Ferrari revealed Tuesday that its CEO, Jean Todt, would step down after his 15-year employment at the Italian supercar maker. The announcement came after the company’s annual shareholders meeting. Amedeo Felisa, Ferrari’s General Manager, has been nomited by Ferrari’s Board of Directors to replace Todt. Todt will stay involved with the famous prancing horse company, sitting on its 13-member Board, as President of the Boards of Directors of Ferrari Asia Pacific and of Ferrari West Europe. He will also remain as a representative of Ferrari at the FIA World Council and be given special appointments in GT activities and Sports Management.
Todt said he fulfilled the commitment to the President of Confindustria as well as naming a new director of Sports Management to step into his Todt temporary place in Stefano Domenicali at the start of this year. “Having accomplished these tasks, a new phase of my life has now begun in which I will have more time to dedicate to myself and my other interests,” said Todt in a Ferrari statement.
Todt joined Ferrari as the head of its F1 team in 1993 and the Frenchman saw Scuderia Ferrari to six Drivers’ world titles, 7 Constructors’ world titles and 98 Grand Prix. In 2004, he was promoted to general manager and became the CEO in 2006. Felisa, born in Milan roughly 62 years ago, became the general manager in 2006.
03/18, 2:17 PM
posted by:
A4
first comment hehehehehehehe lologramz
03/18, 2:35 PM
posted by:
LBNA
wouldn’t want to be the boss of ferrari f1 after last week’s race! man, that was horrible.
03/18, 2:46 PM
posted by:
CleanGTO
THIRD!
Imagine bearing the burden of a company of this caliber…not a job I’d want! Probably not worth the ridiculous 6 digit figure either
03/18, 2:56 PM
posted by:
Jazz
Backlash from losing Ross Brawn to Honda. Now the Honda is looking sort of competitive and the Ferrari had a double DNF.
03/18, 3:22 PM
posted by:
Jazz
Not to mention Stepneygate.
03/19, 5:49 AM
posted by:
Mat
Its none of these… Its called “boardroom politics”