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Todt is appointed Ferrari CEO 25 Oct 2006

Jean Todt (FRA) Ferrari Sporting Director.
Formula One World Championship, Rd 16, Chinese Grand Prix, Practice Day, Shanghai International Circuit, Shanghai, China, 29 September 2006

Ferrari Formula One team boss Jean Todt has been announced as the Italian car manufacturer’s new Chief Executive Officer. The position of General Manager, previously held by Todt, will be taken by Amedeo Felisa.

Both appointments were confirmed on Wednesday following a meeting of the Ferrari S.p.A. Board of Directors in Turin, Italy, under the presidency of Luca di Montezemolo.

Ferrari are expected to make further announcements later this week specific to the future management structure of their Formula One team, in light of Michael Schumacher's retirement.