Marchionne collects US$36M in stock for strong company returns [Business News Network (BNN) Energy & Resources (Canada)]
Ferrari N.V. Common Shares (RACE)
Last ferrari n.v. common shares earnings: 2/4 05:58 am
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Source: Business News Network
Marchionne collects US$36M in stock for strong company returns Fiat Chrysler boss Sergio Marchionne delivered the best returns among his automaker-chief peers the last few years. He was compensated handsomely as a result. Marchionne earned 9.68 million euros (US$12 million) in base compensation and bonus during 2017, according to the Italian-American automaker’s annual report filed Tuesday. He also collected stock valued at about US$36 million at the March 2017 vesting date of the grant, which covered the three previous years. The dramatic rise in Fiat Chrysler’s stock has had a multiplier effect on Marchionne’s wealth, putting the 65-year-old executive in the ranks of the mega-wealthy who typically found and own companies, not those hired to run them. Marchionne owns Fiat Chrysler shares now worth about US$362 million, along with US$190 million of Ferrari NV and US$169 million of truck-and-tractor maker CNH Industrial NV. Marchionne, who is credited with saving Fiat in the mid-2000s,
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News
- Ferrari (RACE) Falls More Steeply Than Broader Market: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Ferrari N.V. (RACE) Hit a 52 Week High, Can the Run Continue? [Yahoo! Finance]Yahoo! Finance
- Ferrari (NYSE: RACE) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Ferrari (RACE) Gains But Lags Market: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Ferrari is sued by US drivers over brake defect [Reuters]Reuters
RACE
Earnings
- 2/1/24 - Beat
RACE
Sec Filings
- 3/25/24 - Form 6-K
- 3/18/24 - Form 6-K
- 3/11/24 - Form 6-K
- RACE's page on the SEC website