Ferrari, were Marchionne had been both chairman and CEO, named FCA Chairman and Agnelli family scion John Elkann as new chairman, while board member Louis Camilleri becomes chief executive, the luxury carmaker said in a separate statement.
Ferrari announced that Louis Camilleri, an Egyptian-board Maltese and longtime executive at Philip Morris International, the tobacco company, was chosen to replace Marchionne as CEO of the sports auto maker.
Marchionne is the man in favour of promoting Sauber rookie Charles Leclerc to the Scuderia in 2019.
In early June, Marchionne made his last major presentation as CEO of Fiat Chrysler.
Inside Trump's isolation after Putin summit, walkbacks
Director of National Intelligence] Dan Coats came to me and some others - and they said they think it's Russian Federation". The Washington Post reported that Trump specifically admired how Putin is "strong, smart, and cunning".
Elkann didn't give details of Marchionne's health problems, adding that his "first thoughts go to Sergio and his family". Manley, 54, has been the head of the Jeep brand since 2009 and Ram since 2015.
"I am profoundly saddened to learn of Sergio's state of health".
"It has been my privilege to have had Sergio at my side for all these years", Elkann said in asking for respect for Marchionne's privacy at this time.
Marchionne had shoulder surgery three weeks ago, and his recovery is taking longer than expected because of unexpected complications, according to a statement from the company. Marchionne managed to take two ailing companies and return them to profitability. The board will propose at the next Shareholder Meeting that he be elected to the board and serve as an executive director of the company.
In the meantime, in order to provide for his full authority and operational continuity for the company, the Board has with immediate effect granted Mr. Manley all the powers of CEO. His global background meant that he was perfectly-qualified to work for the tobacco firm, which he joined in 1978 as a business development analyst and four years later became the company's director of business development and planning.
Peter Creigh, an altar boy repeatedly sexually assaulted by Fletcher, told the court he told Wilson about the abuse. Australian Prime Minister Malcolm Turnbull speaks to the media in Sydney , Australia, July 19, 2018.
The Organisation for the Prohibition of Chemical Weapons (OPCW) will analyse the substance before reporting back its conclusions. His partner Dawn Sturgess , 44, died after handling an abandoned bottle which is believed to have contained the nerve agent.
A new set of simpler return filing forms - Sahaj and Sugam - are also in the works that would be finalised soon, Goyal said. In a boost for the textile industry, unclaimed input tax credit will henceforth be refunded to firms.
The fossil is made up of about 97 bones and represents half the vertebrae of an intact snake that was either a newborn or a fetus. The age of the snake in the fossil also makes it very important in understanding how ancient snake embryos matured.
She turned down the offer and began a relationship that included, she said, interactions between the two " many dozens of times ". Following this news, further details have emerged from both CNN and from Micheal Avenatti , related to these revelations.
McDonald's is handing out a medium order of fries every Friday for free for the rest of the year, The Sacramento Bee reports. Fry lovers will have to make a minimum purchase of $1 and download the McDonald's app to retrieve the coupon.
She surpasses an old teammate, Riquna Williams who scored 51 points in a game from 2013 when she was a member of the Tulsa Shock. Glory Johnson and Allisha Gray each added 13 points for Dallas (13-9), which won its first home game against NY since 2016.
Judge Llarena was scathing about the German court's decision, describing it as "a lack of commitment" in pursuing the fugitives. In December, Llarena had already dropped a European arrest warrant for Puigdemont and other Catalans who were then in Belgium.
That's probably little consolation to the auto workers whose jobs could be on the line if Trump presses forward with the tariffs. The Department of Commerce has received almost 2,400 comments from individuals and companies that can be found here .
Trump's comments came shortly after CNBC aired an interview with the president in which he bashed the Fed's planned rate hikes . The Fed has raised interest rates five times since Trump took office in January 2017, extending the campaign it began in 2015.
Lost Vegas faces major battle to make cut
He waited for seven hours in the consulate of Houston after finding out that his visa never left NY due to a UPS shutdown. Things haven't gone exactly to plan for Vegas at The Open . "I wouldn't really miss it for anything".