Agnelli to nominate Morchio as new Fiat CEO-Ifil

Newswire

MILAN, Feb 26 (Reuters) - Giuseppe Morchio, a former Pirelli executive will be nominated as Fiat's fourth chief executive in nine months later this week, Fiat's controlling shareholder Ifi-Ifil said on Wednesday. In a statement, Ifi and Ifil said Fiat Chairman-in-waiting Umberto Agnelli would propose Morchio be named as CEO at the next board meeting, due on Friday, "to accelerate the group's industrial relaunch". Agnelli is currently head of Ifi and Ifil, which together own about 30 ...

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