During Ferrari's annual stockholders' meeting, company chairman Luca di Montezemolo announced that Jean Todt has resigned from all of his duties at the automaker. The former CEO and Formula One head has been the face of Ferrari for the last 15 years, joining the automaker in 1993 after a successful stint at Peugeot where he was instrumental in the French company's motorsports successes. In the following years, Todt thoroughly reorganized the Ferrari F1 team, eventually bringing racing legend Michael Schumacher, along with Ross Brawn and Rory Byrne, into the fold, and went on to preside over seven constructors' wins and five drivers' championships. Todt hasn't announced his next step, but we imagine a cocktail on the Riviera is in his future.
Wednesday, March 18, 2009
Jean Todt Resigns from Ferrari
During Ferrari's annual stockholders' meeting, company chairman Luca di Montezemolo announced that Jean Todt has resigned from all of his duties at the automaker. The former CEO and Formula One head has been the face of Ferrari for the last 15 years, joining the automaker in 1993 after a successful stint at Peugeot where he was instrumental in the French company's motorsports successes. In the following years, Todt thoroughly reorganized the Ferrari F1 team, eventually bringing racing legend Michael Schumacher, along with Ross Brawn and Rory Byrne, into the fold, and went on to preside over seven constructors' wins and five drivers' championships. Todt hasn't announced his next step, but we imagine a cocktail on the Riviera is in his future.
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