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Ferrari announced today that the current CEO Amedeo Felisa will step down and Sergio Marchionne will become the new CEO. The changes are effective immediately. The change didn't come as a surprise to most people. Sources tell Reuters that Marchionne being named CEO doesn't change much as he has been in charge since former Chairman Luca Di Montezemolo quit in September 2014. Felisa has been with Ferrari for 26 years holding various roles including overseeing product development and the general manager of the brand. He was named CEO in 2008. Felisa will still be part of Ferrari's board of directors. It is unknown what this change will bring to the Italian sports car maker. But considering some of Marchionne's previous comments, it wouldn't be surprising if production is slightly increased and an entry-level sports car comes out. Source: Associated Press, Reuters, Ferrari Press Release is on Page 2 Ferrari Announces CEO Succession Maranello (Italy), 2 May 2016 – Ferrari N.V. (“Ferrari” or “Company”) (NYSE/MTA: RACE) announces the retirement of its Chief Executive Officer, Mr. Amedeo Felisa, after 26 years of dedicated service. Mr. Sergio Marchionne will assume those responsibilities while retaining his current role as Chairman of the Company. Mr. Felisa will continue to serve on the Board of Directors of Ferrari with a specific mandate as technical advisor to the Company. Sergio Marchionne had this to say: “I have known Amedeo for more than a decade and I have had the opportunity to work with him closely for the last two years. He is beyond any doubt one of the best automotive engineers in the world. During the last 26 years, he has worked tirelessly to fuel and guide Ferrari’s technical development, producing an array of cars which have set the standard for both performance and styling.” The Board of Directors wants to officially express its gratitude to Amedeo for his contributions and is delighted to be able to count on his services as technical advisor to the leadership team going forward. These executive changes are effective immediately. -
Ferrari announced today that the current CEO Amedeo Felisa will step down and Sergio Marchionne will become the new CEO. The changes are effective immediately. The change didn't come as a surprise to most people. Sources tell Reuters that Marchionne being named CEO doesn't change much as he has been in charge since former Chairman Luca Di Montezemolo quit in September 2014. Felisa has been with Ferrari for 26 years holding various roles including overseeing product development and the general manager of the brand. He was named CEO in 2008. Felisa will still be part of Ferrari's board of directors. It is unknown what this change will bring to the Italian sports car maker. But considering some of Marchionne's previous comments, it wouldn't be surprising if production is slightly increased and an entry-level sports car comes out. Source: Associated Press, Reuters, Ferrari Press Release is on Page 2 Ferrari Announces CEO Succession Maranello (Italy), 2 May 2016 – Ferrari N.V. (“Ferrari” or “Company”) (NYSE/MTA: RACE) announces the retirement of its Chief Executive Officer, Mr. Amedeo Felisa, after 26 years of dedicated service. Mr. Sergio Marchionne will assume those responsibilities while retaining his current role as Chairman of the Company. Mr. Felisa will continue to serve on the Board of Directors of Ferrari with a specific mandate as technical advisor to the Company. Sergio Marchionne had this to say: “I have known Amedeo for more than a decade and I have had the opportunity to work with him closely for the last two years. He is beyond any doubt one of the best automotive engineers in the world. During the last 26 years, he has worked tirelessly to fuel and guide Ferrari’s technical development, producing an array of cars which have set the standard for both performance and styling.” The Board of Directors wants to officially express its gratitude to Amedeo for his contributions and is delighted to be able to count on his services as technical advisor to the leadership team going forward. These executive changes are effective immediately. View full article
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Ed Welburn, General Motors' Chief Designer and one of the key people around the recent revitalization of GM's design has announced he will retire from the company on July 1st. Taking his place as chief designer will be Michael Simcoe who currently heads GM International Design. Welburn is GM's sixth design chief in GM's 108-year-history, following in the footsteps of people Harley Earl and Bill Mitchell. Welburn also holds the distinction of being the first African American to lead design for an automaker. Welburn's story of becoming the head of GM design starts in the early sixties when he saw the Cadillac Cyclone Motorama concept at an auto show and writing to GM about careers in design. He would join GM as a design intern in 1971 before becoming an employee in Buick's design studio a couple years later. Welburn would move to Oldsmobile in 1975 and become its chief designer in 1989, working on such projects as the Cutlass Supreme and Cutlass Ciera. In 1996, he became the chief designer for Saturn and then head of GM's advanced design center. Welburn would be named head of GM design in 2003. Two years later, a new position was created for him that would have him oversee GM's global design. “GM Design is among the most respected and sought-after organizations in the industry because of Ed’s leadership. He nurtured a creative, inclusive and customer-focused culture among our designers that has strengthened our global brands,” said Mary Barra, GM chairman and CEO in a statement. The list of vehicles Welburn played a role in is quite long. Some of the most recent vehicles include the Corvette Stingray, Chevrolet Volt, Buick Avista concept, Cadillac El Miraj, and 2016 Chevrolet Camaro. But one vehicle Welburn says is the most important to him was the Oldsmobile Aerotech, an experimental vehicle from the mid-eighties that would earn two world speed records. "That was a big part of my development as a leader. Because for the first time, I wasn't just sketching. I was working with engineers, with marketing. I was working all day in the studios and all night in the wind tunnel. That was the project that I really learned design cannot be an island," Welburn told Automotive News earlier this month. Michael Simcoe joined General Motors in 1983 as a designer for Holden. In 1995, Simcoe was named director of Design for GM Asia Pacific and then executive director of Asia Pacific Design in 2003. A year later, Simcoe would be named executive director of North American Exterior Design. Simcoe's achievements include leading the team behind the Avenir concept. Source: General Motors Press Release is on Page 2 GM Design Chief Ed Welburn To Retire July 1 Michael Simcoe named new vice president, GM Global Design WARREN, Mich. – Ed Welburn, vice president of General Motors Global Design, told employees today he will retire effective July 1, following a 44-year career with the company. Michael Simcoe, a 33-year veteran of GM Design and vice president of GM International Design, based in Australia and Korea, has been selected to succeed Welburn. He will be the company’s seventh design leader and begins transitioning into his new role on May 1. His replacement has not been named. Welburn, 65, has been celebrated inside and outside the industry for his extraordinary achievements. He has led GM Design since 2003, and globally since 2005, the first African American from any automaker to do so. “GM Design is among the most respected and sought-after organizations in the industry because of Ed’s leadership. He nurtured a creative, inclusive and customer-focused culture among our designers that has strengthened our global brands,” said Mary Barra, GM chairman and CEO. Under Welburn’s leadership, GM built a network of 10 GM design centers in seven countries. His team of more than 2,500 creative men and women – based in the U.S., Germany, South Korea, China, Australia, Brazil and India – collaborate on the design development of every GM concept and production car, truck and crossover globally. Mark Reuss, executive vice president, Global Product Development and Global Purchasing and Supply Chain, announced Simcoe’s promotion and commended Welburn. “Given his deep global experience and passion for breakthrough design, Michael is the right person to lead GM Global Design,” said Reuss. “He is known for his ability to take diverse ideas and mold them into great products that surprise and delight our customers.” Reuss recognized Welburn for his creative imprint on four decades of iconic vehicles and his leadership in identifying and developing world-class talent. “Ed’s team turns out one award-winning product after another … and his strong bench will keep GM Design on top for years to come,” Reuss said. Simcoe has been in his current role since 2014, overseeing GM’s production and advanced studios in Korea, Australia, and India. He is known for applying global design excellence and creativity to the company’s distinct brands. He joined GM in 1983 as a designer at Holden in Australia, and is Holden’s brand champion. In 1995, he became director of Design for GM Asia Pacific and in 2003, was named executive director of Asia Pacific Design and led the development of the new GM Korea design operations under Welburn’s leadership. The following year, he became executive director of North American Exterior Design, responsible for critical and commercial successes like the GMC Terrain, Buick LaCrosse, Chevrolet Camaro and Equinox and Cadillac CTS. More recently, he led the team responsible for the award-winning Buick Avenir Concept. Last month, he introduced the Chevrolet Colorado Xtreme and Trailblazer Premier show cars at the Bangkok International Motor Show. View full article -
Ed Welburn To Retire As GM's Chief Designer This Summer
William Maley posted an article in General Motors
Ed Welburn, General Motors' Chief Designer and one of the key people around the recent revitalization of GM's design has announced he will retire from the company on July 1st. Taking his place as chief designer will be Michael Simcoe who currently heads GM International Design. Welburn is GM's sixth design chief in GM's 108-year-history, following in the footsteps of people Harley Earl and Bill Mitchell. Welburn also holds the distinction of being the first African American to lead design for an automaker. Welburn's story of becoming the head of GM design starts in the early sixties when he saw the Cadillac Cyclone Motorama concept at an auto show and writing to GM about careers in design. He would join GM as a design intern in 1971 before becoming an employee in Buick's design studio a couple years later. Welburn would move to Oldsmobile in 1975 and become its chief designer in 1989, working on such projects as the Cutlass Supreme and Cutlass Ciera. In 1996, he became the chief designer for Saturn and then head of GM's advanced design center. Welburn would be named head of GM design in 2003. Two years later, a new position was created for him that would have him oversee GM's global design. “GM Design is among the most respected and sought-after organizations in the industry because of Ed’s leadership. He nurtured a creative, inclusive and customer-focused culture among our designers that has strengthened our global brands,” said Mary Barra, GM chairman and CEO in a statement. The list of vehicles Welburn played a role in is quite long. Some of the most recent vehicles include the Corvette Stingray, Chevrolet Volt, Buick Avista concept, Cadillac El Miraj, and 2016 Chevrolet Camaro. But one vehicle Welburn says is the most important to him was the Oldsmobile Aerotech, an experimental vehicle from the mid-eighties that would earn two world speed records. "That was a big part of my development as a leader. Because for the first time, I wasn't just sketching. I was working with engineers, with marketing. I was working all day in the studios and all night in the wind tunnel. That was the project that I really learned design cannot be an island," Welburn told Automotive News earlier this month. Michael Simcoe joined General Motors in 1983 as a designer for Holden. In 1995, Simcoe was named director of Design for GM Asia Pacific and then executive director of Asia Pacific Design in 2003. A year later, Simcoe would be named executive director of North American Exterior Design. Simcoe's achievements include leading the team behind the Avenir concept. Source: General Motors Press Release is on Page 2 GM Design Chief Ed Welburn To Retire July 1 Michael Simcoe named new vice president, GM Global Design WARREN, Mich. – Ed Welburn, vice president of General Motors Global Design, told employees today he will retire effective July 1, following a 44-year career with the company. Michael Simcoe, a 33-year veteran of GM Design and vice president of GM International Design, based in Australia and Korea, has been selected to succeed Welburn. He will be the company’s seventh design leader and begins transitioning into his new role on May 1. His replacement has not been named. Welburn, 65, has been celebrated inside and outside the industry for his extraordinary achievements. He has led GM Design since 2003, and globally since 2005, the first African American from any automaker to do so. “GM Design is among the most respected and sought-after organizations in the industry because of Ed’s leadership. He nurtured a creative, inclusive and customer-focused culture among our designers that has strengthened our global brands,” said Mary Barra, GM chairman and CEO. Under Welburn’s leadership, GM built a network of 10 GM design centers in seven countries. His team of more than 2,500 creative men and women – based in the U.S., Germany, South Korea, China, Australia, Brazil and India – collaborate on the design development of every GM concept and production car, truck and crossover globally. Mark Reuss, executive vice president, Global Product Development and Global Purchasing and Supply Chain, announced Simcoe’s promotion and commended Welburn. “Given his deep global experience and passion for breakthrough design, Michael is the right person to lead GM Global Design,” said Reuss. “He is known for his ability to take diverse ideas and mold them into great products that surprise and delight our customers.” Reuss recognized Welburn for his creative imprint on four decades of iconic vehicles and his leadership in identifying and developing world-class talent. “Ed’s team turns out one award-winning product after another … and his strong bench will keep GM Design on top for years to come,” Reuss said. Simcoe has been in his current role since 2014, overseeing GM’s production and advanced studios in Korea, Australia, and India. He is known for applying global design excellence and creativity to the company’s distinct brands. He joined GM in 1983 as a designer at Holden in Australia, and is Holden’s brand champion. In 1995, he became director of Design for GM Asia Pacific and in 2003, was named executive director of Asia Pacific Design and led the development of the new GM Korea design operations under Welburn’s leadership. The following year, he became executive director of North American Exterior Design, responsible for critical and commercial successes like the GMC Terrain, Buick LaCrosse, Chevrolet Camaro and Equinox and Cadillac CTS. More recently, he led the team responsible for the award-winning Buick Avenir Concept. Last month, he introduced the Chevrolet Colorado Xtreme and Trailblazer Premier show cars at the Bangkok International Motor Show.
