Luca Cordero di Montezemolo stepped down from his position as chairman of Fiat a couple of months ago but remains chairman and president of Ferrari. There have been recent reports that Montezemolo also leave that role, with an Italian paper claiming that an Agnelli family scion would take over the position. Fiat has gone on record with Reuters to say those reports aren't true.
Chris Liddell, the Microsoft CFO who'll be leaving to to take the same position at GM next month, might not stop there. Observers have suggested that Liddell wants the chance to run his own company, and say they can't imagine a star at Microsoft would take a post at an "eroded pillar of an old economy" without the chance to move up to CEO.
Patrick Schiavone, Ford's design director for trucks and crossovers, is leaving The Blue Oval. In his 21 years with the company, Schiavone has penned and helped develop Fords both naughty and nice: the last two F-150s; the Flex; Expedition; Cougar; Focus; Lincoln Navigator and Blackwood; the Mighty F-350 TONKA and Ford F-150 Lightning Rod concept trucks; and the Contour show car.
More than one-fourth of GM's 74,000 hourly employees are going to grab the loot and skedaddle. Earlier this year, UAW President Ron Gettlefinger estimated that 15,000 would put their hands out, but another couple thousand decided to hop on the General's money train. The workers are expected to finish their employment by July 1. GM's most recent deal with the UAW means it can replace those folks with lower wage workers and save itself a bundle on payroll. And that will make the job of saving itse