UPDATE 1-Fiat calls new CEO from Agnelli inner circle

Newswire

(adds details, background, share price reaction) MILAN, June 27 (Reuters) - Fiat on Thursday named Gabriele Galateri, a right hand man of its controlling Agnelli family, as a CEO, boosting its flagging share price on hopes his arrival might be a sign that the group's car unit could be sold. In a statement, Fiat also said Chairman Paolo Fresco would continue to serve as co-CEO, a post he took over after Paolo Cantarella resigned amid a wide-sweeping restructuring and debt-cutting plan at ...

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