UPDATE 2-Ex-Pirelli exec Morchio to be named new Fiat CEO

Newswire

(Adds quotes, board shake-up, background, byline) By Jane Barrett MILAN, Feb 26 (Reuters) - Crisis-torn Fiat is due to get a new set of top managers on Friday after its core owners said former Pirelli executive Giuseppe Morchio would be named as Fiat's fourth CEO in nine months at a board meeting. In a statement released on Wednesday, Ifi and Ifil said their chief executive, Umberto Agnelli -- due to take over as Fiat chairman on Friday -- would propose Morchio as CEO "to accelerate ...

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