Home Marchionne gains $13 million with stock sale after Ferrari deal
 

Keywords :   


Marchionne gains $13 million with stock sale after Ferrari deal

2014-11-05 01:47:20| Automakers - Topix.net

Fiat Chrysler Automobiles CEO Sergio Marchionne made about 10.7 million euros from a surge in the automaker's share price after he announced a plan to spin off Ferrari. Marchionne exercised options for 6.25 million Fiat Chrysler shares on Oct. 30 and sold that amount of shares by Oct. 31. He did the same for an equal amount of stock in CNH Industrial NV, the truck and tractor maker that was previously part of the Fiat group.

Tags: sale stock million deal

Category:Automotive

Latest from this category

All news

»
15.11
15.11BELLE
15.11 Blu-ray 3
15.11LJN
15.11 vol.8
15.11 Kondo KRS-2552R2HV ICS
15.11 Lunatic Blood / Kleio
15.11111
More »