UPDATE 1-Agnelli to nominate Morchio as new Fiat CEO-Ifil

Newswire

(Adds details on Morchio, Montezemolo to board) 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 Umberto Agnelli, due to take over as Fiat chairman at a board meeting on Friday, would propose Morchio as CEO to join him "to accelerate the group's industrial relaunch". In a 21-year career at ...

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