WRAPUP 1-Fiat in turmoil as CEO quits, new chairman named

Newswire

TURIN, May 30 (Reuters) - Italian carmaker Fiat, still mourning the death of the last senior member of its founding Agnelli family, was plunged into turmoil on Sunday when its CEO resigned unexpectedly moments after a new chairman was named. Italy's biggest industrial group announced Giuseppe Morchio's decision to stand down as chief executive minutes after the group appointed the head of its sportscar Ferrari unit, Luca di Montezemolo, as new chairman. The chairman's post had been left ...

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