named Ferrari chief Luca Cordero di Montezemolo its new chairman.
Morchio also had been considered a candidate for the position.
The Italian news agency ANSA said it had received a statement from Morchio attributing his resignation to "the changed conditions coming from the deci...