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Landi Renzo recruits former FCA Ferrero

The appointment of the Piedmontese manager is part of the recovery plan announced in September. Ferrero is in charge of developing the manufacturers' market globally and entering the commercial vehicle market with force. The share, listed on the STAR segment of Piazza Affari, reacted positively: in the middle of the session it gained 2,27%

Paolo Ferrero, former CEO and general manager of Fiat-GM Powertrain and senior vice president of Chrysler, will be the key figure for the implementation of the industrial plan recently announced by Landi Renzo. 

Ferrero will support the new CEO Cristiano Musi in the process of relaunching the company active in the production of gas systems (LPG or methane) for thermal engines). The manager was named group vice president for strategic development and chief technology officer. Ferrero has the task of developing and improving business activities on a global level, while at the same time trying to find innovative solutions for powertrain components and systems. 

The appointment also has a strategic impact at an organizational level: with the arrival of Ferrero, the new division called Central Technology Office will also be created.
 
Paolo Ferrero can boast a very long international experience in the automotive sector: after starting his career in Abarth (at the time Fiat's racing department), he worked in other companies of the Fiat group. 
The CEO Cristiano Musi commented on the appointment as follows: “We are very happy that a manager with such a high profile and great experience such as Paolo Ferrero joins our team. The skills and consolidated experience he has developed in the automotive sector, in addition to his solid network of relationships, will help accelerate the implementation of the 2018-2022 strategic plan, aiming for a
business growth on international markets”.
 
 

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